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In The Magazine

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Sugar price to drop further

Manufacturers cite increased imports and declining demand from foreign markets Kampala, Uganda | JULIUS BUSINGE | There is good news for Uganda’s sugar consumers in the coming months owed to the projected sugar in production volumes amidst increase in imports. Statistics from the Uganda Sugar Manufacturers Association (USMA), which consist …

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Stanbic set to open a business incubator in Kampala

Kampala, Uganda | THE INDEPENDENT | Uganda’s largest commercial bank, Stanbic, is set to open a business incubator to stir growth of small and medium enterprises countrywide. “The incubator will provide an enabling environment for SMEs to enhance their capacity, enabling their businesses to survive, operate successfully and grow,” Stanbic Bank …

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KQ to unveil flights to Mauritius

Kampala, Uganda | THE INDEPENDENT | Kenya’s national carrier, Kenya Airways, has announced plans to fly four times a week to Mauritius starting June, giving customers more options to travel to the Indian Ocean archipelago. The carrier said the new flight will also set it up to take advantage of traffic …

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After the Mengo Hospital deaths

New guidelines to regulate mushrooming free medical camps Kampala, Uganda | FLAVIA NASSAKA | As early as 9am on Feb.09, people had started gathering at Centenary Park. It was yet another ‘free medical camp’. Organized by the Mulago hospital based College of Health Sciences, people would at this camp get free …

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Sanlam opens doors for Uganda’s financial journalists.

Kampala, Uganda | THE INDEPENDENT | Introduced in 1974, Sanlam Awards for Excellence in financial journalism are now open to Ugandan journalists. The awards are the premier financial journalism awards in South Africa and have become a prestigious event and fiercely contested accolade. The company’s Chief Executive Officer for Uganda, Gary …

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DFCU becomes the 8th bank cleared to sale insurance

Kampala, Uganda | THE INDEPEDENT | DFCU bank has become the 8th bank to receive a certificate from the insurance regulator, Insurance Regulatory Authority (IRA-U) to start selling insurance products at its 67 branches countrywide. This is backed by the Financial Institutions Amendment Act 2016. During the handover ceremony at IRA …

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