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Tag Archives: investment

UDB’s investments create more than 400 new jobs

Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank’s investments resulted into the creation of more than 400 additional jobs, bringing the total to 51,841 last year, underscoring the lender’s contribution towards transforming people’s lives. According to UDB’s latest Development Impact Report, titled “Transforming Lives: The Role of UDB in Driving …

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Millennials and Gen Z prioritize impact investments

SPECIAL REPORT | THE INDEPENDENT | Almost 73% of Millennials and Generation Z demand that their investment portfolios include Environmental, Social, and Governance (ESG) criteria, according to a new global study conducted by one of the world’s largest independent financial and asset management organizations. Environmental, social, and governance (ESG), is …

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Gen. Muhoozi Army appointment good for investment

With the next presidential election barely two years away, confusion over the NRM candidate created unnecessary uncertainly COMMENT | PETER NYANZI | When President Yoweri Museveni on March 21 named his son, Gen. Muhoozi Kainerugaba, the top commander of the Army, a number of eyebrows were raised. However, for several reasons, …

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Investing in art

It is often considered an activity only for the wealthy. Karabo Morule would disagree SPECIAL REPORT | BIRD AGENCY | After leaving a career in banking, the actuarial graduate immersed herself in art investment and now works as an art advisor, guiding art lovers and investors at some of Africa’s biggest art …

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Time to repurpose local governments for fiscal resilience

Local governments shouldn’t be solely administrative but position their districts as strategic investment hubs COMMENT | WALTER AKENA | Local governments in Uganda have traditionally functioned as administrative entities, responsible for delivering public services to citizens within their jurisdictions. However, they have grappled with financial difficulties. Despite experiencing a minor rise …

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Inside Uganda’s industrial boom

Trade experts recognize progress made but express dissatisfaction with existing trade and investment policies Kampala, Uganda | ISAAC KHISA | In the late 1990s, the Ugandan government came up with the idea of establishing specialized zones dedicated to industries, commonly known as industrial and business parks, where local and foreign investors would …

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URSB targets 870, 500 businesses

Kampala, Uganda | THE INDEPENDENT | Uganda Registration Services Bureau, the national business registry, has this morning launched its mass business registration campaign aimed at promoting formalization among entrepreneurs and small business owners. In a news release shared today, the bureau said this initiative seeks to simplify the registration process, raise …

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Uganda-South Africa trade summit discusses value addition

Optimizing opportunities for trade in agriculture key to addressing balance of trade between Uganda and South Africa Kampala, Uganda | THE INDEPENDENT |  Day one of the Uganda-South Africa Trade and Investment Summit organized by the Government of Uganda, MTN Group, Absa Bank Uganda and various South African owned business entities …

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