Kampala, Uganda | JULIUS BUSINGE | Mr. Martin A. Nsubuga is the Acting Chief Executive Officer (CEO) at the Uganda Retirement Benefits Regulatory Authority (URBRA). He takes up the position with a wealth of experience to ensure that the gains of the past five years are sustained. He is concurrently serving …
Read More »Sh250 billion fund to lift youth out of poverty
Four years later, Youth Livelihood Programmeimplementers assess its impact Kampala, Uganda | HAGGAI MATSIKO | A business venture by a group of eleven youth in Katebe Village, Kamwenge district is thriving after they got a Shs 7.7 million interest free loan in 2015 from the Youth Livelihood Programme (YLP); a …
Read More »Dirty secrets of Sh200 billion Crane Bank sale
Documents leak in Bagyenda, Mutebile fight Kampala, Uganda |HAGGAI MATSIKO | An unprecedented revolt which happened recently at Bank of Uganda against the Governor Tumusiime Mutebile, has led to a spilling of the central bank’s darkest secrets and could potentially damage its reputation and hurt the economy. At its centre …
Read More »UBL sinks Shs205m in L. Victoria tree project
Kampala, Uganda | THE INDEPENDENT | Beer Maker, Uganda Breweries Limited in partnership with the National Forestry Authority (NFA) and Rotary Uganda is extending Shs 205 million towards a five year tree planting initiative aimed at restoring forest cover within Lake Victoria catchment areas covering over 200 hectares. While handing over …
Read More »DFCU courts NGOs
Kampala, Uganda | THE INDEPENDENT | Under its NGO Proposition component, DFCU bank is reaching out to non-governmental organizations with several products. Speaking to over 150 NGO representatives operating in Uganda on March 16 in Kampala, the Bank’s Chief of Business and Executive Director, William Ssekambe, said NGOs need to look …
Read More »UCC’s evaluation report on MTN Uganda Ltd 1998-2018
Kampala, Uganda | Ahead of a public hearing Monday of MTN Uganda Ltd’s request to renew its license, Uganda Communications Commission (UCC) has released an evaluation report of the telecom complany for the period 1998-2018. In the report, regulators UCC has conducted an assessment of the extent to which MTN …
Read More »Bar installs alarm system on beer glasses to stop thieves
Kampala, Uganda | THE INDEPENDENT | The Beer Wall, a popular bar in Bruges, Belgium, has recently installed alarm sensors on all of its beer glasses as well as a scanner at the entrance, in order to deter patrons from stealing them. All of the roughly 1,600 Belgian beers sold …
Read More »Airtel boosts the 2018 Kabaka run
Kampala, Uganda | THE INDEPENDENT | Once again, Airtel Uganda and Buganda Kingdom have entered into partnering to hold the 2018 Kabaka Birthday Run. The proceeds from the event, slated for April 08, 2018, at Bulange Mengo, will go towards fighting sickle cell disease. Launching the event kits in Mengo on …
Read More »KCB Uganda to sponsor 30 SMEs for a business tour
Kampala, Uganda | THE INDEPENDENT | KCB Bank Uganda will sponsor 30 local entrepreneurs for a business trip to Germany and Turkey in an effort to support the growth of Small and Medium Enterprises, according to its Managing Director, Joram Kiarie. “At KCB Bank Uganda, we are aware that one of …
Read More »$1bn World Bank loan to help I.Coast end raw deal on cocoa, cashews
Abidjan, Ivory Coast | AFP | The World Bank will provide Ivory Coast $1 billion for development, in particular to help it get more value out of its agricultural exports, a top official for the bank’s Africa region has said. Of that figure, $300 million would be set aside for the …
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