Business

Kampala, Uganda | THE INDEPENDENT | Uganda Chamber of Mines and Petroleum (UCMP) Board appointed Mr. Humphrey Asiimwe as the new Chief Executive Officer effective March 1, 2023. He spoke to JULIUS BUSINGE  about his management philosophy, plans for the organization, and the two sectors; excerpts: It is slightly over four …

St Petersburg, Russia | Xinhua |  In the first half of 2023, Chinese automakers sold more cars in Russia than the whole year of 2022, hitting a new high. According to figures released on Monday by Otkritie Auto, the auto business unit of Russia’s Otkritie Bank, 168,000 Chinese cars were …

Shareholders agree to increase remuneration for company chairman, directors by 20% Kampala, Uganda | JULIUS BUSINGE | Shareholders of dfcu limited voted overwhelmingly to increase the pay for the company chairman and directors during their 58th Annual General Meeting held at Serena Hotel on July 6. The virtual AGM, attended by …

Kampala, Uganda | THE INDEPENDENT | Global cloud communications firm, Infobip has announced deepening collaboration with Ugandan businesses to help them meet their customers on their preferred channels and boost return on investment. The firm says it is leveraging its omni-channel capabilities to aid companies deploy tools and technologies to help …

Kampala, Uganda | THE INDEPENNDENT | Airtel Business in partnership with Simplifi Networks and ISBAT University today organized the 3rd edition of the Simplifi Tech Talks themed “How does the Internet work?”. The edition, held at ISBAT University Auditorium was attended by university students, ICT enthusiasts, out-of-school youths, and community members …

Kampala, Uganda | THE INDEPENDENT | Coca-Cola Beverages Uganda (CCBU), Mukwano Industries, Harris International, Uganda Breweries Limited and PepsiCo/Crown Beverages (CBL) have joined forces with the aim of establishing a Producer Responsibility Organisation (PRO) in Uganda that will create a non-profit, industry-driven, and financed environmental solution for post-consumer plastic bottles, they …

  COMMENT | CLEVER NICHOLAS | Debt is not merely a financial burden; it can also take a toll on our emotional well-being. The psychology of debt delves into the complex interplay between money and our emotions, highlighting the emotional challenges that often accompany financial obligations. However, understanding these challenges …

Kampala, Uganda | THE INDEPENDENT | Traders in Kikuubo are expressing concern over a decline in sales due to intensified security checkups by the police in response to the UK terror alert. Security chiefs have implemented rigorous operations in downtown Kampala, particularly in the Kikuubo business area, to prevent any …

Merger of roads agency was supposed to take effect with new financial year Kampala, Uganda | IAN KATUSIIME | Seven months after the Uganda National Roads Authority (UNRA) was to have wound down and its mandate remerged with its mother Ministry of Works and Transport (MoWT) under a grandiose cost-cutting plan, …

Kampala, Uganda | THE INDEPENDENT | On July 7 Airtel Uganda, introduced VoLTE (Voice over LTE) on its 5G-Ready Network. With the launch of VoLTE, all Airtel customers, with compatible devices, can make clear calls on the 4G network because the call traffic is carried on the LTE network infrastructure, executvies …