Business

Climate change is impeding access to necessities: water, power, food, and education but these challenges also offer opportunities for those with an entrepreneurial mindset ANALYSIS | TONY O. ELUMELU | I am a proud Nigerian and a proud African. I am also a philanthropist and entrepreneur—and I have seen firsthand that …

Kampala, Uganda  | THE INDEPENDENT |  Vivo Energy Uganda, the company that distributes and markets Shell-branded fuels and lubricants in Uganda, has unveiled its ‘Simbula ne Rimula R3X’ campaign. This initiative is targeted at heavy-duty diesel-powered engine vehicles, including taxis, lorries, trucks, and buses with older engines. The campaign introduces …

Equity Bank and Confederation of Indian Industries launch the India-Uganda trade mission to boost bilateral trade and investment opportunities 🟥DAY 1⃣ 🇺🇬🇮🇳 ✳️ Kampala Serena Hotel • The India-Uganda Trade Mission is a pivotal step in enhancing bilateral trade and investment opportunities between Uganda and India. • Key sectors such …

BERLIN | Xinhua |  Dutch semiconductor equipment maker ASML lost up to 60 billion euros (65.25 billion U.S. dollars) after its shares plummeted over 20 percent in just two days this week, primarily due to lower-than-expected 2025 sales and bookings. The company is feeling the pinch of U.S.-induced geopolitical tensions, …

The need to sell tickets beyond Nairobi might incline the Indian carriers to engage Uganda Airlines as a partner for onward lift ANALYSIS | AGENCIES | Nairobi is fast emerging as a mini-hub in the Africa-Asia connector market, as several airlines launch flights to East Africa’s business hub.   Air India, …

African brands must focus on visibility, accessibility, and quality improvement Kampala, Uganda | PATICIA AKANKWATSA | Sixty-five percent of Ugandans have confidence in their local brands, but only 35% consume them, according to the latest Brand Africa survey, highlighting a significant gap between trust and purchase behavior. This pattern mirrors broader …

Kampala, Uganda | THE INDEPENDENT | The Uganda Microfinance Regulatory Authority (UMRA) and PostBank Uganda on 21st October 2024 signed a Memorandum of Understanding (MoU) to initiate a collaboration aimed at digitizing the operations of tier IV Microfinance Institutions through PostBank’s Wendi mobile wallet, so that the last mile beneficiary can …

This comes as more than 75% of the country’s population is under the age of 30 and a high youth unemployment rate Kampala, Uganda | PATICIA AKANKWATSA | MTN Foundation, the corporate social responsibility arm of MTN Uganda, has announced the second cohort of its MTN Ace Skilling Initiative. 154 talented …

Kampala, Uganda | THE INDEPENDENT | Savings and Credit Cooperatives (SACCOs) have been urged to adopt digitalization to improve operational efficiency and attract financial support. This call was made during the launch of a training program for SACCO leaders from the Kampala Metropolitan districts at the Stanbic Incubator offices in Kololo. …

The African Continental Free Trade Area (AfCTFA) is the world’s largest single market by geography and population. It is expected to grow to 1.7 billion people and 6.7 trillion US dollars by 2030. Here is a list of the top ten countries already taking advantage of trade with their neighbours. …