Last year, African Originals secured $2m in funding to support its ambitions to expand the business in Kenya and beyond Nairobi, Kenya | AGENCIES | When Alexandra Chappate, CEO and founder of Kenya-based craft beverage producer African Originals, started working in Africa’s drinks industry in 2015, she was struck by the …
Read More »EPRC: Business confidence increases, traders anticipate more due to election spending
Kampala, Uganda | THE INDEPENDENT | Business owners have expressed optimism that business will grow in the next quarter due to election-related spending. This is contained in latest findings released by the Economic Policy Research Centre in their Uganda Business Climate Index UBCI) for the April to June quarter. Released …
Read More »Businesses Warned: Exposing job applicant’s papers punishable
Kampala, Uganda | THE INDEPENDENT | If you find copies of your academic papers or resume where you didn’t expect them to be, and you suspect them to have come from where, say, you applied for a job or study vacancy, you have the right to legal action. It is …
Read More »Ecobank Uganda starts “Ellevate” to help women in business
Kampala, Uganda | THE INDEPENDENT | Ecobank Uganda, has launched a new program called Ellevate by Ecobank. This program is specially made to help women who own or run businesses grow and succeed. The main idea behind “Ellevate” is “More than Money.” This means Ecobank wants to help women in …
Read More »Housing Finance earns national recognition for advancing agriculture, small business recovery
Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank received two prestigious national awards in recognition of its critical role in strengthening Uganda’s economic resilience. The Bank was honored by the Bank of Uganda with the Agricultural Credit Facility (ACF) Award and the Small Business Recovery Fund (SBRF) Award. These …
Read More »Equity Group posts Shs 433.2bn profit
The lender’s digital channels processed 87% of all transactions, with the Equity Mobile App and USSD platform recording Shs 26.5 trillion in transaction value Nairobi, Kenya | THE INDEPENDENT | Equity Group has reported solid financial results for the first quarter of 2025, underpinned by its regional expansion, diversified business model, …
Read More »RUMANYIKA: I’ve come to realize that success is not solely defined by profit margins
My perspective shifted, much like the blind man in the biblical story who shouted, “I can see!” COMMENT | IAN RUMANYIKA | For 12 years, I worked within the walls of the Uganda Revenue Authority, with a slogan before me, “Developing Uganda Together and the weight of responsibility”. My role …
Read More »DOWNTOWN KAMPALA: Business pauses to observe Good Friday procession
KAMPALA, UGANDA | THE INDEPENDENT | Business activity in downtown Kampala briefly came to a standstill as members of the business community stepped out of arcades to observe the 2025 Good Friday procession, led by religious leaders from All Saints’ Cathedral, Nakasero. The annual event reenacts the Way of the …
Read More »Oracle, Eclectics partner to tap into East African businesses
Cloud computing infrastructure, analytics hailed for transforming business processes Kampala, Uganda | IAN KATUSIIME | US-based tech powerhouse Oracle has teamed up with Eclectics International, a leading Kenyan IT firm, to provide innovative technological solutions aimed at driving business efficiency and digital transformation across East Africa and beyond. The partnership was …
Read More »Privilege Is Not Business Acumen: A Ugandan reality check
It seems that the economic system we operate in was never designed to grow indigenous wealth. It appears to have been designed only to keep the economy alive while keeping real power insulated. COMMENT | APOLLO BUREGYEYA | Some of our Indian colleagues in Uganda are misreading the room. They mistake …
Read More »