Business

Mbarara, Uganda | THE INDEPENDENT | Peter Rwabunyegera, an Official Coca-Cola Distributor (OCCD) with Coca-Cola Beverages Uganda (CCBU), is celebrating a remarkable journey of growth and resilience as he marks a decade of operation in Mbarara. Rwabunyegera’s distribution journey began in October 2013 at Kizungu Market, Mbarara. What started as …

  Kampala, Uganda | THE INDEPENDENT | The Minister of State in the Ministry of Trade, Industry and Cooperatives, David Bahati, has asked commercial institutions to establish innovative financing solutions for the manufacturing sector in a bid to boost its growth. This, he said while officiating the Uganda Manufacturers Association (UMA) …

Kampala, Uganda | THE INDEPENDENT | Kansai Plascon Uganda has donated sh25 million worth of paint to the Naguru Reception Centre, a government institution housing and rehabilitating vulnerable children. The donation, made in partnership with the Rotary Club of Kololo, will facilitate the refurbishment of the center, creating a more …

INTERVIEW | Big tech sharing economy platforms like Airbnb and Uber are marketed as trustworthy, but a new book by a South African media scholar argues that they are highly vulnerable to scammers who spread delusive speech (a form of disinformation, designed to deceive by criminal intent). Julie Reid draws from …

Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has dismissed an application by Roko Construction Company seeking to block the execution of a court order requiring it to pay over sh1.5 billion to Pramukh Steel Limited.  In her ruling, Justice Dr. Ginamia Melody Ngwatu said Roko had …

    NCBA’s 2024 financial results demonstrated robust and consistent growth across key indicators. Net loans and advances increased by 18%, rising from Shs253 billion to Shs298 billion, while customer deposits grew by 15% to Shs654 billion. Profit before tax surged by an impressive 40%, climbing from Shs 32 billion …

The company eyes to connect 225,000 new customers over the next eight months through its 100 service centers Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Distribution Company Limited (UEDCL) is investing Shs267.5 billion ($74 million) to refurbish electricity lines, install over 518 transformers, and construct new substations in a …

Toronto, Canada | TIMOTHY SNYDER |  Over the past two months, financial investors have hit upon a new trading strategy, based on a simple rule: TACO – Trump Always Chickens Out. America’s president threatens to slap massive import tariffs on friends and foes alike, or to remove the Federal Reserve …

Kenya’s real GDP is expected to pick up gradually in the medium term, with growth projected to increase from 4.5 percent in 2025 to about 5.0 percent in 2026–27 Nairobi, Kenya | THE INDEPENDENT | Kenya’s public debt remains at high risk of distress, with interest payments absorbing about a third …

Kampala, Uganda | THE INDEPENDENT | Capital One Group successfully hosted the 2025 ESG Summit this week, bringing together Uganda’s leading voices in sustainability, business, and governance. This year’s summit was held under the theme “Driving Sustainable Growth Through ESG Integration,” providing a dynamic platform for engagement and knowledge sharing on …