NAIROBI, KENYA | Xinhua | On the bustling streets of Nairobi, the green glow of the M-Pesa (a mobile money platform) logo is inescapable, from high-end hotels to street vendors. In some tourist hotspots, signs declaring “No Cash” highlight a striking shift: over 90 percent of adults in the East …
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Kampala, Uganda | THE INDEPENDENT | Watu Uganda, an asset financier, has become the latest financial institution in Africa to receive an esteemed Client Protection Certification from Microfinanza Rating (MFR). This significant achievement underscores Watu Uganda’s commitment to advancing financial inclusion and responsible lending practices, announced during their Customer Service …
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In 2023 Ugandans in the UAE remitted about 21% of total remittances from abroad (USD 300 million out of approximately USD 1.43 billion) Dubai, UAE | THE INDEPENDENT | Equity Bank Uganda will this week visit, meet and interact with Ugandans living and working in the UAE to offer specialized …
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With Haiti’s signature, 12 of the 15 CARICOM member states have now acceded to the Partnership Agreement, with nine of them concluding its ratification New York, USA | THE INDEPENDENT | Haiti has become the 12th Caribbean Community (CARICOM) member state to accede the partnership agreement between and among CARICOM countries …
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KAMPALA, Uganda | Xinhua | Ugandan President Yoweri Museveni and his visiting Central African Republic (CAR) counterpart Faustin-Archange Touadera have held talks aimed at developing transport infrastructure linking the two countries. Museveni on Wednesday told a public rally at celebrations to mark Uganda’s 62nd independence anniversary that the CAR could …
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Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank has emerged as a standout winner at the World Economic Magazine Awards 2024, receiving two prestigious accolades: Best Mortgage Loan Bank Uganda 2024 and Best Customer Service Bank Uganda 2024, it said in a press release. The World Economic Magazine Inc. Awards …
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The conference concluded with a strong emphasis on national content development, recommending that mining regulations incorporate strategies to boost Ugandan participation Kampala, Uganda | JULIUS BUSINGE | The urgent need for increased funding in Uganda’s mineral sector took center stage at the 13th Mineral Wealth Conference, held in Kampala from Oct.1-2. …
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Stanbic Uganda Holdings Ltd, Centenary Bank, and Absa Bank Uganda accounted for 60% of the industry’s aggregate profit Kampala, Uganda | THE INDEPENDENT | Uganda’s supervised financial institutions including commercial banks, micro-deposit-taking institutions (MDIs), and credit institutions, recorded a combined profit of Shs1.4 trillion for the year ending June 2024, a …
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Kampala, Uganda | THE INDEPENDENT | PostBank Uganda, committed to its mission of “Fostering Prosperity for Ugandans,” has disbursed the first tranche of the GROW Loan, amounting to Shs6 billion. The funds have been distributed to 353 women entrepreneurs as part of a project funded by the World Bank and implemented …
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Kampala, Uganda | Patricia Akankwatsa | On Friday, Global technology leader TECNO unveiled its AI-powered ecosystem in Uganda. This groundbreaking initiative marks a significant milestone in the country’s technological advancement and underscores TECNO’s commitment to providing innovative solutions that enhance the lives of Ugandans. The showcase featured the company’s latest innovations, including …
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The Independent Uganda: You get the Truth we Pay the Price
