Business

  Potential global inflationary pressures, geopolitical tensions, and tightening global financial conditions  could pose upside risks to inflation Kampala, Uganda | THE INDEPENDENT | Uganda’s central bank has opted to maintain the Central Bank Rate (CBR) at 9.75%, signaling confidence in the stability of domestic inflation and economic activity despite global …

SpaceX’s internet service offers faster connectivity and plays a positive role in developing underserved regions by providing coverage to rural areas that previously lacked access. However, it employs few locals and faces regulatory issues ANALYSIS | PATRICIA R. BLANCO | The arrival of Starlink in Africa has shaken up the continent’s …

                       What does Trump’s victory in America mean for relations between the US and Africa in general, and between America and Uganda in particular? Good question, and it’s one that has certainly been discussed at length over the course of …

The project has potential to drive value addition and stimulate local economies, thereby boosting household incomes Kayunga, Uganda | THE INDEPENDENT | State-owned Uganda Electricity Generation Company Limited (UEGCL) has launched the 183MW Isimba Community Development Action Plan (CDAP) grid extension and reticulation project in Kayunga District, a transformative initiative aimed …

Kampala, Uganda | THE INDEPENDENT | Small and Medium Enterprises (SMEs) were given valuable insights into thriving in the digital economy at Glovo’s recent e-commerce day. The event, held in Kampala, aimed to empower businesses to leverage technology to reach a wider market and increase sales. Experts at the event highlighted …

Kampala, Uganda | Patricia Akankwatsa | The International Fund for Agricultural Development (IFAD) convened a high-level workshop on alternative financing for agricultural development, spotlighting innovative approaches to scaling private sector engagement. Held under the theme “Scaling Up Engagements with the Private Sector through the Yield Uganda Investment Fund Model,” the workshop …

Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda, the company behind the distribution and marketing of Shell-branded fuels and lubricants, has joined hands with Room to Read, a global nonprofit organisation focused on eliminating illiteracy and promoting gender equality. This strategic partnership aims to enhance educational opportunities for schoolchildren across …

KAMPALA, UGANDA | THE INDEPENDENT | Uganda is in a wait-and-see mode ahead of Donald Trump’s assumption of the US presidency next month. While Uganda’s trade with the US is minimal compared to global trade, the country has interests like worker’s remittances, and cash inflows in the form of development aid, …

Kampala, Uganda | THE INDEPENDENT | Ecobank Uganda bid farewell to its esteemed Board Chairman, Elias Kasozi Byekwaso, celebrating his outstanding leadership and enduring legacy. The farewell activities culminated in a high-profile dinner at the Pearl Restaurant, Serena Hotel, Kampala, attended by board members, staff, and stakeholders. A distinguished economist and …

KAMPALA, UGANDA | THE INDEPENDENT | Milk processor, Brookside Limited has emerged as a standout performer at the prestigious East African Community (EAC) Quality Awards, clinching the Product of the Year title for its ‘Dairy Best’ brand. The company also secured the position of First Runner-Up in the Best Company of …