Critics say shelving the proposed pension liberalization bill exposes the Shs 9 trillion fund to political and corporate governance risks Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund finally won the battle to retain its status as a mandatory scheme for all employees in informal and formal …
Read More »More than 300 graduate with accounting courses
Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda (ICPA-U) on March 09 graduated308 in various courses including Accounting Technicians (AT-U) and Certified Tax Advisor (CTA). ICPAU President, Protazio Begumisa (CPA)said during the graduation ceremony held at the Imperial Royale Hotel that the Institute maintains …
Read More »Listed firms told to increase women on their boards
Kampala, Uganda | THE INDEPENDENT | Uganda’s listed firms need to increase women on their boards to enhance inclusivity, according the Capital Markets Authority CEO Keith Kalyegira. Kelyegira, who spoke during this year’s International Women’s Day at the Uganda Securities Exchange under the theme ‘Women’s Role in Finance and Investment’ on …
Read More »MTN Uganda rebounds with Sh1.68 trillion revenue
Government move to stop telcos from selling SIM cards through agents could hurt the company’s revenue going forward Kampala, Uganda | ISAAC KHISA | MTN’s subsidiary in Uganda has recorded a surge in revenue for the year ended December 2017 amidst a sharp fall in subscriber base. The full year performance results …
Read More »IMF chief warns ‘no winners’ in trade wars
Buenos Aires, Argentina | AFP | International Monetary Fund chief Christine Lagarde cautioned the United States against putting up barriers to trade in an interview published Sunday. “Trade wars leave no winners,” she said in the interview with Argentine daily La Nacion, responding to a question about President Donald Trump’s …
Read More »DFCU trains women in business
Kampala, Uganda | THE INDEPENDENT | Record keeping, formalizing business, paying taxes, forming groups or networks are among the key issues that Dfcu Bank is engaging women in business to do if they are to succeed. Last week, the bank organized financial literacy sessions in Kampala, Mbale, Gulu and Mbarara where …
Read More »Shop cancels sale for 200 Apple gadgets after 11,000 people queue up
Kampala, Uganda | THE INDEPENDENT | A Malaysian re-seller of Apple products was recently forced to cancel its warehouse sale after 11,000 people lined up outside its store for a chance to buy one of only 200 discounted gadgets. The shop in Kuala Lumpur, was supposed to host a clearance …
Read More »TMEA to scale up women and trade programme
Kampala, Uganda | THE INDEPENDENT | TradeMark East Africa plans to scale up its women and trade programme to reach over 300,000 beneficiaries in the region in the next five years, according to the organization’s CEO, Frank Matsaert. Speaking during the recently concluded Trade and Development Forum in Kampala, Matsaert said …
Read More »Opportunity Bank wants to become One Stop Shop
Kampala, Uganda | JULIUS BUSINGE | In a bid to offer a wide range of products to its clientele, Opportunity Bank, which is currently categorized under a tier II category of banks, is engaging the regulator, the Bank of Uganda (BoU) on elevating its status to tier I to serve …
Read More »Uganda showcasing coffee, tea in Moscow expo
Moscow, Russia | THE INDEPENDENT | The Embassy of Uganda in Moscow in collaboration with the Uganda Coffee Development Authority are showcasing coffee at the Coffee and Tea Expo taking place March 15 to 17 in Moscow. Uganda Coffee Development Authority ( UCDA) is one of the major exhibitors at …
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