Business

But Africa remains the most concerned region about consumer protection and cybersecurity risks | THE INDEPENDENT | Accountants now need to take advantage of the possibilities that come with FinTech given that the latter provides products that are solving actual problems, according to the Bank of Uganda Deputy Governor Michael …

It is often said that men apply for a job when they meet only 60% of the qualifications, but women apply only if they meet 100% of them COMMENT |  DEREK NSEKO  | Only seven of the top 100 airlines in the world are led by female CEOs, according to a …

COMMENT | HENRY NJOROGE | President Yoweri Museveni recently recently commissioned the Regional ICT Infrastructure and E-Government Services in Gulu City and called for the adoption and use of ICT in public service delivery in transforming Uganda into a knowledge-based economy. The Uganda Vision 2040 identifies ICT among the key …

Masaka, Uganda | THE INDEPENDENT | The Magistrates Court in Masaka has ruled that Laetitia Nakimbugwe, a mistress involved in a property dispute with former Vice President Edward Kiwanuka Ssekandi does not have rights over his fortune. Nakimbugwe was dragged to court by Victoria Nawangi, an appointed administrator of Ssekandi’s …

Tororo, Uganda | THE INDEPENDENT | A team from crime intelligence directorate has arrested Ugandan socialite Charles Olim popularly known as Sipapa over a sh1.6 billion robbery from a South Sudanese national Jacob Arok. For the last five days, crime intelligence and criminal investigations directorate have been hunting for Sipapa …

Kampala, Uganda | THE INDEPENDENT | Delegates attending the opening of the Africa Regional Food Safety conference in Kampala are pushing for formulation of uniform standards for food and agricultural products meant for export in the region and globally. Speaking at the meeting which will be on until the 13th …

Masaka, Uganda | THE INDEPENDENT | Masaka City Council authorities are faced with an uphill task of enforcing a ban on the creation and sale of undersized plots due to the reluctance of land brokers to heed the directive. In July this year, the Masaka City Executive and the Roads Committee …

This is the 6th straight month it is rising causing anxiety in the interest rate market  Kampala, Uganda | JULIUS BUSINGE | Inflation, as measured by the Consumer Price Index for Uganda for the 12 months to August 2022, increased to 9.0%, up from 7.9% registered in July 2022, according …

| THE INDEPENDENT | Uganda Clays net profit has dropped by more than half to Shs2.7bn for the first six months ending June.30 but management insists there are no worries at least for now. “We project the economy to improve in the second half of the year resulting in a …

BoU raised policy rate for a third straight time in a row signaling boost to interest rates | THE INDEPENDENT | Dfcu and DTB have recorded a surprise profit for the first six months of the year but the uncertainty remains ahead due to the prevailing tough economic times. Dfcu …