Business

OPINION | Sunil Gupta | Rapid advances in digital technology are opening up new opportunities for economic growth and development in Africa. They enable new forms of enterprise to flourish despite historic gaps in economic infrastructure. This is as Africa continues to harness rapid technological advancements, which are unfolding at an unprecedented pace. …

Dubai, UAE | THE INDEPENDENT | Equity Bank Uganda  Managing Director Anthony Kituuka has delivered a keynote speech to the bank’s customers in Dubai about building a successful business back home.  This was at the Smart Minds Business Conference Friday at the Royal Pillar Events Auditorium. He will follow this with another talk at the 3rd …

  Kampala, Uganda | THE INDEPENDENT |  Uganda Baati Limited, a provider of building solutions, has embarked on a series of regional training sessions aimed at equipping fundis (builders) with up-to-date market trends and knowledge to enhance the value they offer their customers during construction. These trainings, targeting over 2,500 …

Kampala, Uganda | THE INDEPNDENT & URN | Makerere University Retirement Benefits Scheme (MURBS) has declared a record interest rate of 13.40% on members’ savings for the financial year 2023/2024. Dr. Elizabeth Patricia Nansubuga, Chairperson of the MURBS Board of Trustees, announced this while releasing the scheme’s performance report during …

OPINION | Julius Businge | In Uganda’s rapidly growing retail landscape, supermarkets like Carrefour, Quality Supermarket, Capital Shoppers, Fraine, and Mega Standard play a key role in promoting local businesses. Nakumatt, Uchumi, Tuskys (all Kenya-based), Game Stores, and Shoprite (South Africa-based) have in recent years quit the Ugandan market citing an unprofitable working …

  Equity Bank’s Managing Director off to Dubai to engage and serve customers Dubai, UAE | THE INDEPENDENT | Equity Bank Uganda will crown two weeks of close interaction with customers in Dubai with a visit Friday of their Managing Director Anthony Kituuka. Kituuka’s visit will start with a keynote address …

  COMMENT | Patricia Kishemeire |  The XVI BRICS October Kazan Declaration, underscores the emergence of new global power centers and a multipolar world order, offering significant opportunities for Uganda and Africa to reshape their global engagement. This shift represents a chance for African nations to reduce their dependence on traditional Western …

NEW YORK, the United States | Xinhua | Coca-Cola shares fell nearly 2 percent on Wednesday after the company reported weaker-than-expected third-quarter unit case volumes. The 2 percent decline in concentrate shipments, attributed to the timing of deliveries, led to an overall 1 percent year-over-year drop in unit case volumes. …

The country’s coffee export revenue has seen substantial growth, jumping from US$700 million in 2018 to US$1.4 billion in 2023 ANALYSIS | AGENCIES | Ethiopian Prime Minister, Abiy Ahmed has announced an impressive achievement of doubling Ethiopia’s annual coffee production from 500,000 tons to over 1 million tons within the last …

Kampala, Uganda | THE INDEPENDENT | On Friday, 18th October 2024, UAP Old Mutual Insurance received the prestigious resilience and sustainable impact award in the insurance category at the 3rd edition of the Corporate Governance Awards. The event, held at Sheraton Hotel, Kampala, was themed “Recognizing Resilience and Sustainable Impact.” Organized …