Kampala, Uganda | THE INDEPENDENT | Centenary Bank has announced it is offering affordable Cente education product for parents, students and school proprietors in a bid to cushion their financial burden as schools re-open. The bank, the largest commercial microfinance bank in Uganda, has said the Cente education product is available to …
Read More »NSSF defends its performance and real estate investments
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has defended its performance over the last 10 years before the Parliamentary Select Committee investigating the National Social Security Fund (NSSF) and the appointment of the Managing Director and Deputy Managing Director. The Committee is chaired by Mwine Mpaka, …
Read More »Why directors need limits to how many boards they sit on
When directors sit on too many company boards they might become what’s referred to as ‘overboarded’ Kampala, Uganda | REHANA CASSIM | Experienced directors of companies are in high demand in countries around the world. For this reason, many hold multiple directorships. There’s an upside to this. Directors with multiple directorships …
Read More »Is nature-based investing ready for take-off in Africa?
Conserving Africa’s biodiversity is vital for the continent’s long-term economic development, and the private sector may be poised to assume a bigger role Kampala, Uganda | BEN PAYTON | Thousands of delegates gathered for the 2022 United Nations biodiversity conference (Cop15) in Montreal in December, tasked with finding a pathway to …
Read More »ONAPITO: Alcoholic Drinks Control Bill an attack on treasury and freedom to socialise
Kampala, Uganda | THE INDEPENDENT | Alcohol manufacturers in Uganda have expressed reservations on the proposed Alcoholic Drinks Control Bill saying it is “diversionary” and “regressive.” In another stakeholders’ meeting with the drafter of the bill Sarah Opendi on Wednesday, the Chairperson of Uganda Alcohol Industry Association Onapito Ekomoloit said the …
Read More »Uganda Baati unveils 11th showroom in Soroti
Soroti, Uganda | THE INDEPENDENT | Uganda Baati Limited on Jan 31st, opened its 11th showroom in Soroti. Speaking at the launch, George Arodi, the Chief Executive Officer Uganda Baati, said that the decision to open a new route to market through showrooms was to bring convenience to the customers who …
Read More »M-Net and MultiChoice launches Luganda channel
Kampala, Uganda | THE INDEPENDENT | M-Net and MultiChoice have launched a new channel for subscribers in Uganda dubbed in Luganda. The channel will be on DStv Channel 142 and GOtv Channel 315. The channel tagline ‘Tuli KuGround’ (meaning ‘we are on the ground’), encompasses MultiChoice Uganda’s ambition to be rooted …
Read More »Airtel Uganda acquires new fleet to reduce carbon emissions
Kampala, Uganda | THE INDEPENDENT | Airtel Uganda recently announced the overhaul of its fleet with the aim of reducing carbon emissions as part of its environmental stewardship goal and serving customers better. This comes weeks after the leading Smartphone network launched Green-towers in Iganga as part of reducing their …
Read More »‘Smartcare App’ facilitates Smart medical supplies system
SPECIAL FEATURE | THE INDEPENDENT | As part of the innovation to make customer relations friendlier, National Medical Stores has come up with the Smart Care, a set of digital products to enhance real time feedback. With this service, public health facilities and the general public can now provide and …
Read More »NSSF half-year contributions up 22% to Shs786bn
The Fund Asset size increased from Shs17.65 trillion in July 2022 to Shs17.88 trillion in December 2022 Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund Uganda is on track to achieve its key performance targets for the Financial Year 2022/2023 after savers contributions and realized income grew by …
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