Business

Kampala, Uganda | THE INDEPENDENT | Buganda’s Premier Charles Peter Mayiga has called for planning for development accruing from the oil and gas sector before the resources get out the ground. The Katikiro and some members of his cabinet spent three days this week touring oil and gas infrastructural developments like …

Kampala, Uganda | THE INDEPENDENT | The National Agricultural Advisory Services- NAADS’ newly instituted nucleus farmer strategy has boosted the planting of two high-value crops; macadamia nuts, and avocado. The two crops are a new addition to Uganda’s agribusiness sector, and are highly cherished due to their economic potential, thanks to …

Kampala, Uganda | THE INDEPENDENT | Ubuntu Towers Uganda has announced the successful completion of its rebranding to TowerCo of Africa Uganda, which is 90% owned by TowerCo of Africa (TOA), a fully owned subsidiary of AXIAN Telecom. Under a new identity, the company will forge ahead with its journey towards …

Kampala, Uganda | THE INDEPENDENT | Airtel Mobile Commerce Uganda Limited (AMCUL), in partnership with TerraPay, has announced the introduction of seamless cross-border merchant payments within the United Arab Emirates, effective July 21, 2023. Starting today, anyone accessing any of the seven emirates: Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, …

Global mobility report unveils unexpected leader in open-border policy — Africa, with Burundi as the most visa-friendly nation in the world for international travel. SPECIAL REPORT | BIRD AGENCY | African states are leading the global travel sector’s recovery, boasting 12 out of the top 20 most open countries for …

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has today (July 19) unveiled the Absa Mobi Tap functionality, which allows Micro, Small, and Medium-Sized Enterprises to use their smartphones as Point-of-Sale machines. The functionality was unveiled during a launch event held at the National Theatre and will enable small …

Kampala, Uganda | PATRICIA AKANKWATSA | VISA, a global leader in digital payments, has joined forces with the Uganda Bankers Association (UBA) to spearhead an innovative training program aimed at accelerating the growth of contactless payments in Uganda. With a shared vision of advancing financial inclusion and promoting secure, convenient payment …

Kampala, Uganda | THE INDEPENDENT | The Ruparelia Group has said the construction of the unique 4400-seater Speke Resort Convention Centre is proceeding as planned. It is set to be completed in time for the 19th Summit of the Non-Aligned Movement (NAM) scheduled for January 2024 in Kampala, Uganda. The …

Kampala, Uganda | THE INDEPENDENT | Divine Nabaweesi abandoned her real estate business to venture into bamboo growing and processing it into various types of handicrafts. Seven years later, at her Divine Bamboo Group Ltd (DBGL) based at Najjeera in Kira Municipality, Wakiso District is part of the sustainable energy …

Second Annual Meeting of Africa Sovereign Investors Forum Kampala, Uganda | AGENCIES | African Development Bank Vice President for Private Sector, Infrastructure, and Industrialisation Solomon Quaynor has called for unity to unlock the potential of African sovereign wealth funds, strategic investment funds, pensions, and life insurance assets, estimated at $2.3 trillion. …