Kampala, Uganda | THE INDEPENDENT | On Feb.9, Link Bus Services responded to social media rumors suggesting that one of their drivers plying the Kampala – Fortportal – Kasese route had died. The company said, Nelson Olung, the driver felt unwell while at the wheel a place near Kyegegwa town on …
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Kampala, Uganda | THE INDEPENDENT | MultiChoice Uganda has reduced the price of the DStv decoder- only from Shs95,000 to an unbeatable Shs69,000. This special promotion is valid until March 31, 2024, providing an unparalleled opportunity for individuals and families to enjoy the world-class content offered by DStv. The limited-time offer …
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ADDIS ABABA, ETHIOPIA | Xinhua | While specialty coffee from Africa is gaining popularity among consumers across the world, officials of the African Fine Coffees Association (AFCA) have urged African coffee traders to boost value-added coffee export, and cease export of unprocessed coffee to the international market. The remark came …
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Kampala, Uganda | THE INDEPNDENT | On January 30, executives Huawei Technologies executives said, DigiTruck project, launched in October 2023 in the Teso Sub-region, had equipped over 1000 youth, women, Jua-kalis, and local district officers with digital skills, empowering them to engage in e-commerce. The skills have helped the beneficiaries to …
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Elegu, Uganda | THE INDEPENDENT | Activities at Arua city offices on Thursday came to a hold after a group of more than 200 hundred fishmongers stormed the office of the Resident City commissioner protesting the impounding of their fish. The fish mongers, who are mostly women threatened to strip naked …
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Uganda’s private sector constitute of about 90% SMEs generates over 75% of the GDP Kampala, Uganda | JULIUS BUSINGE | Uganda Development Bank, the country’s national Development Finance Institution, has signed a Loan Portfolio Guarantee agreement with the African Guarantee Fund (AGF), to scale up lending to SMEs, Women, Youth-affiliated businesses, …
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London, England | THE INDEPENDENT | Research from market research company Euromonitor International has forecast the GDP of Sub-Saharan Africa to double by the year 2040 from the 2022 figure of US$ 2 trillion to over USD 4.5 trillion. Euromonitor’s report, Sub-Saharan Africa: A Rising Economic Frontier, looked at the …
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KAMPALA, Uganda | Xinhua | Uganda maintained its fourth position with a score of 63 out of 28 countries surveyed in the Africa Financial Markets Index 2023. The Absa Group survey, released in Kampala, the capital of Uganda, Tuesday, said that Ugandan government bonds were added to the FTSE Frontier …
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Kampala, Uganda | THE INDEPENDENT | The Deposit Protection Fund (DPF) has completed the payment of individually protected depositors of the closed EFC Microfinance Uganda. Last month, the Bank of Uganda placed EFC Uganda Limited under liquidation, revoked its license, and ordered the winding up of its affairs, citing a …
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Kampala, Uganda | THE INDEPENDENT | Uganda Breweries Limited (UBL) has unveiled WhiteCap Crisp – a one of a kind premium beer with only 3% alcohol by volume (ABV), with no added sugar – making it the first light beer by ABV in the Ugandan market. The beer was …
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