Investors need to undertake research, invest with licensed and regulated firms and regularly monitor their investments Kampala, Uganda | JULIUS BUSINGE | Uganda’s Capital Markets Authority (CMA) seized the opportunity presented by the 7th World Investor Week, running from October 2 to 8, to educate investors on prudent investment management and …
Read More »
Kampala, Uganda | JULIUS BUSINGE | MTN Uganda together with several corporate entities is participating in a new programme – Advancing Women Entrepreneurs (AWE) aimed at supporting formal women-led enterprises to thrive. The AWE project aspires to usher in a new era of improved business ownership, enriched diversity, and enhanced equality …
Read More »
Kampala, Uganda | JULIUS BUSINGE | Mott Foundation has announced that it will soon unveil a USD$3 million initiative known as DREEM (Distributed Renewable Energy Ecosystem Model) for ecosystem builders within the AgriSolar economy. Speaking at an AgriSolar stakeholder workshop organized by the Innovation Village in Kampala on Oct.4, Robert Ddamulira, …
Read More »
However, more than three-quarters of the respondents are willing to recommend insurance in the future Kampala, Uganda | JULIUS BUSINGE | Uganda’s insurance industry survey released on Sept.26 during the 57th CEO breakfast meeting in Kampala has provided valuable insights on customer satisfaction levels. One central question, “are customers satisfied with …
Read More »
Kampala, Uganda | JULIUS BUSINGE | Innovations in different sectors of the economy will dominate this year’s 3rd National Science Week which is expected to take place from November 6 – 11 in Kampala, said Dr. Monica Musenero Masanza, the minister for Science, Technology & Innovation on Sept.27. A total of …
Read More »
The Fund is challenged to create more solutions that will further address social protection in line with the International Labour Organization Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund declared a 10% interest rate for savers for the fiscal year 2022/2023 compared to 9.65% the previous year but …
Read More »
The long-term bond yields recorded a decline compared to the previous financial year, with the 10-year bond yield decreasing from 15.6% to 14.7% Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund (NSSF) has recorded a 15% increase in revenue, reaching Shs2.2 trillion for the Financial Year ending June …
Read More »
The regulator’s focus is on expanding its customer base and increasing average spending in the insurance sector Kampala, Uganda | JULIUS BUSINGE | Uganda’s insurance sector has shown steady growth, with underwritten premiums increasing from Shs 711.6 billion in the second quarter of 2022 to Shs 828.9 billion in the second …
Read More »
The oil company records 20 million man-hours without lost time incidents Kampala, Uganda | JULIUS BUSINGE | TotalEnergies EP Uganda on September .12 achieved a significant safety milestone on the Tilenga project by completing 20 million man-hours without any Lost Time Incidents (LTI). An LTI is defined as a workplace injury …
Read More »
Companies remain optimistic about future output growth Kampala, Uganda | JULIUS BUSINGE | The monthly Stanbic Purchasing Managers’ Index (PMI) for Uganda dipped slightly in August, falling from 53.9 in July to 51.6, as businesses grappled with the implications of the World Bank’s suspension of further loans to the country. However, …
Read More »
The Independent Uganda: You get the Truth we Pay the Price