Business

However, infrastructure gaps in remote mining areas continue to hinder resource accessibility and operational efficiency Kampala, Uganda | JULIUS BUSINGE | Uganda’s extractive industry marked a year of significant strides in 2024, with advancements in mining and oil and gas shaping the sector’s outlook. Bolstered by government initiatives, increased investment, and …

Without course correction, 20 of 26 countries would remain poor through 2050 ANALYSIS | AGENCIES | The next 25 years could prove decisive in determining whether the world’s 26 poorest countries progress to middle-income status, a new World Bank analysis shows. Home to more than 40 percent of people struggling on …

Tanzania’s $10bn SGR is an electrified medium-speed line that will eventually connect the commercial capital of Dar es Salaam with the densely populated Great Lake states of Burundi, Rwanda and Uganda DAR ES SALAAM | Xinhua and Agencies |  The Tanzania Railways Corporation (TRC) said Wednesday that it had received …

Strategic efforts in inflation management, interest rate stabilization, and infrastructure investment formed the backbone of the country’s economic resilience Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic performance in 2024 highlighted its ability to navigate global and domestic challenges while leveraging opportunities to bolster growth. Strategic efforts in inflation management, interest …

Uganda’s rising loss ratio signals urgent need for a shift to preventive care to strengthen medical insurance business Kampala, Uganda | ISAAC KHISA | Uganda’s medical insurance sector has experienced significant growth over the past decade, with gross written premiums increasing from Shs 33.6 billion in 2013 to Shs 196.1 billion …

Kampala, Uganda | THE INDEPENDENT | The NCBA Uganda Monthly MUG came to an exciting close this past on Dec.21 with the much-anticipated Mug of Mugs event at Mary Louise Simkins Golf Club, Namulonge. After months of intense competition, the final leg of the Monthly Mug attracted a host of golf …

Female-led firms are demonstrating their creditworthiness with little or no collateral, as development financiers and commercial lenders start to increase their support for women entrepreneurs through gender strategies, custom bank accounts with accessible requirements, and empowerment programs. SPECIAL REPORT | BIRD AGENCY | Africa has the highest proportion of women …

Success in affiliate marketing is possible for anyone willing to work systematically and persistently. The story of our hero Franck Ytch from Cameroon is an example of how, even without significant initial resources, impressive results can be achieved, stable income can be built, and ambitious plans can be realized. First …

Collaboration builds on existing in-person Western Union money transfer services at PostBank Uganda locations, driving digital adoption and accessible financial services for all. Kampala, Uganda | THE INDEPENDENT |  Western Union and PostBank Uganda today announced the launch of international money transfers in the Wendi mobile wallet. The co-branded digital …

Kampala, Uganda | THE INDEPENDENT | Uganda Breweries Limited (UBL) under its vast beer portfolio ushered in the festive season with the launch of its “Buckets of Cheer” campaign, a heartwarming initiative designed to bring people together, spread joy, and create memorable celebrations across Uganda during this special time of …