The company plans to invest Shs 500 million in 25 projects countrywide Kampala, Uganda | THE INDEPENDENT | MTN Uganda, through the MTN Foundation has launched the second phase of the MTN Changemakers Initiative, a transformative program designed to drive positive social change across Uganda. This new phase will see an …
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Kampala, Uganda | THE INDEPENDENT | FINCA Uganda, a microfinance pioneer in Uganda has unveiled Janet Mudoola as its brand ambassador in a bid to further spread its financial and non-financial services to its clients. Mudoola was among the first customers served in the eastern district of Iganga by FINCA Uganda …
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Overcapacity is leading to soaring bankruptcies ANALYSIS | AGENCIES | Most news on China’s manufacturers is bad news for rivals around the world. Foreign governments fear their domestic champions will be pummelled by low-cost Chinese rivals. But on August 5th the world got a small reminder that China’s producers face big …
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Cairo, Egypt | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) and the Uganda Development Bank (UDB) have entered a deal aimed at boosting support to the private sector. The Joint Project Preparation Facility Framework Agreement will provide early project preparatory financing and technical support services to public and private sector …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s central bank reduced its key lending rate by 25 basis points to 10.00% on August.07, saying inflation risks had eased somewhat and it was appropriate to reduce the degree of monetary policy restrictiveness. The decision by the Bank of Uganda comes despite a slight …
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Technology has transformed lives of women fish traders, who were previously forced to offer sex, in exchange for fish on Lake Victoria SPECIAL REPORT | LAKE VICTORIA, KENYA | Along the shores of East Africa’s Lake Victoria, in Kenya, women fisherfolk including those known for being victims of sexual exploitation …
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Currently, 95% of households rely on wood or charcoal for cooking, contributing to deforestation and indoor pollution, which disproportionately affects women and children Kampala, Uganda | THE INDEPENDENT | The UK, in partnership with Uganda’s Ministry of Energy and Mineral Development, has unveiled a £5 million clean cooking programme designed to …
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The company’s service revenue surged by 20.4% to Shs 1.5 trillion, supported by an increase in mobile subscriber numbers, which now stand at 20.7 million. Kampala, Uganda | THE INDEPENDENT | MTN Uganda is set to pay shareholders an interim dividend of Shs 6.6 per share, amounting to Shs 147.8 billion, …
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Mbarara, Uganda | THE INDEPENDENT | Ankole traders have voiced concern about their limited knowledge of E-business, which they believe is hindering their growth and competitive edge compared to other traders across the country. Fred Kimbareba, the President of the Mbarara Small Manufacturers Association, expressed that E-business technology has not …
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Hoima, Uganda | THE INDEPENDENT | Farmers in Hoima district have been cautioned against compromising the quality of their coffee by ensuring that they do not harvest unripe coffee. Rosemary Mukonyezi, the regional coffee extension officer for Hoima sub-region said harvesting raw coffee not only affects the quality of the final …
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