Kampala, Uganda | THE INDEPENDENT | Key stakeholders of the Ugandan financial ecosystem have agreed to concrete steps to boost financial inclusion in the country. This commitment was announced at the end of a 2-day Scale2Save event in Kampala entitled “Building resilience and economic empowerment for women and youth” which …
Read More »LIVE: The Tumusiime Mutebile public lecture at Makerere
Kampala, Uganda | THE INDEPENDENT | Makerere University today hosts the inaugural Tumusiime-Mutebile Annual Public Lecture. The keynote speaker is Finance Permanent Secretary Ramathan Ggoobi. LIVE VIDEO Share on: WhatsApp
Read More »Uganda’s 2022-2023 budget to focus on economic recovery
Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance says the budget for the financial year 2022/2023 will mainly focus on addressing health and economic challenges presented by the COVID-19 global pandemic, among other key issues. Presenting a statement to the Budget Committee on Wednesday, 27 April 2022, the Minister of …
Read More »Finance Minister, AG defend contentious coffee deal
Kampala, Uganda | THE INDEPENDENT | The Attorney General Kiwanuka Kiroywa and Finance Minister Matia Kasaija have defended the controversial coffee contract between the Government and the Italian investor that has ruffled feathers since last month. While appearing before the parliamentary committee on Trade, Tourism and Industry chaired by Mbarara city south …
Read More »Rwanda recovering strongly from pandemic, says Bank of Kigali CEO
Diane Karusisi, CEO of Bank of Kigali, Rwanda’s largest commercial bank by assets, speaks about the country’s growth outlook and its plans to become an international finance hub. What is your perspective on the outlook for the Bank of Kigali, and by extension, for Rwanda? As of September 2021, our …
Read More »Afreximbank records 10% growth in profit to $387.3 million
The bank’s next focus is on delivering on the priorities set under its new strategic plan Kampala, Uganda | ISAAC KHISA | Pan-African multilateral lender, African Export-Import Bank, recorded a 10% growth in profit for the year 2021 to $387.3 million, demonstrating a strong and resilient growth. The inclusion of …
Read More »Uganda Clays to venture into bricks market
The firm is now eying NSSF savers, banks and Sacco’s to spearhead growth Kampala, Uganda | ISAAC KHISA | Uganda Clays Ltd is venturing into production of bricks, thanks to the improved technology and the booming construction sector. The firm’s executives claim the new brick will lower construction costs compared …
Read More »Elon Musk now owns Twitter
San Francisco, U.S. | THE INDEPENDENT | The Twitter, Inc. will take an offer of $44billion from billionaire, Tesla CEO Elon Musk. He will buy the social media company and make it private, it was confirmed on Monday. “Free speech is the bedrock of a functioning democracy, and Twitter is the …
Read More »LYEC: First elephant monument unveiled in Gulu City
Gulu, Uganda | THE INDEPENDENT | A symbolic elephant monument was unveiled Friday in Gulu City in honour of the cultural significance of the creature to the Acholi people. The monument, installed with funding from Uganda Breweries was unveiled by the Chief Justice of Uganda, Justice Alfonse Owiny-Dollo and His …
Read More »WSBI’s inclusive savings knowledge sharing conference set for Kampala
Kampala, Uganda | THE INDEPENDENT | The World Savings and Retail Banking Institute (WSBI) through its financial inclusion programme, Scale2Save, is holding a 2-day conference on 27 – 28th April 2022, at the Kampala Serena Hotel. The conference will discuss the importance of inclusive financial services for Ugandan women, youths and …
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