Yo Waste has developed a mobile app that allows bar owners and event organizers to notify them about the type and location of available glass waste for pickup. Jinja, Uganda | THE INDEPENDENT | Waste management startup Yo Waste has partnered with Nile Breweries Limited (NBL) to scale up the …
Read More »aBi Development hosts stakeholder meeting to empower young women in coffee agriculture
Kampala, Uganda | THE INDEPENDENT | aBi Development Ltd, in collaboration with the Mastercard Foundation, convened a high-level stakeholder engagement at the Kampala Serena Hotel on Tuesday to galvanise support for empowering young women entrepreneurs in agriculture through Uganda’s coffee sector. The gathering brought together representatives from government, the private …
Read More »Success story: Distributor thrives through Coca-Cola Beverages Uganda partnership
Mbarara, Uganda | THE INDEPENDENT | Peter Rwabunyegera, an Official Coca-Cola Distributor (OCCD) with Coca-Cola Beverages Uganda (CCBU), is celebrating a remarkable journey of growth and resilience as he marks a decade of operation in Mbarara. Rwabunyegera’s distribution journey began in October 2013 at Kizungu Market, Mbarara. What started as …
Read More »Minister Bahati tips commercial institutions on innovative financing solutions for manufacturing sector
Kampala, Uganda | THE INDEPENDENT | The Minister of State in the Ministry of Trade, Industry and Cooperatives, David Bahati, has asked commercial institutions to establish innovative financing solutions for the manufacturing sector in a bid to boost its growth. This, he said while officiating the Uganda Manufacturers Association (UMA) …
Read More »Kansai Plascon donates sh25 million in paint to Naguru Reception Centre
Kampala, Uganda | THE INDEPENDENT | Kansai Plascon Uganda has donated sh25 million worth of paint to the Naguru Reception Centre, a government institution housing and rehabilitating vulnerable children. The donation, made in partnership with the Rotary Club of Kololo, will facilitate the refurbishment of the center, creating a more …
Read More »Airbnb scams: new book explores thriving criminal activity on big tech platforms
INTERVIEW | Big tech sharing economy platforms like Airbnb and Uber are marketed as trustworthy, but a new book by a South African media scholar argues that they are highly vulnerable to scammers who spread delusive speech (a form of disinformation, designed to deceive by criminal intent). Julie Reid draws from …
Read More »Court throws out Roko bid to halt sh1.5 billion recovery
Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has dismissed an application by Roko Construction Company seeking to block the execution of a court order requiring it to pay over sh1.5 billion to Pramukh Steel Limited. In her ruling, Justice Dr. Ginamia Melody Ngwatu said Roko had …
Read More »NCBA celebrates 2024 performance, unveils new head office
NCBA’s 2024 financial results demonstrated robust and consistent growth across key indicators. Net loans and advances increased by 18%, rising from Shs253 billion to Shs298 billion, while customer deposits grew by 15% to Shs654 billion. Profit before tax surged by an impressive 40%, climbing from Shs 32 billion …
Read More »UEDCL commits Shs 267.5 bn to network overhaul
The company eyes to connect 225,000 new customers over the next eight months through its 100 service centers Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Distribution Company Limited (UEDCL) is investing Shs267.5 billion ($74 million) to refurbish electricity lines, install over 518 transformers, and construct new substations in a …
Read More »America’s weak strongman
Toronto, Canada | TIMOTHY SNYDER | Over the past two months, financial investors have hit upon a new trading strategy, based on a simple rule: TACO – Trump Always Chickens Out. America’s president threatens to slap massive import tariffs on friends and foes alike, or to remove the Federal Reserve …
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