Business

    Kampala, Uganda | THE INDEPENDENT | The State Minister of Finance, Henry Musasizi, has spoken out on the money heist at the Bank of Uganda (BOU) in which over 60 billion shillings was reportedly siphoned from the institution’s accounts in September this year and channeled to foreign accounts. …

  As Glovo continues revolutionizing the on-demand delivery landscape, its Q-commerce operations have become an important pillar of its growth strategy. Patricia Akankwatsa of The Independent had the opportunity to sit down with the newly appointed Country Manager, Ivy Maingi to discuss how Glovo is redefining quick commerce in Uganda …

OPINION | Brenda Mpoora | Kaka Mbabazi feels more in control of her life these days. She turned 73 at the beginning of this year and has never owned a bank account. Until June this year, when her granddaughter Patience signed her onto PostBank’s Wendi mobile platform in addition to registering …

The Bank was also granted the Sustainability Certification for adapting the Sustainability Standards Certfication Initiative Version 2.0, at level 5 which is the highest level under the initiative Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank's Managing Director, Patricia Ojangole, has, for the fourth year running, won the Sustainability …

COMMENT | TMS RUGE |  For those not paying attention, new EU organic certification requirements of all supply chains have effectively killed off Ugandan agriculture exports into the European Union. For example, organic certification has been a necessary certification for export of our Moringa powder and for a while it …

Kampala, Uganda | THE INDEPENDENT |  MTN Uganda, through its Corporate Social Responsibility arm, MTN Foundation, has successfully graduated 253 young individuals from its Digital Literacy Program in Eastern Uganda, marking a significant milestone in its ongoing efforts to equip youth with essential digital skills. The graduation ceremony held at MTAC …

KAMPALA, UGANDA | THE INDEPENDENT | Uganda Baati Limited has been recognized as the manufacturer of the Best Quality Iron Sheets at the prestigious People’s Choice Awards 2024. This becomes one of the many awards for quality roof sheets awarded to the company since 2020. The award was received by Lynn …

Kamuli, Uganda | THE INDEPENDENT | The Police in Kamuli District have arrested the ring leader of a gang dealing in counterfeit currencies. The suspect identified as Sowedi Egumbye was arrested in an intelligence-led operation on Tuesday from Buwagi, Nawanyago Sub-county. Michael Kasadha, the Busoga North Spokesperson says that the arrest …

Experts say  incorporating ESG principles in their operations no longer an option Kampala, Uganda | ISAAC KHISA | Insurance companies have always played a crucial role in ensuring the stability of economies, offering businesses and property owners a safety net against unforeseen events. However, as climate change accelerates and its impacts …

Kampala, Uganda | THE INDEPENDENT | Huawei Technologies Uganda Limited, in partnership with the Ministry of ICT and National Guidance, successfully held the National ICT Job Fair 2024 at the National ICT Innovation Hub in Nakawa, calling for enhanced job creation in Uganda’s ICT sector. The two-day event, held from November …