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Uganda shilling romps over regional peers, dollar

Kampala, Uganda | THE INDEPENDENT | The Uganda shilling ended the year 2022 on a strong not having appreciated against the US dollar over the previous few months. According to the Ministry of Finance, Planning and Economic Development, the Ugandan shilling appreciated by 1.9 percent in December against the US Dollar, …

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Alliance Francaise holds open market day in Kampala

Kampala, Uganda | THE INDEPENDENT | Alliance Française Kampala (AFK) on January 21st, organised an Open Day French market which was an opportunity to bring together the Uganda and French communities and give a glimpse into the languages and cultural programs at Alliance Francaise. The event started at 10:30am and ended …

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Britam Uganda won’t exit the market

Kampala, Uganda | THE INDEPENDENT | Britam Insurance Company (Uganda) Limited and Britam Asset Managers Company (Uganda) Limited executives have said, the company does not have any plans to exit the Ugandan market. This follows recent media reports about a possibility of the company exiting Uganda. “Britam Uganda is now looking …

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Ecobank supports community change makers

Kampala, Uganda | THE INDEPENDENT | Ecobank Uganda has extended in-kind funding of Shs1million to eight community change makers as part of its recently concluded digital campaign dubbed “12 days of Christmas,” under the festive season theme “A special thank you from us.” Grace Muliisa, the bank’s managing director said on …

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AfDB: Africa will grow 4% in 2023 as China recovers

The bank’s cautiously optimistic economic outlook is partly based on the expectation that China will continue to re-open after three years of strict Covid-19 policies Kampala, Uganda | Leo Komminoth | The African Development Bank predicts the continent’s growth will be a stronger-than-expected 4% this year, with China’s ending of strict Covid-19 …

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