New law to facilitate trade and digital payment systems Kampala, Uganda | JULIUS BUSINGE | Fintech offers enormous opportunities such as improving service delivery, provision of employment opportunities and boosting financial inclusion for the unbanked to the developing economies. It is therefore important that the innovations are appreciated, according to …
Read More »dfcu’s new solution to the housing deficit
dfcu bank is one of the top financial institutions in Uganda offering home loans. Barbara Asiimwe has worked with the bank for close to 8 years, and currently heads its home unit. She spoke to The Independent’s Julius Businge about this topic. What is your general assessment about the …
Read More »Vivo Energy expansion
What is in for clients, government when fuel price is going up? Kampala, Uganda | JULIUS BUSINGE | Vivo Energy, the company that distributes and markets Shell and Engen branded fuels and lubricants to retail and commercial customers in Africa has expanded its countrywide network by adding 16 new service …
Read More »Fighting insurance fraud
Ibrahim Kaddunabbi and Allan Mafabi IRA boss tips sector executives on managing scams that could haunt performance Kampala, Uganda | JULIUS BUSINGE | Insurance companies must put in place feasible policies to manage fraud that could easily jeopardize their good performance. This is the summary of what Ibrahim Kaddunabbi …
Read More »Startups must embrace new technologies to flourish
Anthony Giannoumis is from Oslo Metropolitan University and Amit Patel is the Creative Director at the London based entrepreneurship firm (Experience Haus). They have accumulated 25 years as experience in matters enterprise development. Recently, they were in Uganda to offer counsel to young entrepreneurs camping at Kafeero Foundation and …
Read More »Agribusiness forum exposes opportunities
Wilberforce Kisamba-Mugerwa is an agricultural economist and board chairman of the Microfinance Support Centre. He also served as the Chairman of the National Planning Authority from 2008 to 2018. Victoria Sekitoleko is the current chairperson of Uganda Agribusiness Alliance (UAA) and former minister of agriculture. Kampala, Uganda | JULIUS BUSINGE …
Read More »Russia’s big move to Africa
What the Euro-Asian nation promised African countries at a historic summit in Sochi Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | One might have probably heard about Sochi, Russian city located on the Black Sea Coast near the border with Georgia, for co-hosting the 2018 FIFA World Cup. …
Read More »Growing tourism sector
UTB strengthens marketing and quality of service Kampala, Uganda | JULIUS BUSINGE | Uganda Tourism Board is gearing up regulating tourism facilities, travel agents and tourist guides countrywide to support growth of the sector. In an interview with The Independent on Oct.15 at Protea Hotel during the agency’s quarterly media …
Read More »Why banks won’t hurry to cut interest rates
Industry executives to respond to Mutebile’s call upon carefully evaluating their commitments with clients Kampala, Uganda | JULIUS BUSINGE | Commercial Bank top executives plan to respond to the central bank’s call to lower interest rates upon carefully analyzing their current loans and sector developments. The Bank of Uganda Governor, …
Read More »New kids in banking
Industry experts foresee a competitive, innovative and technology driven sector Kampala, Uganda | JULIUS BUSINGE | Rivalry in Uganda’s banking sector is expected to tighten following the central bank’s decision to grant two entities licenses to start banking business. These are Afriland First Bank Uganda Limited, a Cameroonian …
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