Business

In Nigeria’s Rivers State, engineering company Egoras is successfully refurbishing e-waste into affordable appliances, creating a new market for recycled and upcycled products. Lagos, Nigeria | BIRD STORY AGENCY | It was the first day of the much-anticipated Egoras Trade Fair in Port Harcourt, Southern Nigeria. The company had announced it …

Kampala, Uganda | THE INDEPENDENT | As one of the strategies to further improve customer experience and deliver services to its customers conveniently, Equity bank has launched a high-tech contact centre. The new Contact Centre will allow the Bank to deliver improved support conveniently to the nearly 1.6 million customers 24/7. …

MTN MoMo Uganda has concluded its maiden interest payment to customers who had a minimum of Shs1 and above for the second quarter of 2022. Richard Yego, the company’s managing director shares some insights about the implications of the interest payout and the industry going forward. What do these MTN …

National Exhibition Week for Science (NEWS 2022) launched to showcase science and technology innovation  Kampala, Uganda | THE INDEPENDENT |  The government has today launched the 2022 National Exhibition for Science Week, (NEWS 22), Uganda’s annual showcase of science, technology and innovation to document progress made towards technological advancement to steer …

Kampala, Uganda | THE INDEPENDENT | Massmart Holdings, the owner of Game store in Uganda has announced an outright exit from Ugandan market, having failed to get a local partner or buyer. In March 2021, Massmart announced that after a review of its operation in East Africa, it was exploring the …

Kenyan banks dominate the ranking taking 10 slots but also performing poorly in the Top 100 banks in Africa | THE INDEPENDENT | Stanbic and dfcu banks are the only Ugandan banks that have appeared in the East African Top 20 banks despite banks recovering from the impact of the …

  This is the lowest interest rate in the past 10 years citing mid-term payments and a tough economic environment Kampala, Uganda | PATRICIA AKANKWATSA | The National Social Security Fund contributors are set to earn 9.65% interest on their savings for the financial year 2021/22 translating into Shs1.38 trillion. …

The country’s internet is 35% worse than global average Kampala, Uganda | RONALD MUSOKE | Uganda is ranked 98th out of 117 countries when it comes to its citizens’ digital well-being, according to the 2022 digital quality of life index published on Sept.28. The study conducted by The Netherlands-based Surfshark, …

Kampala, Uganda | THE INDEPENDENT |  The National Social Security Fund (NSSF) in partnership with Mastercard Foundation has awarded UGX5.9 billion as seed funding to an additional 78 Ugandan small and growing businesses through their Hi-innovator Program. This brings the total of businesses funded to 110 since the Hi-Innovator Programme …

Kampala, Uganda | THE INDEPENDENT | The European Commission in Uganda, is set to fully address the matter of the European union parliament resolution on the East African Crude Oil Pipeline Project, at that upcoming Uganda-EU business summit later this month. Due to environmental and human rights issues, the European …