Business

Kampala, Uganda | THE INDEPENDENT | On May 24, NCBA Bank Uganda opened a new branch in the Namanve Industrial Business Park. Developed by the Uganda Investment Authority, Namanve Industrial Business Park is a thriving hub for manufacturers and home to some of the largest manufacturing firms including Coca-Cola and Rwenzori …

Kampala, Uganda | THE INDEPENDENT | TotalEnergies EP Uganda has reinforced its commitment to creating more opportunities for young people in Uganda to continue making meaningful contributions to their communities. The commitment was made during the company’s commemoration of its over 10 years of Youth Inclusion and Education Initiatives in …

The telecom company paid Shs1.1 trillion to URA in tax revenues compared to Shs 927bn in the previous year as a contribution to the country’s fiscal and economic development goals Kampala, Uganda | THE INDEPENDENT | MTN Uganda is set to pay a record dividend of Shs 403 billion to …

Experts urge authorities to unlock financial and regulatory opportunities to drive growth Dar es Salaam, Tanzania | JULIUS BUSINGE | Uganda and Tanzania’s public and private sectors must address gaps in mining activities to create opportunities aligned with their development plans. Speaking at the 2nd Uganda-Tanzania Business Forum, held in Dar …

Wakiso, Uganda | THE INDEPENDENT | Women have another cause to smile as the World Bank moves to facilitate those in business to help them leap to another level. The US $ 217 million (about Ug shs 900billion) five-year GROW Project will among other things skill women engaged in business before …

DAR ES SALAAM, Tanzania| Xinhua | Tanzania is ready to bolster efforts to enhance cooperation with Uganda in implementing the two countries’ industrialization drive, a Tanzanian official said Sunday. The governments of Tanzania and Uganda agreed to collaborate on implementing the two countries’ industrialization drive on Friday evening when they …

Kampala, Uganda | THE INDEPENDENT | Buganda kingdom has unveiled an online platform to enhance tourism within the kingdom. The web portal, visitbuganda.com, serves as an online marketplace where all tourism-related services can be accessed. It also showcases the various tourism attractions that Buganda has to offer to the world. The …

The telecom company paid Shs1.1 trillion to URA in tax revenues compared to Shs 927bn in the previous year as a contribution to the country’s fiscal and economic development goals Kampala, Uganda | THE INDEPENDENT | MTN Uganda shareholder are set to earn a record dividend of Shs 403 billion for …

Kampala, Uganda | THE INDEPENDENT | The newly elected executive of the Uganda Bankers Association (UBA) will prioritize matters of Environmental, Social, and Governance (ESG) to enhance the sector’s responsibility to society, its customers, and stakeholders. “We are living in an era where business sustainability is a priority,” said Julius …

Kampala, Uganda | THE INDEPENDENT | The Central Bank has allayed fears that some banks are at risk of failing due to the recent tightening of regulatory requirements, saying that currently, all regulated financial institutions are stable. Speaking at the opening of NCBA bank’s fifth branch in the country at Namanve Industrial …