Business

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has opted to keep the Central Bank Rate at a high 10.25 per cent for the next two months, following a renewed rise in inflation. The CBR is an indicative interest rate that the Central Bank uses to influence the cost …

The government is committed to investing in the population through various vehicles including the Parish Development Model Kampala, Uganda | THE INDEPENDENT | Uganda’s government, in collaboration with development partners, has long focused on wealth creation initiatives among the population. However, Finance Minister Matia Kasaija believes these efforts can achieve significantly …

Light up and power Africa, feed Africa, industrialize Africa, integrate Africa and improve the quality of life are the Bank’s High 5 operational priorities Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, African Development Bank Group, will boost its financing capacity by over 70 billion USD as it unveils a …

Initiative to be theme of the annual bankers’ conference Kampala, Uganda | IAN KATUSIIME | The Uganda Bankers Association has launched the Environmental, Social and Governance framework to join a global phenomenon that companies have adopted to boost their sustainability and development impact. During the launch that took place at …

Equity Bank and Church of Uganda celebrate successful payment of Church House loan Kampala, Uganda | THE INDEPENDENT | Church of Uganda has recognised Equity Bank for playing a key role in completion of Janani Luwum Church House in Kampala. “I want to announce here that the Church House is now fully …

Equity Bank bags award for promoting financial education and inclusion Kampala, Uganda | THE INDEPENDENT |  Equity Bank Uganda has in the last two years trained 126,107 youth, women, and refugees in financial literacy and entrepreneurship education. Up to 58% of those trained are female, 77% youth and 30% are refugees …

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank has unveiled its new “Oli Sorted” campaign, offering Ugandans 100% home financing alongside a variety of other financial solutions. This 90-day initiative, timed with the back-to-school season, allows parents to borrow up to Shs 350 million in unsecured personal loans for school fees …

Kampala, Uganda | THE INDEPENDENT | Telecom firm, MTN Uganda, is selling more than 1.5 billion ordinary shares, originally unsold during the initial public offering (IPO), to the public at the current market price of UGX 170 per share. Each investor must purchase a minimum of 1,400 shares. This secondary offer, …

Kampala, Uganda | THE INDEPENDENT | Transparency, accountability, flexibility, and effective communication are critical management ethics that accelerate the growth of companies in line with their running strategic plans. This is the summary of what transpired at the second Institute of Certified Public Accountants of Uganda C-Suite Forum held in Kampala …

Kampala, Uganda | THE INDEPENDENT | Roofings Group is championing the planting of 2,000,000 trees in Kampala Industrial Business Park, Namanve, it said on May 31. In collaboration with Uganda Investment Authority, Ministry of Finance, Planning, and Economic Development, and National Environment Management Authority the initiative aims to mitigate the environmental …