Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) in partnership with Mastercard Foundation has awarded UGX5.9 billion as seed funding to an additional 78 Ugandan small and growing businesses through their Hi-innovator Program. This brings the total of businesses funded to 110 since the Hi-Innovator Programme …
Read More »Ashok Leyland launches new Phoenix 3.5 tones light commercial vehicle in Uganda
Kampala, Uganda | THE INDEPENDENT | Commercial vehicle manufacturer Ashok Leyland, have launched a new light truck to offer Ugandan businesses a versatile product with higher loading span, higher payload and better driving comfort to ensure profitability. Ashok Leyland is a flagship of the Hinduja Group which boasts 74 years …
Read More »NSSF, Ideawake to support Ugandan innovators and entrepreneurs
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has announced a partnership with Ideawake, a global innovation software company, to expand access to the NSSF Hi-Innovator programme to more entrepreneurs across the country. In 2021, the Fund launched the NSSF Hi-Innovator programme, an innovation initiative in …
Read More »Kenya Tea Development Agency brews perfect technology mix
Nairobi, Kenya | AMA – SAP NEWS | How do you bring consistency and improve decision-making at an organisation where more than 50 factories each operate on their own disparate systems with little to no integration? For one of the largest tea-producing organisations in the world, the answer rested in …
Read More »Privacy compromised as Ugandans rush for instant online loans
Kampala, Uganda | THE INDEPENDENT | A section of Ugandans have fallen victim to online loan applications that offer cheap and instant loans. The loans are always available as long as one has access to a smartphone and the internet. Unlike banks and other financial institutions that ask for collateral to acquire …
Read More »Tech Company, Kyosk Digital is building the future of informal retailers
Kampala, Uganda | THE INDEPENDENT | Kyosk, a tech-led company that connects informal retailers and other similar outlets directly to fast-moving consumer goods companies is transforming Uganda’s retail system and is expected to positively impact the economy. The digital platform, founded in Kenya by technopreneur Raphael Afaedor opened its offices in Uganda …
Read More »Housing Finance Bank launches online Govt Securities portal that allows customers to invest on the go
Kampala, Uganda | THE INDEPENDENT | Today, Housing Finance Bank officially launched its Government Securities Portal with a campaign dubbed” Invest On The Go” at Mestil Hotel and Residences, Kampala. The online portal, which is housed on the Bank’s website allows customers to buy Treasury Bills and Bonds from …
Read More »A regulated pensions environment breeds transparency and accountability
COMMENT | Lydia Mirembe | There was a time when the retirement benefits sector in Uganda was defined by gross mismanagement, lack of transparency and accountability, outright corruption and brazen embezzlement of savers’ money. The establishment of a Sector Regulator since 2011, has provided a foundation for continued improvement in scheme …
Read More »Xi congratulates China News Service on 70th anniversary
Beijing, China | Xinhua | President Xi Jinping has sent a congratulatory letter to the China News Service (CNS) on its 70th founding anniversary, stressing the importance of innovating the discourse system and improving the capacity for international communication. Xi, also general secretary of the Communist Party of China (CPC) …
Read More »ICT Minister Kabbyanga hails Ugandan innovators as he launches Xente Visa Business Cards
Xente Launches Visa Business Cards in Partnership with Visa Kampala, Uganda | LOUIS JADWONG | Godfrey Kabbyanga Baluku, State Minister for ICT and National Guidance, has said that by Xente attracting a partnership with Visa – the world’s leader in digital payments – Ugandan innovators have shown they can have an …
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