Business

Cellulant processes $300,000 worth of payments daily in Uganda and facilitates $1b in transaction volume every month across different payment channels in Africa. Kampala, Uganda | THE INDEPENDENT | Cellulant, Africa’s leading payments company, won the Award for Excellence in Embedded Fintech at the 7th edition of the Africa Fintech …

Kampala, Uganda | THE INDEPENDENT | Airtel Uganda in partnership with K2 Telcom has announced the enhancement of the network services with the aim of boosting customers’ experience and expanding the reach of the partnership. This was revealed at a press briefing held today at Bulange in Mengo May 26, 2022. …

Kampala, Uganda | THE INDEPENDENT | African coffee-producing countries have gathered in Nairobi to chart ways of improving the continent’s coffee sector and cushion it from global shocks. These include the effects of pandemics, trade barriers, and market dynamics like unfair taxes and trade restrictions among others. The first G25 Coffee …

Kampala, Uganda | THE INDEPENDENT | The United States Agency for International Development-(USAID) has raised concern over corruption in the country, saying that if the vice isn’t fought, the long anticipated oil money may not benefit the country. Richard Nelson, the USAID Country Director told a meeting organized by the Inspectorate …

Kampala, Uganda | THE INDEPENDENT | Lawmakers on Commissions, Statutory Authorities and State Enterprises – COSASE were on Thursday morning left upset after the Minister of Finance, Planning and Economic Development Matia Kasaija failed to appear before them for the second time, without giving any reason. Led by Joel Ssenyonyi, the …

Kampala, Uganda | THE INDEPENDENT | FunaRide, a local ride-hailing firm, has unveiled a car-sharing service across the country as it seeks to grow its revenue stream. Unlike Uber and Bolt, the new app will connect drivers and passengers in the same area code heading to the same direction. Susan Mugyenyi, …

Kampala, Uganda | THE INDEPENDENT | Uganda’s economy is projected to grow at six per cent in the next financial year 2022/2023, according to the Minister of State for Finance in charge of General Duties, Henry Musasizi. Musasizi who was on Wednesday, 25 May 2022 appearing before the Committee on National …

| THE INDEPENDENT | Investors in the tourism sector have an opportunity to exploit out of the Uganda Development Bank and European Union partnership involving a Shs62bn facility, executives said on May 18. Representatives from the two partnering agencies openeda the call for entries for eligible businesses in the tourism …

Kampala, Uganda | THE INDEPENDENT |  Garage48 and the Estonia Centre for International Development in partnership with The Innovation Village have organized a two-day workshop in Kampala themed “Empowering the Start-up Community – (ESC)” to discuss ways in which ecosystem builders can revitalize their support to innovators and entrepreneurs’ needs …

Finance ministry expects the tax agency to collect Shs22.3trillion in FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Total tax collections for the nine months of FY2021/22 increased by Shs 1.4 trillion to Shs 15.4trillion compared to the same period last financial year, but fell short of the Shs16.5trillion target. The …