Business

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 …

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 …

               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 …

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 …

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 …

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 …

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 …

Kampala, Uganda | THE INDEPENDENT | Ugandans seeking employment in the oil refinery in the Albertine Graben need to be patient as the negotiations go on. State Minister for Energy, Okasaai Opolot says Ugandans will get jobs during and after the construction of the refinery. The government of Uganda plans to …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has thrown his weight behind medium and small financial sector players demanding a one stop regulation centre, saying that multiple centres lead to confusion in which gullible Ugandans may be abused and exploited. The President whose message was delivered by the …

Busia, Uganda | THE INDEPENDENT | The East African Community (EAC) together with the governments of Kenya and Uganda are in the process of upgrading the Lwakhakha border post on the common border between the two Partner States into a One-Stop Border Post (OSBP) as part of efforts to reduce …