Business

Kampala, Uganda | THE INDEPENDENT | Ecobank Uganda bid farewell to its esteemed Board Chairman, Elias Kasozi Byekwaso, celebrating his outstanding leadership and enduring legacy. The farewell activities culminated in a high-profile dinner at the Pearl Restaurant, Serena Hotel, Kampala, attended by board members, staff, and stakeholders. A distinguished economist and …

KAMPALA, UGANDA | THE INDEPENDENT | Milk processor, Brookside Limited has emerged as a standout performer at the prestigious East African Community (EAC) Quality Awards, clinching the Product of the Year title for its ‘Dairy Best’ brand. The company also secured the position of First Runner-Up in the Best Company of …

Kampala, Uganda | THE INDEPENDENT | The Uganda Marketing Excellence Awards (UMEAS) have announced this year’s finalists that will tussle for the gold standard of Marketing, at the fourth instalment of the UMEAS, slated for next Friday- December 13th, at the Kampala Serena Hotel. This year’s UMEAS nominees were announced by …

Award won for pioneering fruit preservation technology;  Innovative nanotechnology solution helps reduce food loss, supports farmers, and promotes sustainable agriculture Rome | THE INDEPENDENT |  Freza Nanotech Limited, a startup from Uganda, has won the 2024 Food and Agriculture Organization of the United Nations (FAO) Innovation Award for developing a groundbreaking nanotechnology-based solution that …

Kampala, Uganda | THE INDPENDENT | Hapag-Lloyd has opened its new office in the city of Kampala, the capital of Uganda. Strategically situated, Uganda provides excellent connections to five neighboring countries in East and Central Africa. “With a population of around 50 million, the country has become an attractive market …

Kampala, Uganda | THE INDEPENDENT | Teams from CoCreate Advertising were outstanding in the just concluded Young Silverback Competition, with Team Mind Craft (Jeremiah Muwanguzi and Benjamin Muwanguzi) and Team Routz (Catherine Kemigisha and Daniel Atuhairwe) emerging victorious in the Design and Film categories, respectively. The Young Silverback Competition, an extension …

The project’s strategic location in Kisumu, at the heart of the Great Lakes Region gives it access to markets in Kenya, Uganda, Tanzania, DR Congo, Rwanda, Burundi and South Sudan Kisumu, Kenya | THE INDEPENDENT | Africa’s multi-lateral lender, African Export-Import Bank and Kenya-based Med Aditus Pharmaceutical Kenya Limited (Med Aditus) …

However, stakeholders emphasize the need to tackle challenges in taxation, technology, and skills development to unlock the sector’s full potential Kampala, Uganda | JULIUS BUSINGE | Uganda’s oil and gas industry is reshaping the nation’s economy, presenting unparalleled opportunities for local businesses and individuals. However, stakeholders emphasize the need to tackle …

Kampala, Uganda | THE INDEPENDENT | Uganda’s retirement benefits sector is now worth sh25.40 Trillion, an 18.6% increment from UGX21.4 trillion in 2023. According to the latest figures by the Uganda Retirement Benefit regulatory Authority (URBRA), the sector’s contribution to the national GDP has grown to 12.2%, up from  10% …

Kampala, Uganda | THE INDEPENDENT  | Outgoing Absa Bank Uganda Board Chairperson Nadine Byarugaba has been hailed for safely steering the bank during the unprecedented times of the COVID-19 pandemic that affected most sectors of Uganda’s economy. “It was through her strategic vision, business acumen, and commitment to excellence that …