Kampala, Uganda | THE INDEPENDENT | The latest Stanbic Purchasing Managers’ Index (PMI) data reveals a sustained expansion in Uganda’s private sector for the seventh consecutive month, as business activity and new orders continue to rise. The headline PMI for October recorded a value of 52.9, slightly down from September’s, yet …
Read More »Excitement in Jinja as Nyege Nyege date nears
Hotel bookings in Jinja on the rise, guests to receive complimentary Uganda Waragi Lemon & Ginger during Nyege Nyege weekend Jinja, Uganda | THE INDEPENDENT | Hotel bookings are on the rise with many of Jinja’s accommodation hotspots declaring they are fully booked between November 14 to 17, the dates …
Read More »UAP Old Mutual Insurance shines at 2024 Financial Reporting Awards
Kampala, Uganda | THE INDEPENDENT | UAP Old Mutual Insurance has once again been recognized for its commitment to excellence in corporate reporting. The company secured top honours at the 2024 Financial Reporting Awards (FiRe Awards), solidifying its position as a leader in transparent and accountable business practices within Uganda’s insurance …
Read More »Health concerns as meat in Gulu City no longer inspected by health officials
Gulu, Uganda | THE INDEPENDENT | Meat consumers in Gulu City are at high risk of contracting zoonotic diseases as veterinary officers do not inspect meat from the main abattoir in Bardege-Layibi Division any longer, according to sources. Uganda Radio Network understands that for several months now, residents within the …
Read More »China International Import Expo attracts techs best in the world
The seventh China International Import Expo (CIIE) attracted some 3,500 global exhibitors from 129 countries and regions. It saw a total of 80.01 billion U.S. dollars’ worth of tentative deals reached for one-year purchases of goods and services. SHANGHAI | Xinhua | Thousands of companies from across the world have …
Read More »PSFU launches youth business mentorship program
KAMPALA, UGANDA | THE INDEPENDENT | The Private Sector Foundation Uganda has unveiled a Flagship Mentorship program dubbed “PSFU NextGen” and the annual Private Sector Gala, which will be held from December 5 – 6 in Kampala. Uganda’s youth population, while a demographic advantage, faces significant challenges in finding employment, and starting …
Read More »Green Inclusive Finance from aBi Finance empowering Ugandan smallholder farmers
aBi Finance intensifies commitment on Green Inclusive Finance to empower smallholder farmers and promote a sustainable agribusiness sector in Uganda Kampala, Uganda | THE INDEPENDENT | aBi Finance Ltd, a leading wholesale impact investment company, hosted a pivotal Stakeholder Engagement Forum to recognize the achievements of its financial partners and …
Read More »Accelerating Africa’s Green Energy Transition through collaboration
Most African countries rely on fossil fuels for energy and export revenue. Yet, development finance institutions, including the World Bank, are pulling back on fossil fuel investments ANALYSIS | AGENCIES | The eighth annual Babacar Ndiaye Lecture, held at Washington D.C.’s Four Seasons Hotel on October 26, highlighted the pressing need …
Read More »Kenya Coast Tourism Conference to be held in Munyonyo for first time
Kampala, Uganda | THE INDEPENDENT | After two years talking and discussing, Uganda’s Ministry of Foreign Affairs and the country’s Consulate in Mombasa have this year decided to give their Kenyan counterparts, real life experience of what The Pearl of Africa offers. “At the beginning of the partnership with …
Read More »MTN Uganda reports 29.6% increase in PAT to Shs 459.4bn for the past 9-months
Kampala, Uganda | THE INDEPENDENT | MTN Uganda has announced a 29.6% year-on-year increase in profit after tax, totaling Shs 459.4 billion for the nine months ending September 30. The growth was largely attributed to exceptional performance in MTN Uganda’s data and fintech segments, aligned with the company’s commitment to digital …
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