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Importance of expanding financial solutions for economic growth in Uganda

COMMENT | Gloria Kunihira Mujuni | Access to finance is a fundamental pillar for economic growth, yet many individuals, small businesses, and educational institutions in Uganda struggle with limited financial options. As Uganda continues to experience economic expansion, the role of financial institutions in providing diverse financial solutions—such as unsecured …

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BLACK: Uganda’s homegrown tech revolution

TECH NEWS | THE INDEPENDENT | In a world where technology drives lifestyles, BLACK has emerged as a proudly Ugandan brand redefining audio and wearable electronics. As Uganda’s first Direct-to-Consumer (D2C) audio and wearables brand, officials say BLACK  is not just about innovation— “it’s about celebrating the creativity, resilience, and …

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ICEA LION and Post Bank reward best teller with trip to Dubai

Kampala, Uganda | THE INDEPENDENT  | Barbra Amuge, a teller at Post Bank Kawempe Branch, has been named as the winner of this year’s Bancassurance Award that is run by ICEA LION Life Assurance and Post Bank. Amuge’s outstanding performance earned her an all-expenses-paid trip to Dubai, a well-deserved recognition of her dedication …

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Chinese private firms make progress in 2024 foreign trade

BEIJING | Xinhua |  China’s private enterprises remained the leading category of foreign trade operators in the country for a sixth straight year, making notable achievements in foreign trade in 2024, according to the General Administration of Customs. These achievements include the number of private enterprises that conducted import-export activities …

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Ecobank Uganda strengthens SME ties with consultative workshop

KAMPALA, UGANDA | THE INDEPENDENT | Ecobank Uganda recently hosted a successful Small and Medium Enterprises (SME) Consultative Breakfast Workshop at the Sheraton Hotel, bringing together over 80 key SME clients and bank staff. The event, organized by Ecobank Transnational Incorporated’s Ugandan subsidiary, aimed to enhance business relationships and showcase …

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2024 REPORT: UDB approved 171 projects, set to create 17,832 jobs

 UDB posts robust performance for 2024; hailed for supporting Bwera School of Nursing and Midwifery  Kasese, Uganda | THE INDEPENDENT | Uganda Development Bank Limited (UDB) has reported significant year-on-year growth for 2024, showcasing robust performance across key metrics, characterized by healthy asset quality and increased development impact throughout the country. …

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