Business

Kampala, Uganda | THE INDEPENDENT | Pride Bank Limited has been awarded the Agri-Finance Award (Credit Finance) at the prestigious Annual Agricultural Awards. In an evening themed: Celebrating Excellence and Innovation in Agriculture, the award recognizes the bank’s exceptional contribution to agricultural financing and its pivotal role in transforming Uganda’s agricultural …

Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda and the Uganda National Oil Company (UNOC), on behalf of the Ministry of Energy and Mineral Development, today formalized a landmark partnership to develop significant Liquefied Petroleum Gas (LPG) storage infrastructure at the Kabalega Industrial Park. This strategic collaboration is set …

Kampala, Uganda | THE INDEPENDENT |  dfcu Bank has announced a strategic partnership with Aurionpro, an international fintech leader. This collaboration places dfcu Bank at the forefront of digital innovation, setting a new industry benchmark in transaction banking for Corporate and SME clients. The partnership will see dfcu Bank adopt Aurionpro’s …

Kampala, Uganda | THE INDEPENDENT | In a move that signals its continued commitment to people-centered growth, dfcu Bank has announced the appointment of Marsha Nyonyozi Walusimbi as its new Chief of People and Culture Transformation. Marsha joins the bank with nearly 20 years of experience leading human capital strategy …

Johannesburg, South Africa  | THE INDEPENDENT | Airtel’s East Africa operations recorded strong growth in the latest quarter, driven by surging data consumption, an expanding customer base, and continued investment in network infrastructure. Reported revenue from mobile services rose to $498 million, up from $423 million in Q1 2024, supported …

Sheema, Uganda | THE INDEPENDENT | MTN Uganda has handed over a fully equipped ICT laboratory to St. John’s Secondary School Nyabwina in Sheema District, as part of its Shs1 billion ($260,000) Digital Access Project aimed at improving digital education infrastructure in underserved areas. The donation includes 10 modern computers, …

  Kampala, Uganda | THE INDEPENDENT |  Uganda Clays Limited (UCL), has posted a net loss of UGX 4.95 billion for 2024, deepening from UGX 2.85 billion in 2023. Despite this downturn, the company is placing a calculated bet on a 10-year strategic overhaul to stabilize its operations, modernizing its …

African startups are designing and assembling electric vehicles tailored for local delivery needs. From solar-powered cold chains to pharma-compliant vans, these innovations are cutting costs, reducing emissions, and transforming how goods move across the last mile. SPECIAL REPORT | BIRD AGENCY | Kenya’s Roam has recently partnered with logistics startup Keep …

Mbarara, Uganda | THE INDEPENDENT | Local manufacturers have asked the government to ease the registration of their locally manufactured products to allow them to compete on the international markets. The local manufacturers made the request during the official opening of the Buy Uganda Build Uganda (BUBU) first-ever western trade …

Kampala, Uganda | THE INDEPENDENT | Business owners have expressed optimism that business will grow in the next quarter due to election-related spending. This is contained in latest findings released by the Economic Policy Research Centre in their Uganda Business Climate Index UBCI) for the April to June quarter. Released …