Kampala, Uganda | THE INDEPENDENT | Centenary Group, the parent company to the leading commercial microfinance bank in Uganda, Centenary Bank, on Saturday celebrated its 40th anniversary with a lavish event to commemorate its four-decade impact on the Ugandan financial sector. Having transformed from a small credit trust in 1983, …
Read More »City House fire paralyses CBD, one Killed
Kampala, Uganda | THE INDEPENDENT | The police have confirmed the death of one person after a fire gutted City House on Luwum Street. According to eyewitnesses, the fire started at 9:15 am in the basement, which houses California Bar and other restaurants. The fire then spread to the third …
Read More »UWEAL awards women in business
Kampala, Uganda | THE INDEPENDENT | The Uganda Women Entrepreneurs Association Limited (UWEAL) recently hosted the Annual Business Achievers; Awards and Gala Dinner in Kampala marking the culmination of the Month (November) of Women Entrepreneurs (MOWE), dedicated to celebrating and empowering women in business. MOWE is a month-long initiative designed to …
Read More »DTB partners with KACITA
Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank Uganda and Kampala City Traders Association (KACITA) have entered a partnership to boost traders’ business with the sustainability aspect being top on the agenda. The partnership was announced at a news conference at KACITA Head offices in Kampala today. The partnership aims …
Read More »BoU keeps interest rates unchanged
Since the last MPC in October, new data has shown that amidst a surge in fuel prices, inflation has continued to slow down Kampala, Uganda | THE INDEPENDENT | On Dec.6, the Bank of Uganda (BoU) kept the central bank rate unchanged and promised to keep monitoring inflation and ensuring the …
Read More »Airtel Africa at COP28
Kampala, Uganda | THE INDEPENDENT | Group CEO of Airtel Africa plc, Segun Ogunsanya, has reaffirmed the importance of an enabling policy environment for sustainable development and climate action in partnership with Africa’s private sector at COP28. Ogunsanya, a member of the United Nations Global Compact’s African Business Leaders Coalition (ABLC), …
Read More »Alcohol dealers cite loopholes in new bill
The issue of alcohol has an economic, social and health impact on society and we must strike a balance in the bill Kampala, Uganda | THE INDEPENDENT | The Uganda Alcohol Industry Association has brought to the attention of the Minister of State for Investment Evelyn Anite and the Minister of …
Read More »MTN Uganda empowers 1,400 learners with special needs
Kampala, Uganda | THE INDEPENDENT | MTN Foundation’s Digital Access for Inclusion program has opened the doors of technology to nearly 1,400 learners with disabilities across five schools in Uganda this year, marking a significant investment of Shs800 million. The impact of the program reverberates across different regions, with Salama School …
Read More »23rd EAC trade fair opens new market horizons for artisans
DAR ES SALAAM, TANZANIA | Xinhua | The opening ceremony of the 23rd edition of the East African Community (EAC) Micro, Small and Medium Enterprises (MSMEs) trade Fair was held on Friday in the Burundian capital Bujumbura, said a statement. The statement by the EAC headquarters in Tanzania’s northern city …
Read More »Experts Concerned About Unutilised UGX 200b SME Recovery Funds
Kampala, Uganda | THE INDEPENDENT | Small and medium-scale enterprises are still experiencing an increase in the cost of production and inputs, even as COVID-19 is long gone. This is according to the results of a survey done by the Economic Policy Research Centre (EPRC) meant to among others assess business …
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