Kenya’s real GDP is expected to pick up gradually in the medium term, with growth projected to increase from 4.5 percent in 2025 to about 5.0 percent in 2026–27 Nairobi, Kenya | THE INDEPENDENT | Kenya’s public debt remains at high risk of distress, with interest payments absorbing about a third …
Read More »Capital One Group hosts ESG Summit to advance Uganda’s sustainable business agenda
Kampala, Uganda | THE INDEPENDENT | Capital One Group successfully hosted the 2025 ESG Summit this week, bringing together Uganda’s leading voices in sustainability, business, and governance. This year’s summit was held under the theme “Driving Sustainable Growth Through ESG Integration,” providing a dynamic platform for engagement and knowledge sharing on …
Read More »How money lender in Mukono was lured to her death by client
Mukono, Uganda | THE INDEPENDENT | Hamida Mutesi Nalule, a renowned moneylender in Seeta Bajjo, Mukono Municipality, has been stabbed to death by a client owing her sh18 million. Nalule, according to Racheal Namwanje, loaned Elvis Katabaazi sh18 million last year, but the latter had never bothered to pay it …
Read More »South Africa wine industry bounces back
South Africa’s wine industry is bouncing back with a premium push and bolder export plays, favored by near-perfect weather. As global rivals falter, local producers are raising their glass to a standout 2025 harvest. SPECIAL REPORT | BIRD AGENCY |Favorable weather, better vineyard practices, and a strategic shift toward …
Read More »Health, education facilities get boost as ’21 Days of Y’ello Care’ initiative reaches Luwero
MTN Mobile Money expands 21 Days of Y’ello Care initiative to Luwero, championing digital agribusiness and health access Luwero, Uganda | THE INDEPENDENT | MTN Mobile Money Uganda Ltd on Thursday extended its 2025 edition of the 21 Days of Y’ello Care campaign to Luwero District, marking the second major …
Read More »Museveni praised army for rise in fish production
While Museveni praised the Fisheries Protection Unit for restoring fish production, there has been public outcry over brutal operations. Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni said that the total value of fish catches from the water bodies and exports has steadily increased since the government deployed forces …
Read More »PostBank hits record profit, to rebrand to Pearl Bank
Shareholder Commends PostBank for Being a Profitable Government Entity and Registering Ushs. 35.4 billion PAT in 2024 Financials Kampala,Uganda | THE INDEPENDENT | Shareholders have hailed PostBank for being among the top 10 performing banks in the country and seconded its rebranding to Pearl Bank. The highlight of the bank’s solid performance …
Read More »COFFEE: African countries enhance positions in global industry
NAIROBI, KENYA | Xinhua | The call for Africa to move beyond being merely a supplier of raw materials in the global coffee industry is growing stronger in coffee-producing countries like Kenya, Ethiopia and Uganda. One of Kenya’s strategies to achieve this goal has been the formation of smallholder coffee …
Read More »Launch of ‘Private Wealth’ marks new era for Ugandan investment culture
Kampala, Uganda | THE INDEPENDENT | Old Mutual Uganda has officially launched Private Wealth, a new offering designed to help Ugandans manage, grow, and protect their assets, particularly in legacy and estate planning. The launch marks a significant milestone in the country’s evolving investment culture, as more Ugandans begin to …
Read More »Housing Finance earns national recognition for advancing agriculture, small business recovery
Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank received two prestigious national awards in recognition of its critical role in strengthening Uganda’s economic resilience. The Bank was honored by the Bank of Uganda with the Agricultural Credit Facility (ACF) Award and the Small Business Recovery Fund (SBRF) Award. These …
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