Kampala, Uganda | THE INDEPENDENT | The Supreme Court in Kampala has dismissed businessman Humphrey Nzeyi’s appeal against the Bank of Uganda (BOU) and the government for the illegal takeover, sale, and subsequent liquidation of the National Bank of Commerce. The Supreme Court, presided over by seven justices led by …
Read More »Success story: How Mulaliira grew from local vendor to official Coca-Cola distributor
KAMPALA, UGANDA | THE INDEPENDENT | When David Mulaliira first weighed the risks of launching a softdrink distribution business, he knew he needed a partner whose reputation spoke for itself. As the owner of Vinegarden Enterprises, dealing in school supplies, construction materials, and consulting services, he had built small successes …
Read More »USAID demise threatens key health, climate gains in Africa
Clean cooking campaigns have been largely successful in Asia and Latin America, but efforts in Africa have been unable to outpace population growth ANALYSIS | LAURA MILLAN | The Trump administration’s gutting of the US Agency for International Development, with 80% of its programs now canceled, is a blow for clean …
Read More »Stanbic Bank’s Agutamba named Chairman of UBA Peer Committee on Communication
Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers Association (UBA) has named Kenneth Agutamba Stanbic Bank Uganda’s Country Manager for Reputation and Corporate communication as the new Chairperson of the Peer Committee on Marketing and Communication, succeeding DFCU’s Jude Kansiime. This committee plays a pivotal role in shaping collective …
Read More »Uganda’s Energy Convention 2025: A bold path forward for the sector
From promises to power, can Uganda turn dialogue into energy action? Kampala, Uganda | JULIUS BUSINGE | I had the privilege of attending the Energy Convention 2025 at Serena Hotel in Kampala, an event that wasn’t just a gathering—it was a critical conversation about Uganda’s energy future. The convention, held under …
Read More »Airtel Uganda contributes shs37.9 billion to National Connectivity Fund
KAMPALA, UGANDA | THE INDEPENDENT | Airtel Uganda has contributed UGX 37.9 billion to the Uganda Communications Universal Service and Access Fund (UCUSAF), marking a significant boost to the country’s digital inclusion efforts. The payment—equivalent to 2% of the telecom operator’s gross revenue for the financial year ending December 31, …
Read More »MTN Uganda contributes Shs50.55 billion to the National Connectivity Fund
KAMPALA, UGANDA | THE INDEPENDENT | MTN Uganda has announced a significant contribution of approximately Shs 50.55 billion to the Uganda Communications Commission’s Universal Service and Access Fund (UCUSAF). This marks the company’s largest annual contribution to date aimed at expanding telecommunication services and accelerating digital inclusion in underserved communities …
Read More »Uganda’s top banks post highest profits yet
The sector delivered a record performance in 2024, with industry-wide net profits surging 16% year-on-year to Shs1.6 trillion Kampala, Uganda | THE INDEPENDENT | Uganda’s banking sector delivered a record performance in 2024, with industry-wide net profits surging 16% year-on-year to Shs1.6 trillion ($420 million), buoyed by improved cost structures, asset …
Read More »Vivo Energy Uganda rewards 30 more drivers in week 5 of the ‘Omunene W’ekkubo’ campaign
KAMPALA, UGANDA | THE INDEPENDENT | Vivo Energy Uganda, the company distributing Shell-branded fuels and lubricants, continued its ‘Omunene W’ekkubo’ campaign by rewarding 30 drivers in the fifth weekly draw. The event, held at the New Taxi Park on Friday, May 9th, 2025, saw winners receive prizes including Shell FuelSave …
Read More »UAP Old Mutual launches online motor and travel insurance portals
KAMPALA, UGANDA | THE INDEPENDENT | UAP Old Mutual Insurance has officially launched its new online motor and travel insurance portals, marking a significant step forward in its digital transformation strategy, it said on May 14. These platforms are designed to streamline the insurance purchase process and offer customers a …
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