Business

At the current oil prices of about $87.5 per barrel, the Kingfisher project will account for about 15% of the total oil revenues to government from upstream, which is $6.9billion in total and $360million per year. Kikuube, Uganda | THE INDEPENDENT | President Yoweri Museveni has today launched the commencement …

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 …

Kampala, Uganda | THE INDEPENDENT | Airtel Uganda, has switched on 29 new masts in 12 districts as part of their commitment to deliver exceptional customer experience on the Airtel network that customers have been accustomed to according to Agarwal Rajesh, a director at Airtel. The additional masts are part of …

Kampala, Uganda | THE INDEPENDENT | Irene Nandyose, a business administration graduate from Makerere University Kampala loved knitting and crocheting during her free time on campus. And it is through this exercise that a business idea was hatched. But the business idea was only implemented in 2020 following training under the …

Kampala, Uganda | THE INDEPENDENT | DFCU Bank has launched a new 12-week campaign to inspire customers to ‘Reach for More’ by taking advantage of its special financial packages to achieve their aspirations/needs conveniently during the new year. Under the campaign, the Bank is providing collateral free loans (unsecured loans) of …

What the CSOs want on matters debt, public expenditure, women, food & tourism Kampala, Uganda | JULIUS BUSINGE | Civil Society Organisations under their umbrella body, the Civil Society Budget Advocacy Group (CSBAG) are urging the government to design a budget that is responsive to public debt, public expenditure, climate change, …

Kampala, Uganda | THE INDEPENDENT | The Public Accountants Examinations Board of the Institute of Certified Public Accountants of Uganda has released the lasts examination results that were conducted in December last year. According to CPA Laura Orobia, who signed the examination press release, a total of 5,279 candidates attempted the …

SPECIAL FEATURE | THE INDEPEDNENT | With a blaring distress signal on and the blue top lights flashing, an ambulance rushed out of the gate at breakneck speed, leaving everyone at the health facility wondering what emergency had come up. No sooner had it joined the main road though than the …

Jinja, Uganda | THE INDEPENDENT | The Finance and Energy Ministries have taken over the management of the Jinja fuel storage terminal. The terminal that has been managed under a Joint Venture Partnership between One Petroleum Limited (OPL) consortium and Uganda National Oil Company Limited (UNOC) will now fully be under …

  Africa’s fintech space continues its pandemic-induced growth with a 25% jump in new finance app installations in 2022, energised by the rapid adoption of mobile banking solutions. Accra, Ghana | BIRD AGENCY | A new report by AppsFlyer and Google analysed more than 140 million installs across 3,000 finance …