FAO and agriculture ministry respond to plight of fruit farmers in western Uganda Kampala, Uganda | RONALD MUSOKE | The Food and Agriculture Organization of the United Nations (FAO) in collaboration with the International Institute of Tropical Agriculture (IITA) and Uganda’s agriculture ministry have teamed up and responded to the plight …
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Equity Bank provided up to US$100 million funding for construction, importation of HiTech Medical Equipment and machines as well as working capital support. Uganda Development Bank has contributed US Luwero, Uganda | THE INDEPENDENT | The President of Uganda Yoweri Kaguta Museveni, on Friday commissioned the Dei Biopharma manufacturing facility …
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Fraudsters have resorted to using simcards of dead people or old people in rural areas ignorant about transactions | THE INDEPENDENT | The National Payment Systems Services Association has partnered with Uganda Bankers Association to fight fraud that had become a threat to the financial sector and the growth in …
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Off-grid electricity sector can contribute to achieving most of the country’s development targets faster Kampala, Uganda | RONALD MUSOKE | Over 5,000 jobs in Uganda’s decentralized renewable energy (off-grid power) sector have been lost over the last two years due to the COVID-19 pandemic according to a new study published …
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MasterCard Foundation, NSSF 2028 Target: To create 500 startups and up to 132,000 jobs ✳ Support 500 startups ✳ 100 startups to scale ✳ Create132,000 jobs ✳ 132,000 new NSSF members ✳ Use $10million ($5m Mastercard Foundation + $5m NSSF) ▶ In the past 14 months ✳ 8,039 entrepreneurs …
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Uganda’s real GDP expanded 4.9% y/y in Q2 22, marginally weaker than the prior quarter’s 5.1%, following a marked moderation in import taxes. The pace of growth is anticipated to slow in H2 2022 as households navigate a higher inflation and lending rates environment. Economic growth will average about 4.3% …
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Namanve-based Yuti Breweries is frothing with excitement over its latest accolades. Kampala, Uganda | THE INDEPENDENT | Highly consumed brand Torrero Liqueur has for the second year running awarded best locally blended liqueur at the People’s Choice Quality Awards presided over by Hon. Amos Lugoloobi – State Minister of Finance Planning …
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She has led key strategic and technical financial initiatives to optimize the institution’s financial capacity Kampala, Uganda | RONALD MUSOKE | The African Development Bank (AfDB) on Oct.10 appointed Hassatou Diop N’sele as the substantive Vice President for Finance and Chief Financial Officer— a position she has been holding in …
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Prize awarded to winners in five categories, with each winner receiving £1 million grant Kampala, Uganda | RONALD MUSOKE | On Oct.12, Multichoice Group, a pan-African video entertainment company announced a new media broadcast partnership with The Earthshot Prize, a global environmental prize, in a new initiative geared towards helping …
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Regulators are increasingly seeking risk-based oversight in the market to deal with changes in technology, consumer needs Kampala, Uganda | THE INDEPENDENT | What is the best way to support businesses to survive during and after a tough economic environment? This is the big question that most people in investment circles …
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