Ham Serunjogi’s Chipper Cash targets expansion across Africa | THE INDEPENDENT | African fintech startup Chipper Cash is once again in the money markets news; this time for securing a US$30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal venture capital …
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Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA has promised to unveil the newly refurbished Old taxi park before the festive season. Eng. David Luymbazi, KCCA Deputy Executive Director told URN that they are very optimistic that the contractor will complete the work a week towards Christmas. “We have …
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Tororo, Uganda | THE INDEPENDENT | Tororo Broadcasting Network (TBN) has signed a €25,720 (Ush115million) deal with a European radio and TV manufacturing company to secure top of the range transmission and studio equipment. The co-chairman of the organizing committee finalizing the launch of the Tororo Broadcasting Network said he expects the …
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Kampala, Uganda | THE INDEPENDENT | Banking institutions have since April restructured loans with clients worth 6.7 Trillion Shillings after repayments were affected by the Covid-19 pandemic. Bank of Uganda in April 2020 granted permission to all banking institutions to provide credit relief through the restructuring of loans of both corporate …
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Bancassurance has recorded Shs52bn for the three quarters of this year ending Sep.30 Kampala, Uganda | ISAAC KHISA | Embedded insurance model is turning out to be one of the most viable options of selling insurance services to customers as the country strives to increase insurance coverage and deepen penetration. People …
Read More »Top executives at PSFU, Centenary Bank and NSSF share ideas Kampala, Uganda | JULIUS BUSINGE | These are tough times. New strategies have to be designed and implemented by business managers to achieve success during and post-COVID-19 era. This was the general message that came out of the speeches of …
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Discussions centres on how to finance local governments Kampala, Uganda | JULIUS BUSINGE | Optimal funding to local governments is key for the growth of local economies that feed into the national economy, according to David Bikhado Ofungi, the founder and chief executive officer of DERO and curator of the …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the National Economy Committee have proposed a visit to the construction site of the Uganda-DRC road project. Parliament recently passed expenditure of 200 Billion Shillings for constructing the 223 kilometres road connecting Uganda to DRC. Uganda signed a bilateral agreement with …
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Kampala, Uganda | THE INDEPENDENT | The Uganda police Force- UPF have suspended selling and buying of fuel in jerry-cans at all pumps until the end of elections. They say this is to curtail acts of making petrol bombs in the anticipated riots. This follows the protests that took place 2 …
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New York, US | Xinhua | The almost year-long COVID-19 pandemic is transforming the investment landscape, with multiple long-term trends picking up speed. And the world is set to become more digitalized, automated and sustainability-sensitive as life style and economy undergo profound changes, according to experts and investment advisors. DIGITALIZATION DEEPENS …
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The Independent Uganda: You get the Truth we Pay the Price