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Visa issues fraud alert ahead of holiday shopping

In the Holiday Edition Threats Report, Visa anticipates threat actors will use advanced schemes to exploit consumers’ information during the holiday season and shares tips and tricks for safe transactions Kampala, Uganda | THE INDEPENDENT | Digital payment firm, Visa Inc. has released a new report predicting a surge in shopping …

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Centenary Group marks 40 years

Kampala, Uganda | THE INDEPENDENT |  Centenary Group, the parent company to the leading commercial microfinance bank in Uganda, Centenary Bank, on Saturday celebrated its 40th anniversary with a lavish event to commemorate its four-decade impact on the Ugandan financial sector. Having transformed from a small credit trust in 1983, …

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City House fire paralyses CBD, one Killed

Kampala, Uganda | THE INDEPENDENT |  The police have confirmed the death of one person after a fire gutted City House on Luwum Street. According to eyewitnesses, the fire started at 9:15 am in the basement, which houses California Bar and other restaurants.   The fire then spread to the third …

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UWEAL awards women in business

Kampala, Uganda | THE INDEPENDENT | The Uganda Women Entrepreneurs Association Limited (UWEAL) recently hosted the Annual Business Achievers; Awards and Gala Dinner in Kampala marking the culmination of the Month (November) of Women Entrepreneurs (MOWE), dedicated to celebrating and empowering women in business. MOWE is a month-long initiative designed to …

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DTB partners with KACITA

Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank Uganda and Kampala City Traders Association (KACITA) have entered a partnership to boost traders’ business with the sustainability aspect being top on the agenda. The partnership was announced at a news conference at KACITA Head offices in Kampala today. The partnership aims …

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BoU keeps interest rates unchanged

Since the last MPC in October, new data has shown that amidst a surge in fuel prices, inflation has continued to slow down Kampala, Uganda | THE INDEPENDENT | On Dec.6, the Bank of Uganda (BoU) kept the central bank rate unchanged and promised to keep monitoring inflation and ensuring the …

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Airtel Africa at COP28

Kampala, Uganda | THE INDEPENDENT | Group CEO of Airtel Africa plc, Segun Ogunsanya, has reaffirmed the importance of an enabling policy environment for sustainable development and climate action in partnership with Africa’s private sector at COP28. Ogunsanya, a member of the United Nations Global Compact’s African Business Leaders Coalition (ABLC), …

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Alcohol dealers cite loopholes in new bill

The issue of alcohol has an economic, social and health impact on society and we must strike a balance in the bill Kampala, Uganda | THE INDEPENDENT | The Uganda Alcohol Industry Association has brought to the attention of the Minister of State for Investment Evelyn Anite and the Minister of …

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