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Principal Judge: Repeat offenders don’t deserve bail

Kampala, Uganda | THE INDEPENDENT | The Principal Judge, Flavian Zeija, has called for stiffer laws and penalties for fraud offenses, especially for repeat offenders. Speaking at the Second Fraud Forum by the Uganda Bankers Association in Kampala, Justice Nzeija said fraudsters in Uganda found it easy to stay in …

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Afreximbank launches Capacity Development Program for corporates

Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, African Export-Import Bank has unveiled a capacity development program aimed at empowering African corporates to leverage the opportunities offered by the African Continental Free Trade Area (AfCFTA). This initiative, spearheaded by Afreximbank Academy (AFRACAD) in partnership with the AfCFTA Secretariat, is designed …

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UDB net profit up 17% to Shs50bn in 2023

               Kampala, Uganda | THE INDEPENDENT |  Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution and the Best Bank in East Africa 2024, has today announced its 2023 annual performance, highlighting its continued role in fostering economic resilience and sustainable growth across key sectors of the economy. In …

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FINCA MD urges on data usage

Kampala, Uganda | THE INDEPENDENT | James Onyutta, Managing Director, of FINCA Uganda, gathering data about customer preferences, market trends, and industry dynamics, can help businesses make decisions based on facts rather than assumptions or intuition. “Using research has opened our eyes to many opportunities and helped us solve numerous business …

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UBL, KCCA commission sanitation facility

Kampala, Uganda | THE INDEPENDENT | Uganda Breweries in partnership with the Kampala Capital City Authority (KCCA) has commissioned a Shs130m new sanitation block in Bukoto market, one of the suburbs of Kampala which currently has a population of about 500 people. This newly commissioned block is intended for use by …

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