Business

Kampala, Uganda | THE INDEPENDENT | Airtel Uganda, in collaboration with the TECNO Mobile Uganda, and StarTimes, launched the SPARK 20 Pro+, an exciting addition to its popular SPARK 20 Series. This was during a recent launch held in Kampala officiated by the Minister of ICT and National Guidance, Chris Baryomunsi. …

Kampala, Uganda | THE INDEPENDENT | MultiChoice Uganda executives say their Step-Up campaign, which was announced on Jan.16 is set to elevate their DStv and GOtv subscribers’ viewing experience. This initiative aims to reward and elevate the entertainment experience of MultiChoice subscribers by automatically upgrading them to a second higher package …

Buhweju, Uganda | THE INDEPENDENT | Tea farmers in Buhweju district are seeking compensation of over three billion Shillings from the Igara Growers Tea Factory. They claim to have provided the factory with green- tea leaves over four months but have not received payment. Nicholas Abenaitwe, a tea farmer, expresses the …

Kampala, Uganda | THE INDEPENDENT | Delegations of at least 80 development finance instructions (DFIs) from Africa are due in Kampala next week for a benchmarking tour on Sustainability Standards. The benchmarking visit is organized under the umbrella African Association of Development Finance Institutions (AADFI) in cooperation with the European Organisation …

Partnerships Key to Overcoming Challenges in Digital Inclusion Kampala, Uganda | THE INDEPENDENT | Mastercard’s Community Pass is set for a major expansion, with its success attributed to strategic partnerships and collaboration with stakeholders. Launched in Uganda and rapidly gaining momentum, Community Pass serves as a beacon for overcoming challenges …

Continental lender recently introduced the Emergency Agricultural Production Project  in the East African nation BURUNDI | RONALD MUSOKE | For many Burundian smallholder farmers, the bumper maize harvest they are currently witnessing is all due to the intervention of a project initiated by the African Development Bank Group (AfDB) which offered …

Kampala, Uganda | THE INDEPENDENT |  The Civil Society Budget Advocacy Group (CSBAG) has called on government to enforce mechanisms aimed at controlling the increasing domestic arrears. Led by the programme advisor, Jeff Wadulo, the group expressed concern that the rate at which the arrears have accumulated is worrisome and …

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has closed EFC Uganda Limited, a microfinance company due to poor financial standing. The action is based on Sections 72 (1) and 12 (1) (d) & (g) of the Microfinance Deposit-taking Institutions (MDI) Act, 2003 as amended. BOU’s decision which also places …

Jinja, Uganda | THE INDEPENDENT | Rwenzori Rare Metals Limited has finally been awarded a 21-year mining license to develop the Makuutu rare earth elements mining Project. Energy and Minerals Development Minister, Ruth Nankabirwa and the CEO of Rwenzori Rare Metals Limited, Warren Tregurtha exchanged signatures for the projects whose mining …

Kampala, Uganda | THE INDEPENDENT | Airtel Africa plc has announced the retirement of the Chief Executive Officer, Olusegun “Segun” Ogunsanya, with effect from July 1, 2024. Mr. Ogunsanya, who joined Airtel in 2012, ran the Nigeria Operations of the Telecommunications and Mobile Money Company for nine years before he was …