Business

Kampala, Uganda | THE INDEPENDENT | Electric mobility in Uganda is getting popular as commercial players join in to promote e-vehicles, the latest entrant being the Mandela Group, whose luck customers have been rewarded electric car donations. City Oil, a subsidiary of the Mandela Group, has partnered with Linglong Tyres to …

Africa is forecast to create 1.5 million new BPO jobs over the next six years, with South Africa, Kenya, and Egypt poised to benefit ANALYSIS | LENNOX YIEKE | The business process outsourcing (BPO) sector in Africa – currently employing 1.2 million full-time equivalents across more than 400 contact centres handling …

Kampala, Uganda | THE INDEPENDENT | CFAO Mobility Uganda has unveiled the latest addition to the Toyota Land Cruiser family, the All-New Land Cruiser Prado “250 series”. According to a statment from CFAO, “This model, which marks a significant milestone in the evolution of the iconic Land Cruiser, is designed …

  Farmers in Arua Gain Value Addition Skills Under s Agri-SME Skills Development Programme  Arua, Uganda | THE INDEPENDENT |  To enable them explore trade opportunities across the region, more than 150 cassava farmers and SMEs involved in different stages of the value chain in Arua District have gone through …

The government has raised the budget allocation for the extractive sector by 92% to Shs961 billion for this financial year Kampala, Uganda | THE INDEPENDENT | Small and Medium Enterprises (SMEs) have been encouraged to bolster their operational capabilities to fully leverage opportunities within the oil and gas sector. This call …

Kampala, Uganda | THE INDEPENDENT | The Principal Judge, Flavian Zeija, has called for stiffer laws and penalties for fraud offenses, especially for repeat offenders. Speaking at the Second Fraud Forum by the Uganda Bankers Association in Kampala, Justice Nzeija said fraudsters in Uganda found it easy to stay in …

Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, African Export-Import Bank has unveiled a capacity development program aimed at empowering African corporates to leverage the opportunities offered by the African Continental Free Trade Area (AfCFTA). This initiative, spearheaded by Afreximbank Academy (AFRACAD) in partnership with the AfCFTA Secretariat, is designed …

               Kampala, Uganda | THE INDEPENDENT |  Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution and the Best Bank in East Africa 2024, has today announced its 2023 annual performance, highlighting its continued role in fostering economic resilience and sustainable growth across key sectors of the economy. In …

Kampala, Uganda | THE INDEPENDENT | Forty of the best university students in Uganda are set to start a six-month incubation program to enhance their technology, innovation and managment skills courtesy of Equity Bank Uganda. The students are set to embark on transformative training and mentorship at the newly launched Equity …

Kampala, Uganda | THE INDEPENDENT | James Onyutta, Managing Director, of FINCA Uganda, gathering data about customer preferences, market trends, and industry dynamics, can help businesses make decisions based on facts rather than assumptions or intuition. “Using research has opened our eyes to many opportunities and helped us solve numerous business …