Business

The total group equity value of the joint venture, which will operate in nearly 30 African countries, is expected to be more than $2.1bn, according to Allianz | THE INDEPENDENT | South African insurer Sanlam and Germany’s Allianz have agreed to combine their current and future operations across Africa in …

Kampala, Uganda | THE INDEPENDENT | Amidst a heated debate, Minister of Finance Matia Kasaija has named 10 companies that have been paid, and 23 who have been verified and are set to be compensated after losses in South Sudan’s 7-year civil war that started in 2013. The 33 are …

Entebbe, Uganda | THE INDEPENDENT | Tanzania’s President Samia Suluhu Hassan is in Uganda for a two day state visit, and has on day signed health, security, energy and trade pacts. President Yoweri Museveni held a meeting with her at State House Entebbe before briefing the press.   Share on:

Kampala, Uganda | THE INDEPENDENT | Uganda’s leading paint manufacturers, Kansai Plascon treated their dealers from across the country to a sumptuous dinner at the Kampala Sheraton Hotel over the weekend. The dinner which is held annually is aimed at celebrating the company’s dealers for their continued dedication towards the growth …

The exhibition is expected to attract 100 international exhibitors to promote their businesses Kampala, Uganda | THE INDEPENDENT | After two years of no show due to COVID-19 related restrictions, Uganda Manufactures Association is in high gear to host sector players from across the world for the 28th Trade Fair. …

The firm maintains a positive outlook going forward Kampala, Uganda | THE INDEPENDENT | Telecom firm, MTN Uganda recorded a 20% increase in profit after tax to Shs100bn in quarter one of 2022, signifying an improvement in profit margins. The performance was boosted by data revenue, which increased by 45% …

But reopening of economy will boost growth in the year through June to 4.5% and 6% in 2022/23 Kampala, Uganda | ISAAC KHISA | Uganda risks going into a new borrowing spree in the event that the government extends subsidies to essential commodities to cushion the soaring prices, according to …

  Mbale, Uganda | THE INDEPENDENT | Nile Breweries Limited through their premium beer Club Pilsener have once again partnered with Brand Purple Uganda Limited in their countrywide Purple Party musical tours. Happening for the first time since the lifting of the Covid-19 lockdown, Purple Party, one of the biggest …

Kampala, Uganda | THE INDEPENDENT | Ugandan poultry farmers have denied accusations by their Kenyan counterparts that they export cheaper poultry products to Kenya, which is distorting the market. Last week, Kenyan media reported that poultry farmers had petitioned the Ministry of Agriculture Fisheries and Livestock calling for a total …

Kampala, Uganda | THE INDEPENDENT | Lois Aber Kwikiriza has been appointed the new Head of Marketing at MultiChoice Uganda. Kwikiriza takes on the mantle from Colin Asiimwe who has been at the helm of marketing at MultiChoice Uganda for the last two years. While welcoming the newly appointed Head …