Kampala, Uganda | AGENCIES | Consumers are under a lot of financial strain. The World Economic Forum reports that the cost-of-living crisis is affecting people across the globe. With food and fuel prices rising, it’s becoming increasingly difficult to keep financially afloat. On top of that, salaries aren’t keeping up with …
Read More »Payment platform goes regional, 650 ATMs now on Interswitch
Kampala, Uganda | THE INDEPENDENT | At least 23 financial institutions in Uganda now have their Automated Teller Machines (ATMs) and points of sale connected by Interswitch, an integrated payments and transaction processing company. This means that account holders at the various banks and other financial institutions can now access …
Read More »Uganda Baati unveils new product
Kampala, Uganda | PATRICIA AKANKWATSA | Uganda Baati on June 5th unveiled a new premium roofing product called Lifestile in addition to Orientile, Romantile, Dumuzas superior quality steel roof tile. Speaking at the launch of the new product, Dr. Alan Shonubi, the Board chairman, Uganda Baati said the company is …
Read More »How late payments stifle businesses
mn COMMENT | CLEVER NICHOLAS | In the world of business, the flow of money is the lifeblood that keeps operations running smoothly. However, there is a growing menace that silently cripples countless businesses: late payments. This insidious practice wreaks havoc on companies, particularly small and medium-sized enterprises (SMEs), impeding growth, …
Read More »NSSF, Mastercard Foundation innovation programme creates 60,000 jobs
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund Hi-Innovator innovation programme has created close to 60,000 employment opportunities for youth and women entrepreneurs over the last three years of implementation, the Fund’s Ag. Managing Director Patrick Ayota has said in a news release shared with this website. …
Read More »Apple unveils its first spatial computer Apple Vision Pro
San Francisco, US | Xinhua | Apple on Monday unveiled its spatial computer Apple Vision Pro featuring visionOS spatial operating system on its annual Worldwide Developers Conference (WWDC). According to Apple, Vision Pro, which features an ultra-high-resolution display system that packs 23 million pixels across two displays and custom Apple …
Read More »FAO, government to assess potential new dairy market
Kenya has constantly banned Ugandan dairy products on its market claiming to protect local producers Kampala, Uganda | THE INDEPENDENT | The Food and Agriculture Organization of the United Nations (FAO) has entered into a new partnership with the Dairy Development Authority (DDA) to boost exports of Ugandan milk and dairy …
Read More »UBL graduates 200
Kampala, Uganda | THE INDEPENDENT | On June 1, a total of 200 youths graduated from Uganda Breweries Limited Learning for Life program, a partnership with Diageo Bar Academy, Light for the World, and Enterprise Uganda. Through this program, the youths have been trained and equipped with business and hospitality skills …
Read More »MTN Uganda focus on entrepreneurship in the new employee campaign
Micro and small enterprises provide most of Uganda’s jobs but they also have a high mortality rate Kampala, Uganda | THE INDEPENDENT | MTN Uganda in partnership with the Uganda Small Scale Industries Association, Maendeleo Foundation, Centenary Technical Services, Centenary Foundation and Tunaweza Foundation on June 01 unveiled its annual 21 …
Read More »African Union in new initiative to boost revenue collections on continent
Data shows most African governments collect about 15% of their GDP in taxes compared to the 40% that is being collected by European, Asian, and North American countries Kampala, Uganda | RONALD MUSOKE | In a bid to boost revenue collection across Africa, the African Union Commission has signed a Memorandum of …
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