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 …
Read More »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 …
Read More »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 …
Read More »Make policies predictable for investment growth in manufacturing
COMMENT | GEORGE ORODI | As a young graduate, when I was being introduced into the circles of trade and tax, my CEO then, Kaushik Shah made me attend some of the key meetings at the Kenya Association of Manufacturers and I would later grow to chair a sub-committee on regional trading bloc configuration and a member of …
Read More »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 …
Read More »Vivo Energy Uganda reaffirms Pearl of Africa Uganda Rally title sponsorship
Kampala, Uganda | THE INDEPENDENT | Vivo Energy Ugand has announced its continued partnership as the title sponsor of the Shell V-Power Annual Pearl of Africa Uganda Rally, scheduled to take place from 10th to 12th May 2024 in Jinja. The company, a, the marketer and distributor of Shell-branded fuels and …
Read More »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 …
Read More »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, …
Read More »ATMIS honours Ugandan soldiers for distinguished service in Somalia
Mogadishu,Somalia | THE INDEPENDENT | The African Union Transition Mission in Somalia (ATMIS) has paid glowing tribute to the Uganda People’s Defence Forces (UPDF) for their contributions and exemplary service in promoting security and stability in Somalia. At a ceremony held at the UPDF Headquarters in Sector One, Mogadishu …
Read More »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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