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MTN revenue, customer growth recover

Kampala, Uganda | THE INDEPENDENT | MTN Uganda reports a 16.1 percent growth in revenues to 2.63 trillion shillings for the year 2023. Most of the revenues, (1.12 trillion) still came from voice services which grew by 11.6 percent, while the fastest growing segment was revenue from the use of data. …

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Africa Chief Justices to advocate alternative Justice resolution

Kampala, Uganda | THE INDEPENDENT | The Africa Chief Justices’ Summit on Alternative Dispute Resolution -ADR closed on Wednesday in Kampala with a resolution to advocate for its funding to aid its promotion. The summit that brought together all the Judiciaries in Africa and 15 Chief Justices from various countries attending …

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Museveni: PDM money is not against Islam

Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has said the money that the government gives people through the Parish Development Model-PDM is not ribah; a term that refers to the prohibition of interest on borrowed money for Muslims. In a letter written to Hafwa Nalumansi Ssettala, the chairperson …

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NSSF annual contributions rise to sh1.72 trillion

Kampala, Uganda | THE INDEPENDENT | The amount of money that Ugandans contribute to the National Social Security Fund (NSSF) has risen from 1.27 trillion shillings in 2020 to 1.72 trillion in 2023. This contribution comes from up to 2.2 million members. Information obtained from NSSF indicates that this growth in savings …

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‘Abakyala ku Ntiiko’ as Equity Bank celebrates women

Kampala, Uganda | THE INDEPENDENT |  Equity Bank is set to celebrate Women’s Month with a series of special events aimed at empowering and enabling women in small-scale businesses to achieve their full potential.  In line with the International Women’s Day theme of ‘invest in women; Accelerate progress,’ Equity Bank …

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Uganda, EU agree to increase trade

Kampala, Uganda | THE INDEPENDENT | The European Union and Uganda have agreed on the need to increase trade and investments between them because the current environment is favorable. While the EU is Uganda’s largest single source of foreign direct investment and tourists, trade between the two is worth about 1.5 …

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