Wednesday , November 13 2024

Business

Business news

Barclays Uganda re-brands, changes to Absa colours

Kampala, Uganda | THE INDEPENDENT | Barclays bank Uganda has started pulling down its old company branding, changing colors and name to Absa. The bank’s branch at Lugogo has already seen the blue color ditched and re-branded with maroon and red colors and name changed from Barclays to Absa. Robinah …

Read More »

Uganda’s coffee, maize, beans exports fall

🇺🇬 Export earnings ⬆               2017/18 – 2018/19 Gold 🥇 US$343m – US$1,068m Fish 🐠   US$146m – US$185m Tobacco US$54m  – US$85m Cocoa B  US$58m – US$73m 🇺🇬 Export earnings ⬇                2017/18       2018/19 Coffee☕ US$492m  …

Read More »

Silent ‘War’ as banks take insurance broker’s profits

Kampala, Uganda | THE INDEPENDENT | Commercial banks’ written premiums from insurance are on steady increase hardly three years after the banking law allowed banks to distribute insurance. The Insurance Regulatory Authority says the insurance premiums from Bancassurance now stand at slightly above twenty-six billion Shillings from zero in August 2017 …

Read More »

Report warns of highly contaminated Uganda tomatoes

Kampala, Uganda | THE INDEPENDENT | Up to eight harmful pesticide contaminants have been found in tomatoes sold in major markets in Kampala and other parts of Uganda. The study by the Uganda National Association of Community and Occupational Health – UNACOH was done in 18 districts of Uganda under …

Read More »

Japan offers sh88billion grant to improve Kampala traffic

Kampala, Uganda | THE INDEPENDENT | The Uganda government has today signed a grant agreement with Japan for sh88.6 billion project to help improve traffic control in Kampala. Minister of Finance Matia Kasaija signed the grant aid agreement with the Japanese Ambasador Kazuaki Kameda . The grant  will be spent on constructing …

Read More »