Business

Kampala, Uganda | THE INDEPENDENT | Ugandan unit trust scheme, XENO Investment Management Limited, is eyeing the Kenyan market with its online platform to tap into the country’s retail investors. Launched in 2017, XENO executives said XENO Kenya received all the regulatory approvals to set up operations. “This year marks our …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda, in continued partnership with Tooro Kingdom, has launched the highly anticipated third edition of the Tooro Kingdom MTN Amasaza Cup. Building upon the success of previous years, this tournament aims to promote healthy living, sports development, and raise awareness about HIV/AIDS within the …

SPECIAL REPORT | THE INDEPENDENT | The UN Secretary-General, António Guterres on Friday announced a group of experts to develop a set of global common and voluntary principles to safeguard environmental and social standards and embed justice, in the energy transition. A statement said António Guterres is leveraging the United Nations’ …

Ottawa, Canada | THE INDEPENDENT | Negotiators from about 175 countries are meeting in the Canadian Capital Ottawa to forge an international treaty to regulate plastics. The conference in Canada is the fourth in the round of negotiations since the governments backed by scientific evidence agreed to develop an international treaty to …

Jinja, Uganda | THE INDEPENDENT | Business came to a standstill in sections of Jinja city’s industrial area after five trucks got stuck at different points along Factory Street, in Masese ward, in the southern division. This follows heavy rains, which filled up giant existing potholes, that drivers accidently drove …

SPECIAL REPORT | THE INDEPENDENT | The world’s electric car fleet continues to grow strongly, with 2024 sales set to reach 17 million. Despite near-term challenges in some markets, based on today’s policy settings, almost 1 in 3 cars on the roads in China by 2030 is set to be electric, …

Kampala, Uganda | THE INDEPENDENT |  Uganda Baati has launched its 60th anniversary campaign at a media event held in Kampala today. Founded in 1964, Uganda Baati has been at the forefront of the steel manufacturing industry, introducing numerous advancements and achieving many firsts in Uganda and the region. It …

Kampala, Uganda | THE INDEPENDENT | Centenary Bank, together with its subsidiary, Centenary Foundation have announced their platinum sponsorship of sh300million, for the 2024 edition of the Rotary Cancer Run. During the official launch of the 13th Rotary Cancer Run, Anita Among, Speaker of Parliament and chief guest praised the collaborative …

    Ingah Kutesa moves to secure labour export deal with Oman Muscat, Oman  | THE INDEPENDENT |  Uganda is set to sign an official deal with Oman to streamline its labour export business. Year-long negotiations have resulted in a visit early this week to Muscat by Minister of State of …

    Kampala, Uganda | THE INDEPENDENT |  The Private Sector Foundation Uganda (PSFU), the apex body of the private sector in Uganda together with the Mastercard Foundation today released two reports on capacity utilization and cost center analysis of manufacturing firms in the country, at a one-day dissemination workshop, at Kampala …