Hoima, Uganda |THE INDEPENDENT | CNOOC Uganda Limited, an Energy company on Monday 19th August completed the Heavy Goods Vehicle (HGV) drivers Training and Licensing Program. The program involved 110 drivers being trained, Licensed and certified to professionally drive Heavy Goods trucks and trailers (class CH License) or rigid trucks …
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Uganda Breweries Limited announces price reduction on Pilsner Lager Port Bell – Luzira , Uganda | THE INDEPENDENT | Uganda Breweries Limited (UBL) has announced a price reduction on one of its iconic beer brand, Pilsner Lager. Starting today, the favourite local beer will be sold at a recommended retail price …
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TECH NEWS | THE INDEPENDENT | Excitement is building as Talkio Mobile, Uganda’s latest Mobile Virtual Network Operator (MVNO), gears up for its highly anticipated launch. Promising a blend of innovation and disruption, Talkio Mobile aims to shake up the telecommunications landscape in Uganda, with whispers circulating that the launch …
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JOHANNESBURG | Xinhua | South African President Cyril Ramaphosa signed the Electricity Regulation Amendment Act into law on Friday, clearing the way for significant reforms in the country’s energy sector. The new legislation was aimed at addressing the country’s long-standing power outage challenges by far-reaching reforms, including establishing a competitive …
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Kampala, Uganda | THE INDEPENDENT | The Banking industry reports that the not-so-friendly business environment has contributed to it’s failure to fully return to the post COVID-19 performance levels yet, despite improving results. Stanbic Holdings Uganda Ltd (SUHL), which has announced a profit after tax of 235.5 billion shillings for the …
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Kampala, Uganda | THE INDEPENDENT | Eight women-owned businesses have emerged as the inaugural recipients of the Advancing Women Entrepreneurs (AWE) contract worth UGX 1.6 billion an initiative, by MTN Uganda in collaboration with partners such as American Tower Corporation (ATC) Uganda. This initiative aims at empowering women entrepreneurs by integrating …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector reported a continued growth of new orders running into the fourth month at the end of July marking the start of the third quarter. The upturn was widespread across all five monitored sectors, with firms linking the expansion to new client wins. …
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Abuja, Nigeria | THE INDEPENDENT | Africa’s multilateral lender, the African Export-Import Bank, aims to double its financing of intra-African trade from $20 billion in 2021 to $40 billion by 2026. This announcement was made by Haytham ElMaayergi, the bank’s Executive Vice President, Global Trade Bank, during the African Caucus Meeting …
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Buliisa, Uganda | THE INDEPENDENT | Centenary Bank, the largest commercial microfinance bank, recently opened a new branch in Buliisa district in western Uganda, expanding its network to 81 branches. This new branch aims to serve the broader community in Bunyoro region, which is experiencing a fast increase in economic activity …
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The price of cocoa hit a peak in April at $12,261 a tonne, having been about $3,000 in April 2023, but by this month the price of cocoa had dipped again to about $7,750. ANALYSIS | ANDREW TURNER | Chocolate bars could get smaller or have cheaper ingredients added as …
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