Business

Kampala, Uganda | THE INDEPENDENT | Uganda’s central bank maintained the Central Bank Rate at 10% saying it is still effective to control the rise in inflation, bring stability to the lending and exchange rate, and drive economic growth. Uganda Bureau of Statistics reported at the end of last month that …

Kampala, Uganda | THE INDEPENDENT | Three world’s top manufacturers of aircraft are jostling to supply six aircraft that Uganda Airlines is seeking to add to its fleet. The trio – Airbus, Boeing, and Embraer from Brazil – are said to have submitted their bids to the authorities last week, who …

  Kiboga, Uganda  | THE INDEPENDENT |  The government of Uganda, through the Minister of Energy and Mineral Development Ruth Nankabirwa, has launched the disbursement of Parish Development Model  (PDM) cash to beneficiaries in Kiboga District. Through Equity Bank, government has streamlined the disbursement process and will offer financial literacy …

Kampala, Uganda | JULIUS BUSINGE | Leading tech-centric finance company, CapitalSavvy yesterday passed out a group of 20 trainees who completed a course in Blockchain technology. The 20 made the pioneering cohort of the Blockchain Innovation Program that was launched in the last quarter of last year. CapitalSavvy partnered with international …

Kampala, Uganda | THE INDEPENDENT | On Feb.10, Adidas warned over the potential major impact on its profits of ending its partnership with rapper and fashion designer Kanye West last November. The firm’s new boss said it could lose hundreds of millions of dollars this year if it decides not to …

This comes at a time parliament is now involved in coming up with a proposed budget for the next financial year Kampala, Uganda | THE INDEPENDENT | Ugandan government need to review taxes on internet and internet-enabled devices such as smartphones ahead of the proposed national budget for the Financial Year …

Kampala, Uganda | THE INDEPENDENT | On Feb.08, MultiChoice Uganda, the home of pay TV entertainment celebrated the 2nd anniversary of one of its Homegrown Flagship Local Content channel, Pearl Magic Prime (PMP). Through its award-winning storytelling, Pearl Magic Prime has introduced the world to Ugandan stories, talent and storylines that …

Helpware’s initial focus on staffing will be hiring more than 100 Customer Support Representatives (CSRs) based who will provide a seamless customer experience across channels Kampala, Uganda | Patricia AKankwansa | US-based Business Process Outsourcing (BPO) Company, Helpware, has expanded to Kampala with amazing job opportunities for local residents. The company is …

Kampala, Uganda | THE INDEPENDENT | Netflix is introducing limits on password sharing in four more countries: Canada, New Zealand, Portugal and Spain, the BCC reported on Feb.10. Customers in those countries are being asked to pay an extra fee if they want friends and family who don’t live with them …

EAC has finally sanctioned the creation of an East African Financial Services Commission, but the process of achieving regional monetary union is running way behind schedule Kampala, Uganda | Neil Ford | The East African Legislative Assembly (EALA) in December last year passed a bill establishing the East African Financial Services Commission …