Kampala, Uganda | THE INDEPENDENT | The East African Community (EAC) Secretariat, in partnership with the EU- EAC CORE Programme, has held the inaugural Public-Private Dialogue (PPD) on Mobility of Business Persons in Kampala, Uganda. This landmark event, held September 11-12, convened public and private sector representatives, specifically immigration authorities …
Read More »EQUITY BANK: Bugolobi branch relocated, customers to get upgraded services
Equity Bank Relocates Bugolobi Branch to Enhance Customer Convenience and Experience Kampala, Uganda | THE INDEPENDENT | Equity Bank has relocated its supreme branch in Bugolobi to a more accessible and modern location as part of its commitment to improving service delivery for customers. The branch has moved from Luthuli …
Read More »Unlocking Africa’s economic potential through development finance
Harnessing institutions to build confidence, capital, and inclusive growth Kampala, Uganda | Julius Businge | Africa stands at a historic crossroads. For decades, the continent’s growth narrative has been tied to foreign aid and volatile international capital flows, leaving many of its economies vulnerable to global shocks and unsustainable debt cycles. …
Read More »Afreximbank posts profit gain, liquidity boost as leadership change looms
The Cairo-based trade finance institution announced on Sept.2 that its net income for the six months to June 30 rose to $412.7 million Kampala, Uganda | THE INDEPENDENT | African Export-Import Bank Group (Afreximbank) has reported a rise in first-half net income, supported by stronger income and higher liquidity buffers, …
Read More »Accountants urged to reinvent profession amid sustainability, insurance push
Entebbe, Uganda | Julius Businge | “Growth and comfort do not coexist,” declared Peter Kimbowa, delivering a wake-up call to nearly 2,000 accountants gathered in Entebbe for the 30th Annual Seminar of the Institute of Certified Public Accountants of Uganda (ICPAU) on day one – Sept.3. Kimbowa warned that Uganda’s accounting …
Read More »Insurers’ H1 premiums surge 9% to Shs 1trillion
Despite the upbeat numbers, structural weaknesses remain Kampala, Uganda | Julius Businge | Uganda’s insurance industry recorded a strong performance in the first half of 2025, with Gross Written Premiums (GWP) rising 9 per cent to Shs1.06 trillion compared with Shs933.76 billion in the same period a year earlier, according to …
Read More »Uganda Airlines limping but has potential – PAC report
Kampala, Uganda | THE INDEPENDENT | Uganda Airlines, often criticised for its heavy financial losses, still holds significant investment potential if strategic reforms are implemented, a new House report has revealed. The Public Accounts Committee on Commissions, Statutory Authorities and State Enterprises (PAC-COSASE) on the airline, has pointed out that …
Read More »Absa Bank Uganda concludes ‘Play Your Cards Right’ 2025 campaign, winners get sh120 million
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has today concluded a three-month “Play Your Cards Right” campaign with August and Grand Finale winners walking away with sh120m in cash prizes. Four winners for the month of August each won sh10m, while the two overall campaign winners each received …
Read More »I&M Bank campaign puts SMEs in the fast lane with pickup truck financing
Kampala, Uganda | THE INDEPENDENT | I&M Bank’s Tukikube ne I&M Bank campaign is gaining traction among small and medium- sized enterprises (SMEs), less than two months after its launch, with entrepreneurs already tapping into the bank’s flexible asset financing solutions. On Tuesday, the bank handed over a brand-new Mitsubishi pickup truck …
Read More »Premier Distilleries wins People’s Choice Award for Coffee Spirit Vodka
Kampala, Uganda | THE INDEPENDENT | Premier Distilleries Limited (PDL) has been named the 2025 People’s Choice Award winner in the Blended Alcohols category for its Coffee Spirit Flavoured Vodka. The recognition was announced during the People’s Choice Awards Gala Dinner held on August 29 at the Imperial Royale Hotel, officiated …
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