Kampala, Uganda | THE INDEPENDENT | Veteran marketeer and corporate manager, Baker Magunda is the new Chairperson of the Board of Directors at Stanbic Uganda Holdings Ltd, the parent company of Stanbic Bank. Magunda, whose tenure began on June 2, 2023, replaced Japheth Katto who chaired the board since 2018. “In …
Read More »
Kampala, Uganda | THE INDEPENDENT | Chaos unfolded at the Supreme Court in Kampala Thursday morning as businessman Hamis Kiggundu demanded to be heard in his pending application in a case in which, he seeks to recover Shillings 120 billion from Diamond Trust Bank (DTB) Uganda and Kenya. Kiggundu’s lawyers, …
Read More »
Kampala, Uganda | AGENCIES | Consumers are under a lot of financial strain. The World Economic Forum reports that the cost-of-living crisis is affecting people across the globe. With food and fuel prices rising, it’s becoming increasingly difficult to keep financially afloat. On top of that, salaries aren’t keeping up with …
Read More »
Kampala, Uganda | THE INDEPENDENT | At least 23 financial institutions in Uganda now have their Automated Teller Machines (ATMs) and points of sale connected by Interswitch, an integrated payments and transaction processing company. This means that account holders at the various banks and other financial institutions can now access …
Read More »
Kampala, Uganda | PATRICIA AKANKWATSA | Uganda Baati on June 5th unveiled a new premium roofing product called Lifestile in addition to Orientile, Romantile, Dumuzas superior quality steel roof tile. Speaking at the launch of the new product, Dr. Alan Shonubi, the Board chairman, Uganda Baati said the company is …
Read More »
mn COMMENT | CLEVER NICHOLAS | In the world of business, the flow of money is the lifeblood that keeps operations running smoothly. However, there is a growing menace that silently cripples countless businesses: late payments. This insidious practice wreaks havoc on companies, particularly small and medium-sized enterprises (SMEs), impeding growth, …
Read More »
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund Hi-Innovator innovation programme has created close to 60,000 employment opportunities for youth and women entrepreneurs over the last three years of implementation, the Fund’s Ag. Managing Director Patrick Ayota has said in a news release shared with this website. …
Read More »
San Francisco, US | Xinhua | Apple on Monday unveiled its spatial computer Apple Vision Pro featuring visionOS spatial operating system on its annual Worldwide Developers Conference (WWDC). According to Apple, Vision Pro, which features an ultra-high-resolution display system that packs 23 million pixels across two displays and custom Apple …
Read More »
Kenya has constantly banned Ugandan dairy products on its market claiming to protect local producers Kampala, Uganda | THE INDEPENDENT | The Food and Agriculture Organization of the United Nations (FAO) has entered into a new partnership with the Dairy Development Authority (DDA) to boost exports of Ugandan milk and dairy …
Read More »
Kampala, Uganda | THE INDEPENDENT | On June 1, a total of 200 youths graduated from Uganda Breweries Limited Learning for Life program, a partnership with Diageo Bar Academy, Light for the World, and Enterprise Uganda. Through this program, the youths have been trained and equipped with business and hospitality skills …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
