Business

COMMENT | Lydia Mirembe | There was a time when the retirement benefits sector in Uganda was defined by gross mismanagement, lack of transparency and accountability, outright corruption and brazen embezzlement of savers’ money. The establishment of a Sector Regulator since 2011, has provided a foundation for continued improvement in scheme …

Mbarara, Uganda | THE INDEPENDENT | Mbarara University of Science and Technology has developed a new organic fertilizer. The Organic Fertilizer, I-Soft Organic Fertilizer was innovated and developed by students of the Faculty of Agriculture and Livelihood in collaboration with the Mbarara Grapes Farmers Association, and Mbarara Agricultural Research Development …

New York, US | THE INDEPENDENT | The Ugandan government has taken the fight about the construction of the East African Crude Oil Pipeline-EACOP to the United Nations following last week’s resolution by the European Union-EU parliament. Vice President Jessica Alupo who represented President Museveni at the UN General Assembly …

Africa’s two wealthiest cities are in South Africa. Johannesburg is the wealthiest, with a total private wealth of US$239 billion, while Cape Town in second place has a total private wealth of US$131 billion Nairobi, Kenya | BIRD | Africa’s stock of private wealth is forecast to jump 38 per …

New York, US | Xinhua |  Botswana should diversify its economy to reduce its heavy dependence on diamonds, President Mokgweetsi Masisi on Thursday told world leaders attending the general debate of the 77th session of the UN General Assembly. Botswana is facing “an uphill battle” to attract investors to diversify …

Masaka, Uganda | THE INDEPENDENT | Over 328 million Shillings have been recovered through the Small Claims Procedure conducted by grade one Magistrate courts in Masaka over the last year. Mastulah Mulondo, the Chief Registrar in Charge of Small Claim Procured in the Judiciary, said that the money had been …

  Kampala, Uganda | THE INDEPENDENT | Guy Kimbowa Lutaaya has been appointed Chief Risk Officer (CRO) at Absa Bank Uganda Limited effective 1 October 2022. He is a seasoned finance professional and banker, with over 20 years of experience in finance and over 13 years of experience in banking. …

Kampala, Uganda | THE INDEPENDENT | The Buganda Road Magistrates Court has ruled that the former Chief Executive Officer of Uganda Airlines Cornwell Muleya who is accused of disobedience of orders requiring him to record a statement has a case to answer. On Friday, the court presided over by Grade …

Kampala, Uganda | THE INDEPENDENT | The sticking issue of the secrecy around the oil Production Sharing Agreement has kept Ugandans unable to get the answer to the question of how much the country will get from the oil and gas sector. The failure by the government to disclose the …

Xente Launches Visa Business Cards in Partnership with Visa Kampala, Uganda | LOUIS JADWONG |  Godfrey Kabbyanga Baluku, State Minister for ICT and National Guidance, has said that by Xente attracting a partnership with Visa – the world’s leader in digital payments – Ugandan innovators have shown they can have an …