Kampala, Uganda | THE INDEPENDENT | The COMESA Competition Commission together with Fidelis Leadership Institute have launched a training program on consumer protection and competition laws, amidst calls for the implementation of the relevant laws in Uganda. Recently, President Yoweri Museveni assented to the Competition Act 2023 but it is yet …
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COMMENT | GEORGE ORODI | As a young graduate, when I was being introduced into the circles of trade and tax, my CEO then, Kaushik Shah made me attend some of the key meetings at the Kenya Association of Manufacturers and I would later grow to chair a sub-committee on regional trading bloc configuration and a member of …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector activity picked up in April amidst prolonged traders’ strike over the government’s enforcement of the Electronic Fiscal Receipting and Invoicing Solutions, a new business survey shows. The Stanbic Bank Purchasing Managers’ Index (PMI) rose to 52.6 in April from 49.3 a month …
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Kampala, Uganda | THE INDEPENDENT | Vivo Energy Ugand has announced its continued partnership as the title sponsor of the Shell V-Power Annual Pearl of Africa Uganda Rally, scheduled to take place from 10th to 12th May 2024 in Jinja. The company, a, the marketer and distributor of Shell-branded fuels and …
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Kampala, Uganda | THE INDEPENDENT | The failure of Savings and Credit Co-operatives (SACCOs) and Microfinance Institutions (MFIs) to comply with Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) regulations poses a significant threat to Uganda’s financial integrity on the global stage. Despite being obligated to adhere to AML/CFT regulations like banks, …
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Kampala, Uganda | THE INDEPENDENT | NCBA Bank Uganda has reported a net profit of Shs27 billion, representing a 17% increase in 2023 from the previous year’s performance of Shs23 billion. The growth was supported by a surge in customer deposits, which rose to Shs567 billion in 2023 up from Shs491 …
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Lessons from Uganda and Tanzania on how universities can support this Kampala, Uganda | DAVID SSEKAMATTE | There is no doubt about it: the world is in the grips of a climate crisis. The headlines are full of reports about extreme weather events and the negative effects of the fossil fuel …
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Kampala, Uganda | AGENCIES | Telecom firm, Airtel Africa is in talks for a $200 million loan from the International Finance Corporation (IFC), the World Bank’s arm focused on financing private sector ventures in emerging markets. The African subsidiary of Bharti Airtel plans to utilize the funds to cover its capital …
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COMMENT | FLAVIA LWANGA | Imagine conducting a performance review of over 1,000 employees, and maintaining their performance records manually for reference, this can be a daunting task that not only strains resources but also the task force that manages the process. We can’t deny the fact that this is …
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The “Beera Steady, Be Better” campaign has led to an 86% reduction in fraud incidences Kampala, Uganda | JULIUS BUSINGE | Fintech firms, MTN Mobile Money Uganda Ltd and Airtel Money Commerce Uganda Ltd, have collectively reported a remarkable Shs 452.7 billion in profit after tax for the year ended December …
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