The bank’s low-cost payment solution, FlexiPay, now boasts over 900,000 clients and is gaining traction in both transaction numbers and volumes Kampala, Uganda | THE INDEPENDENT | Stanbic Holdings Uganda Ltd (SUHL) recorded 17.6% growth in profit after tax to Shs 235.5 billion for the first half of 2024 on the …
Read More »Multichoice Talent Factory 2025 calls for entries
MTF’s curriculum is built on a hands-on approach, complemented by mentorship from industry experts Kampala, Uganda | THE INDPENDENT | MultiChoice Talent Factory (MTF) is now accepting applications for its 2025 fully funded academic program, extending an opportunity to aspiring filmmakers, scriptwriters, producers, and storytellers across Africa. The application is open …
Read More »Cheaper data beckons in Africa as satellite internet roll-out intensifies
Africa’s data market is experiencing a reset, with the aggressive rollout of satellite internet and intense competition promising faster and cheaper services, including markets with some of the world’s most expensive data plans. SPECIAL REPORT | BIRD AGENCY | A year after the introduction of commercial-scale satellite internet by Elon …
Read More »Kampala property market sees shift toward short-term rentals
The developers in prime areas like Nakasero and Kololo have responded to these market dynamics by replacing older, detached houses with modern apartment blocks Kampala, Uganda | THE INDEPENDENT | Kampala’s property market is undergoing significant changes as property owners increasingly shift their tenancy preferences from long-term leases to short stays, …
Read More »72 wells successfully drilled ahead of 1st oil production
KAMPALA, Uganda | Xinhua | Uganda said 72 oil wells in its two production areas in the country’s western and northern regions have been successfully drilled ahead of commercial production slated for next year. Ruth Nankabirwa, minister of energy and mineral development, told journalists on Wednesday during a press conference …
Read More »Absa Group reports interim profit as South African retail portfolio improves
Johannesburg, South Africa | THE INDEPENDENT | Absa Group reported headline earnings of R10.2 billion for the first half of 2024 and said it expects an improvement in second-half Group performance as its South African retail businesses demonstrated earnings growth across the portfolio in the first six months of the year. …
Read More »PICTORIAL: Laga Swagga Campaign ignites Masaka with fun and excitement
Masaka, Uganda | THE INDEPENDENT | Masaka was buzzing with energy over the weekend as revellers joined in on the Laga Swagga activation, a highlight of UBL’s nationwide campaign aimed at rewarding loyal consumers of iconic brands like Uganda Waragi Premium, Coconut, Lemon and Ginger, V&A, Bond 7, and Gilbeys. …
Read More »NCBA rewards partners for outstanding contributions in asset financing
Kampala, Uganda | THE INDEPENDENT | Corporate banker, NCBA Uganda has honored its key partners in asset financing, acknowledging their pivotal role in driving regional infrastructure development and growth. The event at the 4 Points by Sheraton Kampala celebrated the collaborative efforts that have significantly advanced the automotive sector and beyond, …
Read More »110 certified to drive Heavy Goods Vehicles for oil and gas
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 …
Read More »UBL gives Pilsner Lager lovers an early Christmas
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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