Kampala, Uganda | THE INDEPENDENT | CFAO Mobility Uganda has unveiled the latest addition to the Toyota Land Cruiser family, the All-New Land Cruiser Prado “250 series”. According to a statment from CFAO, “This model, which marks a significant milestone in the evolution of the iconic Land Cruiser, is designed …
Read More »PostBank prepares150 Arua farmers to tap into East African market
Farmers in Arua Gain Value Addition Skills Under s Agri-SME Skills Development Programme Arua, Uganda | THE INDEPENDENT | To enable them explore trade opportunities across the region, more than 150 cassava farmers and SMEs involved in different stages of the value chain in Arua District have gone through …
Read More »Enhance capabilities to capitalise on oil and gas sector opportunities, SMEs told
The government has raised the budget allocation for the extractive sector by 92% to Shs961 billion for this financial year Kampala, Uganda | THE INDEPENDENT | Small and Medium Enterprises (SMEs) have been encouraged to bolster their operational capabilities to fully leverage opportunities within the oil and gas sector. This call …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Forty university students picked for new Equity Bank Uganda innovation hub
Kampala, Uganda | THE INDEPENDENT | Forty of the best university students in Uganda are set to start a six-month incubation program to enhance their technology, innovation and managment skills courtesy of Equity Bank Uganda. The students are set to embark on transformative training and mentorship at the newly launched Equity …
Read More »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 …
Read More »Uganda Airlines steps up competition with new flights
The airline has announced Abuja, Lusaka and Harare as new flight destination effective September this year Kampala, Uganda | THE INDEPENDENT | Uganda Airlines is stepping up competition against Ethiopian Airlines, Kenya Airways, and RwandAir with the launch of new flights to Abuja in Nigeria, Lusaka in Zambia, and Harare in …
Read More »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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