Business

Kampala, Uganda | THE INDEPENDENT | Uganda is undertaking a highly controversial oil project amidst fears of likely adverse environmental effects. The debate is far from ending as the clock ticks to the first oil 2025. Will the government honor its pledge to sustainably exploit the resources? The debate has rotated …

Step one – start right away ANALYSIS | BOMIKAZI  ZEKA | Planning for retirement is important because it will help you build the nest egg you’ll need to financially sustain your retirement years. Past studies have shown that those who plan for their retirement are more likely to be better …

Kampala, Uganda | THE INDEPENDENT | NCBA Bank Uganda has partnered with MTN Uganda to launch a new mobile loan initiative dubbed Mo Money with More Mokash campaign. The campaign is aimed at empowering individuals with better access to micro-loans and savings. The partnership is the latest development in the growing …

NAIROBI, Kenya | Xinhua | Irene Wairimu has been selling cereals for the past 10 years along the 84-km Kenol-Sagana-Marua Highway, which links Nairobi, Kenya’s capital, to the agriculturally rich central region. Before its upgrade to a four-lane dual highway, it was a congested two-lane road that travelers often avoided. …

KAMPALA, Uganda | Xinhua | Every morning, Sheeba Kwagala and her colleague head to a sanctuary in the Ugandan capital of Kampala to mash agricultural waste, mainly banana peels and crop residues, with molasses and clay to make briquettes. Briquettes, a type of renewable energy source and a form of …

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has opted to keep the Central Bank Rate at a high 10.25 per cent for the next two months, following a renewed rise in inflation. The CBR is an indicative interest rate that the Central Bank uses to influence the cost …

The government is committed to investing in the population through various vehicles including the Parish Development Model Kampala, Uganda | THE INDEPENDENT | Uganda’s government, in collaboration with development partners, has long focused on wealth creation initiatives among the population. However, Finance Minister Matia Kasaija believes these efforts can achieve significantly …

Light up and power Africa, feed Africa, industrialize Africa, integrate Africa and improve the quality of life are the Bank’s High 5 operational priorities Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, African Development Bank Group, will boost its financing capacity by over 70 billion USD as it unveils a …

Initiative to be theme of the annual bankers’ conference Kampala, Uganda | IAN KATUSIIME | The Uganda Bankers Association has launched the Environmental, Social and Governance framework to join a global phenomenon that companies have adopted to boost their sustainability and development impact. During the launch that took place at …

Equity Bank and Church of Uganda celebrate successful payment of Church House loan Kampala, Uganda | THE INDEPENDENT | Church of Uganda has recognised Equity Bank for playing a key role in completion of Janani Luwum Church House in Kampala. “I want to announce here that the Church House is now fully …