Business

Nabilatuk , Uganda | THE INDEPENDENT | Nabilatuk district is yet to give out tractors for hire to other districts in the region due to overwhelming demand by farmers. In April 2023, the Ministry of Agriculture, Animal Industry and Fisheries launched a tractor hire scheme in Nabilatuk district to support farmers in …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda’s income tax paid to the government increased to 48.1 billion Shillings in the first quarter of this year, as the network’s subscriber base jumped to 17 million. In the same quarter (January to March) 2022, the company paid 43.2 billion Shillings, amidst …

Kampala, Uganda | THE INDEPENDENT | dfcu Bank has launched its new digital account, “Digito ku Spot’, which supports self-onboarding allowing customers to have an elevated account opening experience. This innovative account is specifically designed to provide customers with quick and easy access to financial services, with the added convenience of …

Kalangala, Uganda  | THE INDEPENDENT | The acute scarcity and high cost of seedlings are frustrating the anticipated expansion of the oil palm growing project in Kalangala district. With support from the government and International Fund for Agriculture Development-IFAD since the early 2000s, the communities in Kalangala undertook to grow …

The 102 top-performing scholars are from the 50 Districts where the Bank has a branch presence. The Equity Leaders Program (ELP), a mentorship and leadership development program, plays a significant role in extending Equity Bank Uganda’s social impact contribution.  Kampala Uganda | THE INDEPENDENT | Equity Bank Uganda has commissioned the …

The group wants a clear government plan for putting money in people’s pockets Kampala, Uganda | JULIUS BUSINGE | Civil Society Organizations under their umbrella, the Civil Society Budget Advocacy Group (CSBAG) are concerned about the insufficient budget allocation to address domestic arrears arguing that the move could stifle private …

Banking entities posted impressive growth in profit after tax during the year owing to the opening up of the economy and the subsequent growth in the private sector credit Kampala, Uganda | ISAAC KHISA | More than half of companies listed on the Uganda Securities Exchange recorded growth in profits in …

Kampala, Uganda | THE INDEPENDENT | The private sector in Uganda and in Nigeria is pushing for the easing of travel visa requirements between the two countries so as to improve trade through the easy movement of persons. The two have also hailed the government of Nigeria for granting Uganda …

Kampala, Uganda | THE INDEPENDENT | The Stanbic Business Incubator Limited (SBIL), a subsidiary of Stanbic Uganda Holdings Limited (SUHL), is inviting entrepreneurs to register and benefit from enhanced training under their Enterprise Development Program (EDP). SBIL Chief Executive, Tony Otoa, the said the invitation for this specialised training is open …

Over 1400 new employers registered since the start of the drive in March Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund has announced an extension of the mandatory registration for employers to June 30, 2023, following requests from small and medium enterprises. The non-compliant employers will thereafter be …