There are alleged individuals and firms purporting to be investment advisors, fund managers and pyramid schemes with intend to defraud investors Kampala, Uganda | JULIUS BUSINGE | Investor education and protection, sustainable financing and product diversification in the equity market are among the key issues that emerged during the events …

Kampala, Uganda | THE INDEPENDENT | Kenyan national Oloo Jared Akumu, is set to spend the next two years in jail for stalking the Director of Public Prosecutions, Jane Frances Abodo. The Utilities and Wildlife Court Chief Magistrate, Gladys Kamasanyu sentenced Akumu on Tuesday after finding him guilty of stalking and …

The cost of internet and infrastructure remains a big challenge to the telecom | THE INDEPENDENT | On October 4, Sylvia Mulinge took over as Chief Executive Officer at MTN Uganda, succeeding Wim Vanhelleputte, who assumed a new role in the West African market, a move that makes her the …

Nairobi, Kenya | Xinhua | Kenya’s apex bank on Tuesday announced the successful separation of telecommunications and mobile money business of the country’s second-largest telecom, Airtel Kenya, a first in the east African nation. The Central Bank of Kenya (CBK) said it had welcomed the milestone done by Airtel Networks Kenya …

Lira, Uganda | THE INDEPENDENT | Bongobongo Uganda advocates responsible gaming and seeks to extend its corporate social responsibility (CSR) over the coming months and years, to ensure that sports betting and online gaming remain socially responsible and fun activities. “As part of our corporate social responsibility activities that coincide with …

Uganda’s Owen Falls hydropower plant has a rich history that predates the country’s independence in 1962. The plant is located across the White Nile and sits between the towns of Jinja and Njeru on the shores of Lake Victoria. It is about 85 kilometres east of Kampala. | JOHN MUKUM …

Kampala, Uganda | THE INDEPENDENT | The Buganda Parliamentary Caucus is not opposed to value addition of coffee, but rather wants fair competition that will allow Ugandans to take up the task, the caucus chairperson, Muwanga Kivumbi has revealed. He was making a rejoinder to President Yoweri Kaguta Museveni’s statement …

Kampala, Uganda | THE INDEPENDENT |  Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding  from existing shareholders led by Partech and two new investors, including Women’s World Banking. The new investors add to the diversity of Tugende’s shareholding …

Kampala, Uganda | THE INDEPENDENT | Uganda is unable to enforce the death penalty in compliance with international standards which seek to protect the respect and dignity of accused persons. This assessment was pronounced by Doreen Namyalo, the Sub-Saharan Africa Director of Penal Reforms International, a non-governmental organisation working globally to …

Mubende, Uganda | THE INDEPENDENT | Security has rounded up 15 people in Kiruma sub county, Mubende district and taken them to the Ebola isolation center for screening and testing. The 15 are said to be members of the same family who had close contact with a deceased, but had resisted …