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. …
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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 …
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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 …
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Climate change is impeding access to necessities: water, power, food, and education but these challenges also offer opportunities for those with an entrepreneurial mindset ANALYSIS | TONY O. ELUMELU | I am a proud Nigerian and a proud African. I am also a philanthropist and entrepreneur—and I have seen firsthand that …
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Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda, the company that distributes and markets Shell-branded fuels and lubricants in Uganda, has unveiled its ‘Simbula ne Rimula R3X’ campaign. This initiative is targeted at heavy-duty diesel-powered engine vehicles, including taxis, lorries, trucks, and buses with older engines. The campaign introduces …
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Equity Bank and Confederation of Indian Industries launch the India-Uganda trade mission to boost bilateral trade and investment opportunities 🟥DAY 1⃣ 🇺🇬🇮🇳 ✳️ Kampala Serena Hotel • The India-Uganda Trade Mission is a pivotal step in enhancing bilateral trade and investment opportunities between Uganda and India. • Key sectors such …
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BERLIN | Xinhua | Dutch semiconductor equipment maker ASML lost up to 60 billion euros (65.25 billion U.S. dollars) after its shares plummeted over 20 percent in just two days this week, primarily due to lower-than-expected 2025 sales and bookings. The company is feeling the pinch of U.S.-induced geopolitical tensions, …
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The need to sell tickets beyond Nairobi might incline the Indian carriers to engage Uganda Airlines as a partner for onward lift ANALYSIS | AGENCIES | Nairobi is fast emerging as a mini-hub in the Africa-Asia connector market, as several airlines launch flights to East Africa’s business hub. Air India, …
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African brands must focus on visibility, accessibility, and quality improvement Kampala, Uganda | PATICIA AKANKWATSA | Sixty-five percent of Ugandans have confidence in their local brands, but only 35% consume them, according to the latest Brand Africa survey, highlighting a significant gap between trust and purchase behavior. This pattern mirrors broader …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Microfinance Regulatory Authority (UMRA) and PostBank Uganda on 21st October 2024 signed a Memorandum of Understanding (MoU) to initiate a collaboration aimed at digitizing the operations of tier IV Microfinance Institutions through PostBank’s Wendi mobile wallet, so that the last mile beneficiary can …
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The Independent Uganda: You get the Truth we Pay the Price
