Business

Vivo Energy Uganda, the distributor of Shell fuels and lubricants, has expanded its service station network by opening 10 new stations and partnered with MTN Uganda to enhance security at its sites. Speaking during the launch of the Shell Kitetika service station on Gayaza Road on Nov. 28, Vivo Energy …

  Mbale, Uganda | THE INDEPENDENT | After PostBank (PBU) confirmed that the bank’s internal control mechanism had discovered counterfeit notes worth sh500million in Mbale branch, Uganda Police has arrested implicated staff, and where there were lapses in oversight of the branch operations, the bank has suspended the responsible staff pending …

Kampala, Uganda | THE INDEPENDENT | Centenary Bank, the largest commercial microfinance bank in Uganda recently partnered with the African Guarantee Fund to host the Green Finance Forum an event aimed at providing knowledge on awareness and opportunities in the green finance space. The forum brought together key sector players …

Kampala, Uganda | THE INDEPENDENT | TotalEnergies EP Uganda has unveiled a commemorative publication celebrating 10 years of impactful educational scholarships that have transformed the lives of youth in the Albertine region. The launch event, held at the Kampala Sheraton Hotel, introduced the publication titled “10 Years of TotalEnergies EP Uganda’s …

Kampala, Uganda | THE INDEPENDENT | The Uganda Extractive‘s Industries Transparency Initiative Secretariat (UGEITI Secretariat) has again raised a red flag about the discrepancies in the country’s gold import and exports. UGEITI Secretariat hosted by the Ministry of Finance on Thursday release its report for Fiscal Year 2021/2022.  Like in …

Equity Bank, KPMG, and Daily Monitor reveal 2024 top 100 mid-sized company survey results Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda Limited, the official bank partner of this year’s Top 100 Mid-sized Companies Survey, in partnership with KPMG and the Daily Monitor, has today announced the results of …

    Kampala, Uganda | THE INDEPENDENT | The State Minister of Finance, Henry Musasizi, has spoken out on the money heist at the Bank of Uganda (BOU) in which over 60 billion shillings was reportedly siphoned from the institution’s accounts in September this year and channeled to foreign accounts. …

  As Glovo continues revolutionizing the on-demand delivery landscape, its Q-commerce operations have become an important pillar of its growth strategy. Patricia Akankwatsa of The Independent had the opportunity to sit down with the newly appointed Country Manager, Ivy Maingi to discuss how Glovo is redefining quick commerce in Uganda …

OPINION | Brenda Mpoora | Kaka Mbabazi feels more in control of her life these days. She turned 73 at the beginning of this year and has never owned a bank account. Until June this year, when her granddaughter Patience signed her onto PostBank’s Wendi mobile platform in addition to registering …

The Bank was also granted the Sustainability Certification for adapting the Sustainability Standards Certfication Initiative Version 2.0, at level 5 which is the highest level under the initiative Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank's Managing Director, Patricia Ojangole, has, for the fourth year running, won the Sustainability …