Business

BEIJING, CHINA | Xinhua | The U.S. modified tariffs with dozens of its trading partners are set to take effect on Thursday, amid widespread concern across the globe that the new rates of levies, ranging from 10 percent to 40 percent, will harm the global trade order. Many political leaders …

Kampala, Uganda | THE INDEPENDENT | With just two weeks remaining, excitement for the 2025 Tusker Lite Mt. Rwenzori Marathon is at an all-time high. Uganda Breweries Limited (UBL), through its premium low-carb brand Tusker Lite, has officially unveiled the race kit for this year’s event. Held at UBL headquarters …

  Kampala, Uganda | THE INDEPENDENT | The 2nd National E-Mobility Expo 2025 is around the corner following the launch that took place on 30 July 2025 at Next Media Park. According to the organisers, the second edition is carefully curated to promote not only e-mobility but also the underlying …

Kampala, Uganda | THE INDEPENDENT |  Absa Bank Uganda has unveiled a three-year partnership with Makerere University in Kampala, aiming to equip practicing journalists with financial, business, and data-driven reporting to transform the media industry. As part of the partnership, 20 journalists across the country were equipped with various skills during …

Mayuge, Uganda | THE INDEPENDENT | President Yoweri Museveni has said that the government will purchase the Mayuge sugar factory for local cane farmers across the Busoga sub-region. During a meeting with sugarcane farmers, millers, and sugar manufacturers at State Lodge in Mayuge district, Museveni noted that, much as he had earlier …

Kampala, Uganda | THE INDPENDENT | Court has dismissed an appeal and allowed for the payment of 20 million shillings in damages and the destruction of counterfeit toner cartridges belonging to China New Future (Uganda) Ltd. Sitting in Kampala, three Court of Appeal Justices agreed with the ruling of the …

Kampala, Uganda | THE INDEPENDENT | The Archbishop of Church of Uganda Rev. Dr. Stephen Kaziimba Mugalu has commended PostBank Uganda for driving financial inclusion across the country. He applauded the team during a courtesy visit made by the Bank leadership at the provincial office in Namirembe on August 6. The …

  Equity Bank Expands Services to Ugandans in South Africa Johannesburg, South Africa | THE INDEPENDENT | Ugandans living and working in South Africa now have greater opportunities to invest back home following Equity Bank’s entry into the country, marking the first time the East Africa financial giant has ventured into …

Kampala, Uganda | THE INEPENDENT | Airtel Africa’s East African operations reported strong growth in the first quarter of 2025, driven by rising data consumption, a growing customer base, and ongoing network investments. Mobile service revenue in the region rose to $498 million from $423 million in the same period last …

Kampala, Uganda | THE INDEPENDENT | The race for creative supremacy in East Africa’s marketing and communications industry officially begins as the Uganda Advertising Association (UAA), in partnership with The Loeries, launches the fourth edition of the Silverback Awards. This year’s competition, themed “Elevating the Grind,” promises heightened regional participation and …