Business

Kampala, Uganda | THE INDEPENDENT | Plastic waste will be put to good use as an alternative fuel in cement production thanks to a new three-year partnership between Coca-Cola Beverages Uganda (CCBU) and Hima Cement Limited announced on Nov.17 in Kampala. CCBU will provide Hima Cement access to plastic waste from …

Kampala, Uganda | THE INDEPENDENT | Top national economic statistics generating agencies have come together to form a single platform that would ensure accurate and more acceptable indicators. Apart from the Uganda Bureau of Statistics (UBOS), the other major producers of national statistics are the Bank of Uganda (BOU) and …

Kampala, Uganda | THE INDEPENDENT | African Export-Import Bank has clinched the prestigious “Sustainable Deal of the Year” award for its groundbreaking efforts in establishing the Liquidity and Sustainability Facility (LSF). This recognition, presented by Uxolo Global 2023: Development and Impact Finance and co-hosted by TXF, celebrates Afreximbank’s role in enhancing …

Uganda is setting up numerous infrastructure projects including pipeline, oil processing facilities and airport among others for its nascent oil and gas resources ahead of production Kampala, Uganda | THE INDEPENDENT | MTN Uganda is positioning itself to harness the opportunities presented by the oil and gas sector with substantial investments …

Latest data from the Petroleum Authority of Uganda shows that the country has a minimal emission rate of greenhouse gases, accounting for only 0.02% of global greenhouse gas emissions Kampala, Uganda | JULIUS BUSINGE | Uganda’s non-governmental organizations (NGOs) are advocating for sustainable oil and gas development to safeguard the environment, …

Kampala, Uganda | THE INDEPENDENT | Reckitt has showcased its dominance at this year’s People’s Choice Awards, a gala event held in Kampala. Four of Reckitt’s esteemed brands, Dettol, Harpic, Mortein, and Jik stood out, earning recognition as the best in their respective categories. Dettol antibacterial soap, a flagship product of …

An expert view on why and how to reverse it ANALYSIS | ODONGO KODONGO | Kenya’s stock market recently suffered steep losses, making it the worst performing globally. The weak performance has persisted: the Nairobi Securities Exchange 20-share index stood at about 1420 on 10 November 2023, having fallen from 1509 …

Kampala, Uganda | THE INDEPENDENT | Cipla Quality Chemicals Limited has reported a substantial 74% dip in profit after tax to Shs 3.56 billion for the six months ending September 30. The dip is attributed to a significant increase in operating expenses and a shift in the product mix. The company’s …

Kampala, Uganda | THE INDEPENDENT |  Money lenders and microfinance institutions have been advised to use legal means to conduct their businesses instead of resorting to the use of force, especially in recovering money. This comes at a time when the small lenders are trying to get to terms with …

Kampala, Uganda | THE INDEPENDENT |  The insurance industry estimates that Ugandans will pay up to sh2 trillion in total premiums for different products next year, as the population becomes more aware of the importance of insurance. This is partly attributed to the innovative products that have become more appealing …