Thursday , November 14 2024

The Independent

Global tech giants in Africa AI gold rush

Multinationals are opening a new battle front to shape the development, use, and governance of artificial intelligence in Africa, as African countries rush to create their own AI policies. SPECIAL REPORT | BIRD AGENCY | Global technology giants including Microsoft, IBM, Huawei, Nvidia, and Google are lining up to tap …

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NCBA Bank Uganda, NFA move on environmental protection

     Kampala, Uganda | THE INDEPENDENT | NCBA Bank Uganda has marked a significant milestone in its journey towards environmental sustainability through a new partnership with the National Forestry Authority (NFA) aimed at planting 20,000 Trees in 2024 equivalent to 30 Hectares. The trees will be planted at Jubiya …

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COMESA and Fidelis set to train business leaders  

  Kampala, Uganda | JULIUS BUSINGE | COMESA Competition Commission (CCC) and Fidelis Leadership Institute (FLI) are set to start training programs in competition law, international trade, and consumer protection in June this year, officials said at the launch of the Competition Law & Consumer Protection Training event held in …

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DStv to go dish-less and wireless

Kampala, Uganda | THE INDEPENDENT | DStv is set to introduce ‘DStv Stream no dish no decoder’, a cutting-edge standalone streaming service. All one needs is a  Wi-Fi connection. Lois Kwikiriza, MultiChoice Uganda’s Head of Marketing said that by leading the next wave of digital entertainment, DStv is boosting viewer experiences by …

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Koreans hand UCI cancer equipment worth sh400 million

Kampala, Uganda | THE INDEPENDENT |  The Uganda Cancer Institute (UCI) has received cancer screening equipment worth Shillings 400 million, thanks to The Korean Foundation for International Health Care (KOFIH). This donation is particularly significant as Uganda faces a considerable burden of cancer, especially cervical cancer among women. Dr. James …

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SACCOs, MFIs put Uganda at risk by flouting anti-money laundering rules

Kampala, Uganda | THE INDEPENDENT |  The failure of Savings and Credit Co-operatives (SACCOs) and Microfinance Institutions (MFIs) to comply with Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) regulations poses a significant threat to Uganda’s financial integrity on the global stage. Despite being obligated to adhere to AML/CFT regulations like banks, …

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NCBA Bank profit after tax up 17% to Shs27bn

Kampala, Uganda | THE INDEPENDENT | NCBA Bank Uganda has reported a net profit of Shs27 billion, representing a 17% increase in 2023 from the previous year’s performance of Shs23 billion. The growth was supported by a surge in customer deposits, which rose to Shs567 billion in 2023 up from Shs491 …

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