Uganda is one of the “fresh” places with a massively growing gaming market. And even though it comes with some regulations regarding gaming and betting, they are still not entirely developed and in some aspects are also weak. That’s the very reason why there is an urgent necessity …
Read More »Govt signs major LPG agreement for sustainable energy
KAMPALA, UGANDA | THE INDEPENDENT | The Government has signed a Supply and Purchase Agreement with Global Gases Group to establish a Liquefied Petroleum Gas (LPG) storage facility and cylinder manufacturing and filling plants. The facility, set to be constructed in Luzira by 2026, aims to boost LPG usage across the …
Read More »Blencowe Resources given approval for Orom-Cross Graphite Project
Kitgum, Uganda | THE INDEPENDENT | Blencowe Resources, a UK-based firm undertaking the Orom-Cross graphite project in Northern Uganda has received full Mineral Services Partnership (MSP) accreditation. The partnership is a global initiative promoting transparency and best practices in mineral resource reporting to enhance investor confidence and industry credibility. 14 …
Read More »Housing Finance Bank unveils women financing solution
Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank has advanced its goal of empowering women with the launch of the ‘HFB Woman’, financing solution in partnership with the Uganda Women Entrepreneurs Association Limited (UWEAL). This solution aims to support women entrepreneurs across Uganda by providing access to affordable loans …
Read More »Wendi by PostBank partners with IFDC to give 3,000 farmers financial access
• Over 3,000 Smallholder Farmers to be reached • Individuals to earn a 10% interest per annum on their daily Wendi saving Mbale, Uganda | THE INDEPENDENT | PostBank Uganda, through its Wendi Mobile Wallet, and the International Fertilizer Development Centre (IFDC) has launched a partnership aimed at improving access to financial …
Read More »STANBIC PMI: Businesses did well in September
Kampala, Uganda | THE INDEPENDENT | Increased advertising by companies during September played a role in sustaining strong business output and attracting new clients as the headline Stanbic Bank Purchasing Index (Stanbic PMI) dropped slightly to 54.2 compared to the 56.3 posted in August. The threshold for a positive business outlook …
Read More »MTN Uganda Strengthens Leadership Team with Key Appointments
Kampala, Uganda | THE INDEPENDENT | In a strategic move aimed at enhancing operational capabilities and driving growth, MTN Uganda has announced the appointment of three distinguished leaders to its executive team: Thomas Motlepa as Chief Technology & Information Officer (CTIO), Franklin Ocharo as General Manager of Growth & New Business, …
Read More »What are the best online Casino sites for real money?
Are you on the hunt for the best online casino sites to play for real money? Look no further! Whether you’re a seasoned gambler or just dipping your toes into the world of online betting, choosing the right platform is crucial. With a sea of options out there, it can …
Read More »‘Team Europe’ invests Shs 295 bn to boost African Caribbean and Pacific economies
European Commission says the private sector is key to sustainable development ANALYSIS | RONALD MUSOKE | The European Investment Bank (EIB Global), the European Union’s long-term lending institution, has signed agreements with seven EU member states, pledging over Shs 295 billion (€74 million) to a new funding envelope aimed at promoting …
Read More »Uganda’s insurance sector sees 12.6% growth in gross written premiums
Non-life insurance continues to dominate the market, holding 58% of the aggregate industry written premiums Kampala, Uganda | THE INDEPENDENT | Insurance companies in Uganda reported gross written premiums of Shs 933.8 billion (approximately US$249 million) in the first half of 2024, according to a sector performance report released by the …
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