Emerging technologies are playing a crucial role in shaping the future of countries worldwide ANALYSIS | AGENCIES | Global Infrastructure and Services Company, NTT Limited, has announced its key technology predictions for 2024. NTT, Dimension Data’s parent company says as IT teams start planning, and organizstions adapt to 2023’s biggest disruptor …
Read More »ICPAU releases November exam results
Kampala, Uganda | JULIUS BUSINGE | The Institute of Certified Public Accountants of Uganda has released the November 2023 examination results that had three diets in the year 2023 – in May, August, and November, running at seven examination centres across the country. The courses examined were Accounting Technicians Diploma (ATD), …
Read More »Demand for loans surges as lending rates reduce
Bank of Uganda projects the economy to grow at 6% in FY2023/24 up from 5.2% a year before Kampala, Uganda | ISAAC KHISA | Uganda’s consumers recorded a 7.8% increase in borrowings for the three months to October, while lenders’ approval rate for loans in value terms decreased since July 2023, …
Read More »Ric Hassani delights fans at Shorts na Lesu
Kampala, Uganda | THE INDEPENDENT | Renowned Nigerian artist, Ric Hassani, took the stage by storm at the Shonale show held at the Lugogo Hockey Grounds on Saturday night, with I&M Bank as the event sponsor. The anticipation leading up to the festival was met with excitement, and Ric Hassani …
Read More »Higher customer demand raises Stanbic PMI to 54.8 in December
Kampala, Uganda | THE INDEPENDENT | Greater customer numbers during December fed through to higher new orders and business activity as the headline monthly Stanbic Purchasing Managers Index (PMI) rose to 54.8 from 53.4 in November, the lender said on Jan.10. This was the highest reading since June 2023 and above …
Read More »Microsoft announces AI key on Windows 11 PCs
Kampala, Uganda | THE INDEPENDENT | Microsoft has announced the biggest change to its keyboards in three decades with the introduction of an artificial intelligence (AI) key, the BBC reported on Jan.04. The key will allow users to access Copilot, Microsoft’s AI tool, on new Windows 11 PCs. Microsoft is a …
Read More »UEGCL charts course for growth and sustainability in ambitious 2028 strategic plan
The company’s financial performance for the fiscal year 2022/2023 demonstrated robust growth, with a remarkable 63% increase in revenue, reaching Shs343.7 billion Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Generation Company Limited (UEGCL) is poised for transformative growth and sustainability as it implements its strategic plan for the period …
Read More »Detailed security, traffic plan as NAM summit starts today
Kampala, Uganda | THE INDEPENDENT | Security within Kampala City, and the greater Kampala area has been tightened, with highly visible and non-visible manpower already in place, Uganda Police has revealed. This in time for the Non-Aligned Movement plus the G 77 +China summits starting today to 23rd January 2024. There will be a hive …
Read More »Ugandan association of oil and gas service providers urged to raise standards
Kampala, Uganda | THE INDEPENDENT | The Association of Oil and Gas Providers in Uganda has warned that it is not easy for Ugandans to supply the sector. Association of Uganda Oil and Gas Service Providers (AUGOS) Vice Chairman, Dennis Kamurasi says while one can be excited about winning the …
Read More »Africa’s motorcycle taxis on the electric horizon
Motorcycle taxis are on the rise in various African markets, thanks to low electrification costs and efficiency in last-mile transportation and experts are calling for incentives to accelerate the electrification initiative. SPECIAL REPORT | BIRD AGENCY | Motorcycle taxis, a dominant transportation force in Africa, have substantial potential for electrification …
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