Kampala, Uganda | THE INDEPENDENT | Leading events organizer Evolve Africa has released its annual Uganda Marketing Excellence Awards (UMEAS) 2023 report, offering a data-driven analysis of the Ugandan marketing landscape. This report, presented as a valuable resource for marketers, strategists, and decision-makers, delves into the “why” behind successful campaigns …
Read More »Jubilee Life – Uganda pursues new clients through agents
Kampala, Uganda | THE INDEPENDENT | Jubilee Life Insurance Company Uganda anticipates a significant expansion in the insurance market in Uganda, relying on its agents to effectively promote and sell its policies. Last Friday (Feb. 9) at the Sheraton Hotel, Kumar Sumit Gaurav, the Chief Executive Officer of the insurer, …
Read More »PostBank partners with Airtel
Kampala, Uganda | THE INDEPENDENT | PostBank Uganda has partnered with Airtel Money to foster financial inclusion by eliminating charges on all transfers made from the PostApp and PostMobile to Airtel Money wallets. This initiative seeks to reduce the financial burden on PostBank customers while enhancing their access to a wide …
Read More »Canada’s EDC takes Tanzanian airline to court
Precision Air was founded in 1993 and serves destinations across Tanzania, Kenya and Comoros ANALYSIS | FELIX THOMPSON | Export Development Canada (EDC) has brought a claim in the UK High Court against an embattled Tanzanian airline company, alleging it is owed nearly US$26mn under an aircraft financing agreement. In late …
Read More »Diamond Trust Bank opens 37th branch in Sino Industrial Park, Mbale
Mbale, Uganda | THE INDEPENDENT | As part of its commitment to bolster small and medium enterprises, Diamond Trust Bank inaugurated its 37th branch at Sino Uganda Industrial Park today (Feb. 13). Executives highlighted that this strategic move aims to bolster local manufacturing for import substitution and stimulate regional exports. …
Read More »URA changes tactics to end smuggling related deaths in West Nile
Arua, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) has resorted to intelligence-led operations as a measure to end the deaths of innocent civilians during tax enforcement in the West Nile region. Over the past years, confrontations between URA enforcement teams and the local community have led to …
Read More »Ninety Nine women entrepreneurs graduate with business skills
Kampala, Uganda | JULIUS BUSINGE | On Feb.9, a total of 99 women entrepreneurs from Kampala, Lira, and Fort Portal successfully graduated from the 7th cohort of the Academy for Women Entrepreneurs (AWE) Program. This remarkable achievement, supported by the U.S. Embassy in partnership with SHONA Group, underscores a collective commitment …
Read More »Eight Ugandan businesses selected for UK-sponsored Climate Finance Accelerator
Each business will receive one-to-one support and advice from financial and technical experts to strengthen their projects and increase their chances of attracting investment Kampala, Uganda | AGENCIES | Eight businesses that help to tackle climate change in Uganda have been selected to join the first phase of Climate Finance Accelerator …
Read More »UEDCL promises more business to suppliers ahead of Umeme takeover
The company’s procurement list includes electricity poles, transformers, office equipment, cables, and various services Kampala, Uganda | JULIUS BUSINGE | The Uganda Electricity Distribution Company Limited (UEDCL) is gearing up for an increase in operations and procurement, projecting a significant rise in annual spending from the current average of Shs50 billion. …
Read More »Uganda maintains fourth spot in Absa Africa Financial Markets Index
There’s a need for enhanced liquidity in domestic markets to foster economic growth and socio-economic transformation Kampala, Uganda | JULIUS BUSINGE | Uganda has preserved its fourth-place ranking in the Absa Africa Financial Markets Index for 2023, despite a slight decrease in its overall score from 64.4 to 62.8. The index, …
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