Kampala, Uganda | JULIUS BUSINGE | Africa Risk Management and Compliance Partners (ARMC) has unveiled the E-Learning Hub Tool, an innovative platform designed to enhance training on combating money laundering, terrorism financing, and proliferation financing. The tool, launched during a workshop in Kampala on November 15, allows organizations to deliver flexible, …
Read More »MTN Uganda records 29.6% surge in profits to Shs 460bn in 9 months
This strong performance allowed MTN Uganda to declare a second interim dividend of Shs 7.5 per share Kampala, Uganda | THE INDEPENDENT | MTN Uganda has recorded a significant 29.6% increase in profit after tax, reaching Shs 459.4 billion for the nine months ending September 30, 2024. The robust growth is …
Read More »Stanbic PMI shows good business in October
Kampala, Uganda | THE INDEPENDENT | The latest Stanbic Purchasing Managers’ Index (PMI) data reveals a sustained expansion in Uganda’s private sector for the seventh consecutive month, as business activity and new orders continue to rise. The headline PMI for October recorded a value of 52.9, slightly down from September’s, yet …
Read More »Uganda as a Business: Are we unintentionally shaped by colonial legacy?
COMMENTS | Gertrude Kamya Othieno | On Uganda’s recent Independence Day, I had a thought-provoking conversation with a young Uber driver. When I asked him how he felt about celebrating Independence Day, he replied, “Uganda feels more like a business than a home.” His sentiment was not one of detachment from his …
Read More »Brand Africa survey: We trust our local brands but prefer foreign ones
African brands must focus on visibility, accessibility, and quality improvement Kampala, Uganda | PATICIA AKANKWATSA | Sixty-five percent of Ugandans have confidence in their local brands, but only 35% consume them, according to the latest Brand Africa survey, highlighting a significant gap between trust and purchase behavior. This pattern mirrors broader …
Read More »Embrace digitalization for enhanced efficiency, SACCOs told
Kampala, Uganda | THE INDEPENDENT | Savings and Credit Cooperatives (SACCOs) have been urged to adopt digitalization to improve operational efficiency and attract financial support. This call was made during the launch of a training program for SACCO leaders from the Kampala Metropolitan districts at the Stanbic Incubator offices in Kololo. …
Read More »OPINION: Building a successful side business without sacrificing your career
OPINION | Emelyne Bitanga | Juggling a side business and a full-time career can seem like an impossible task. However, many professionals are proving that this ambitious endeavor is not only achievable but also incredibly rewarding. While a career often involves working for an organization to build skills, climb the corporate ladder, …
Read More »MTN Uganda Strengthens Leadership Team with Key Appointments
Kampala, Uganda | THE INDEPENDENT | In a strategic move aimed at enhancing operational capabilities and driving growth, MTN Uganda has announced the appointment of three distinguished leaders to its executive team: Thomas Motlepa as Chief Technology & Information Officer (CTIO), Franklin Ocharo as General Manager of Growth & New Business, …
Read More »dfcu new era for women in business
Kampala, Uganda | THE INDEPENDENT | On Sept.23, dfcu Bank rolled out its GROW initiative to traders in Owino, downtown Kampala, marking a significant step forward in empowering Uganda’s women entrepreneurs. Owino, a bustling hub for commerce in Kampala, is home to thousands of traders, many of whom are women striving …
Read More »An Exposure to the Business of Art
ART | DOMINIC MUWANGUZI | Aaron Wasala fresh from graduating from art school, began exhibiting his artwork in galleries around Kampala. This was not hard because naturally he had a good talent in painting that earned him a good reception among several gallerists. Years later, Wasala is still regarded as an …
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