Starlink’s intention to offer a router-free service would be a “wake-up call” for Africa’s telecom giants, according to one analyst, and could trigger a pricing war across Africa’s telecom sector, forcing traditional giants to innovate or risk losing their market stronghold. SPECIAL REPORT | BIRD AGENCY | Billionaire Elon Musk’s …
Read More »Ugandan economists advised to keep an eye on Kamala vs Trump
Kampala, Uganda | THE INDEPENDENT | Uganda and other African countries have been advised to take a keen interest in US politics. The outcome of the presidential polls later this year is poised to affect several economies across the world. Experts say, the election is important for Uganda, which …
Read More »AI the key to greater financial inclusion
COMMENT | Andrew Kabeera | The future of financial inclusion in this country and across the world will depend squarely on how the financial industry can collect data from the millions of people who need financial services efficiently and effectively. In the last year, we at Post Bank have had the honor …
Read More »Joanita Mukasa Menya is new Managing Director at Vivo Energy Uganda
Vivo Energy Uganda announces Joanita Mukasa Menya as new Managing Director Kampala, Uganda | THE INDEPENDENT | Joanita Mukasa Menya has been appointed Managing Director of Vivo Energy Uganda with effect from September 1, 2024. Vivo Energy Uganda, the company that distributes and markets Shell-branded fuels and lubricants, announced the …
Read More »Kasaija assures depositors about money held in banks
Wakiso, Uganda | THE INDEPENDENT | Finance Minister, Matia Kasaija says depositors holding accounts with the different should rest assured that their money is insured against risks to the tune of 90%. The deposits are under the Deposit Protection Fund (DPF). Minister Kasaija was speaking at the Conference and Annual General …
Read More »DTB signs the UN Principles for Responsible Banking
Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank has taken a significant step toward advancing sustainability in the banking sector by signing the United Nations Principles of Responsible Banking. This is a single framework for a sustainable banking industry developed by collaborating with banks worldwide and the United Nations Environment …
Read More »Equity Bank Uganda re-affirms commitment to GROW Project
Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda, one of the partners of the GROW project which is being spearheaded by the ministry of gender and labour, World Bank and PSFU, have customised several of their services to suit ordinary women interested in loans. Women entrepreneurs will be able to …
Read More »KCB screens green loans worth KShs. 615bn in 2023
Kampala, Uganda | THE INDEPENDENT | KCB Group screened loans worth KShs. 615 billion for environmental and social risks in 2023 as the Bank races to support projects with positive environmental impacts. This constitutes half of the Group’s loan book as of last year’s end, cementing KCB commitment to sustainable finance. …
Read More »MTN Foundation partners with UCU to empower youth with digital skills
Kampala, Uganda | THE INDEPENDENT | MTN Foundation, the corporate social responsibility arm of MTN Uganda, has today partnered with Uganda Christian University (UCU) to empower Uganda’s youth with essential digital skills. This follows the signing of a Memorandum of Understanding (MoU) at MTN Uganda, highlighting a shared vision of equipping …
Read More »Ecobank, Ria partner for easier remittances
Kampala, Uganda | THE INDEPENDENT | Ecobank Uganda has joined forces with Ria Money Transfer, a global leader in cross-border remittance services, to revolutionize the way Ugandans send and receive money. This strategic partnership will make it easier than ever for the Ugandan diaspora to support their loved ones back home. …
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