We already know from existing research that the gig economy places new pressures on transport workers to drive fast and take risky decisions Kampala, Uganda | RICH MALLETT | Motorcycle-taxis are one of the fastest and most convenient ways to get around Uganda’s congested capital, Kampala. But they are also the most dangerous. …
Read More »Africa launches first Pan-African card scheme – PAPSSCARD
African central banks and payment systems are set to spearhead the continent-wide adoption and rollout of the new card Abuja, Nigeria | THE INDEPENDENT | Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Unveiled on June 27 at the …
Read More »MTN Nigeria targets $1bn cloud market to take on Amazon, Microsoft and Google
The telecoms giant is betting on a naira-priced cloud to undercut AWS and Azure Abuja, Nigeria | AGENCIES | MTN Nigeria has launched what it claims is the country’s largest prefabricated modular data centre, marking a bold push into the country’s fast-growing cloud market and taking aim at global giants such …
Read More »Toward a multi-polar international monetary system
COMMENT | Maya Majueran – XINHUA | A multi-polar international monetary system envisions a global financial architecture in which multiple currencies, rather than a single dominant one such as the U.S. dollar, are widely used for international trade, finance, and as reserve assets. This model fosters a multi-currency ecosystem, enabling …
Read More »Equity Bank taps UAE for global growth
The lender’s shareholders approved a dividend payout of Kshs. 16 billion (approximately Shs 444.9 billion) for the year ending December 2024 Nairobi, Kenya | THE INDEPENDENT | Equity Group Holdings Plc is set to open a Representative Office in the United Arab Emirates (UAE), marking its first venture outside Africa and …
Read More »Why crypto assets like Bitcoin are central to Uganda’s $500 billion growth ambitions
COMMENT | MORRISON RWAKAKAMBA | Having campaigned under the banner of making the United States the “crypto capital” of the world, in his first week in office, he signed an executive order intended to support the growth of the United States crypto industry, signaling an intention to approach crypto …
Read More »Vivo Energy Uganda launches “Ebyakabi Nze Abirina #SityaMbeera” campaign for boda- boda Riders
Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda has kicked off an exciting new campaign called “Ebyakabi Nze Abirina #SityaMbeera,” a powerful message of confidence and toughness for every motorcyclist in Uganda. This campaign shines a light on two top-notch Shell products: Shell Advance motorcycle engine oil and Shell …
Read More »ICPAU unveils new governing council for 2025–2027 term
Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda (ICPAU) has officially announced a new Council that will govern the Institute for the next two years, from 2025 to 2027. The Council, established in accordance with Section 8 of the Accountants Act, is responsible for …
Read More »Rebuild programme transforms lives, advocates for scaled-up cash grants in Uganda
Kampala, Uganda | Patricia Akankwatsa |A groundbreaking study on the Rebuild programme, a collaborative effort by the International Rescue Committee (IRC) and the IKEA Foundation, has clearly demonstrated the transformative power of cash grants in empowering refugees and host communities in urban settings. The findings, presented at a recent gathering …
Read More »Britam Uganda launches Life Assurance to boost family and institutional protection
Kampala, Uganda | Patricia Akankwatsa | Britam Uganda officially launched its new life assurance business, Britam Life, marking a significant expansion of its services in the country. This was during Britam’s 60 th anniversary celebrations held on 09 July at the Kampala Serena hotel. The new unit will initially focus …
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