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How climate, transparency can unlock scarce capital

Kampala, Uganda | THE INDEPENDENT | Financial and accounting professionals have tipped entrepreneurs on improved transparency, environment and human rights as key to enabling access to needed affordable and long-term capital. This comes as sources of patient capital seem to be dwindling and becoming more selective, hence difficult to acquire, …

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OPEC: Global oil demand unchanged for 2025, 2026

VIENNA,  | Xinhua | The Organization of the Petroleum Exporting Countries (OPEC) said on Monday it would keep its forecasts for global oil demand growth unchanged at 2.9 percent for 2025 and 3.1 percent for 2026. In its latest monthly oil market report, OPEC projected a year-on-year increase of 1.3 …

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Turning Wheels, Changing Lives: Transformative power of dfcu Bank vehicle and asset financing

How dfcu Bank is powering Uganda’s asset ownership revolution and unlocking economic potential in Uganda COMMENT | GLORIA SSUUNA NAMUTEBI | In today’s economy, owning a productive asset—a vehicle, a motorcycle, or a piece of machinery—is more than a convenience. It’s a catalyst for financial independence, business growth, and generational wealth. …

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Small insurance firms urged to merge or sell

Kampala, Uganda | THE INDEPENDENT | The Insurance Regulatory Authority has advised smaller companies to merge with others so as to make the insurance industry stronger and better. Uganda today has eight life insurance companies and 10 non-life insurance providers licensed, and these recorded a total of sh1.76 trillion in …

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PS Ggoobi: Not a free ride to $500 billion economy

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several challenges and that things that must be done in the right way. The strategy …

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