Business

There is no path to a green, just, and prosperous shared future that does not have Africa at its core Kampala, Uganda | THE INDEPENDENT | Africa bears virtually no responsibility for the greenhouse-gas emissions driving the climate crisis. It is not responsible for the conflicts or supply-chain disruptions that have …

Kampala, Uganda | THE INDEPENDENT | CityBlue Hotels, Africa’s fastest-growing local hotel chain, is pleased to announce the signing an agreement between Diar Hospitality and The Emin Pasha Hotel commencing June 2023, a prestigious and luxurious hotel located in the heart of Kampala. In a June 13 media release, executives said, …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda in partnership with Uganda Small Scale Industries Association donated equipment including a bread mixer, baking table, baking raw materials, computers, and internet connectivity for a year worth Ugx10 million to Mulungi Confectionary and Skilling Center in Mukono District. This donation is part of …

­  Nairobi, Kenya | THE INDEPENDENT | Aavishkaar Capital (Aavishkaar), an Aavishkaar Group company and a global pioneer in taking an entrepreneurship-based approach to scaling businesses for impact, in partnership with KfW, a German state-owned investment and development bank, has unveiled a second investment from the ESG First Fund in …

Government to slap taxes on online services without a plan for device uptake Kampala, Uganda | JULIUS BUSINGE | Finance Minister, Matia Kasaija’s decision to impose a value-added tax on digital services without creating an enabling environment for the population to access internet-enabled devices such as smartphones reveals a disconnect between …

  Hoima, Uganda | THE INDEPENDENT | On June 17, Diamond Trust Bank opened a new branch in Hoima, along Main Street Hoima City in the mid-Western region of Uganda. The opening of the Hoima branch brings DTB Uganda’s branch network to 36.  This comes in line with the bank’s …

Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank (UDB)has committed to scaling up its interventions with the 2023/23 national budget allocation to the Bank. The allocation to the  the country’s national development finance Institution was announced during the 2023/24 budget reading by the Minister of Finance, Planning and Economic Development,  …

Kampala, Uganda | THE INDEPENDENT | On June 15 SHONA and Biovision Foundation launched The Neycha Accelerator and Fund (Neycha) to identify and partner with growth-oriented Agroecological Enterprises (AEEs) in Uganda and Kenya, providing them with the capacity, capital, and connections they need to grow their impact and businesses. By supporting …

Kampala, Uganda | PATRICIA AKANKWATSA | UAP Life Umbrella Retirements benefits scheme held a hybrid Annual General Meeting on 16th June 2024 where they declared 12.7% interest. The annual general meeting was opened by Ramlah Nantongo, on behalf of the scheme Trustee, KCB Bank who welcomed the online and the physical …

Masaka, Uganda | THE INDEPENDENT | Uganda Baati Limited has officially launched its 13th showroom in Masaka City.  According to officials, this is a strategic move by the company, aiming to bring its products and services closer to customers while catering to the growing demand for long-lasting and quality building …