Business

The residential pipeline activity remains high, with apartment units in Naguru, Kololo and Nakasero coming online in the next 2 years Kampala, Uganda | THE INDEPENDENT | Residential land prices in Kampala’s affluent suburbs dropped by approximately 10% in the second half of 2022 owing to an increased supply of re-development …

The airline’s shares will stay off the NSE for another 12 months as the airline restructures ahead of a potential sale Kampala, Uganda | Leo Komminoth | Kenya Airways shares have been suspended from trading for an additional year from 5 January, according to a statement from the Nairobi Stock Exchange. The …

Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority of Uganda Chief Executive Officer Kaddunabbi Ibrahim Lubega anticipates a good year for the insurance sector supported by improved economic performance in all sectors. Speaking at the CEO breakfast meeting held in Kampala at the end of last year, Kaddunabbi said, …

Kampala, Uganda | THE INDEPENDENT | As the economy continues to grapple with high inflationary pressures and challenges related to global economic and political turmoil, financial sector players are unveiling plans for customers to remain afloat hoping that the situation will normalize. On January 12, Stanbic Bank unveiled ‘a financial relief …

Entebbe, Uganda | THE INDEPENDENT | For the second time in a week, a flight from Entebbe International Airport has been disrupted by a bird strike. A Uganda Airlines CRJ-900 ‘Bombardier’ was forced to abandon flight UR-710 at 3.45pm on Monday, after a bird strike during take off. According to the …

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda Limited is currently offering a vast array of financial packages that will immensely be pivotal in helping Ugandans kick-start a new year on a strong financial stand. The impressive packages will bolster investment capabilities for Ugandan entrepreneurs, especially its customers which is …

Uganda MiAgro Shoppers Ltd among 25 finalists vying for top prizes Kampala, Uganda | AGENCIES | MiAgro Shoppers Limited, an e-commerce digital shopping platform based in Kampala, is one of 25 youth-led agriculture sector companies from 14 African countries that have advanced to the finalist round of the African Development Bank …

Kasese, Uganda | THE INDEPENDENT | Cotton growers in Kasese district have decried the poor harvest that has contributed to prices reducing. Cotton is one of the traditional cash crops that farmers in Kasese have grown since colonial times. However, this season farmers say they are getting poor harvests as a …

  Kampala, Uganda | THE INDEPENDENT | The Blockchain Association of Uganda has urged extra caution for all those who wish to attend the Kampala Blockchain Summit due tomorrow. In a statement signed by Uganda Blockchain chairman Kwame Rugunda, the association said they have been forced to raise a red flag …

Kampala, Uganda | THE INDEPENDENT | Examinations boards under the Department of Business Technical Vocational Education and Training (BTVET) have courted Parliament’s Education and Sports Committee for more funding in the  2023/2024 Financial Year. The Committee chaired by John Twesigye Ntamuhira received the proposed budget estimates for the boards on …