Business

  The company connected approximately 80,000 customers over the past two months and is targeting monthly connections of 50,000   Kampala, Uganda | THE INDEPENDENT |  Uganda Electricity Distribution Company Limited (UEDCL) is seeking $994mn in infrastructure investment over the next five years to address growing pressure on the electricity …

  Kampala, Uganda | THE INDEPENDENT |  At 29, Robinah Omolo is building a business in Lira City while working towards a better future for her nine-year-old son. What began as a small venture funded by a friend’s loan has gradually grown into a shop, supported by personal savings and, more …

Kampala, Uganda | NEWS CORRESPONDENT | Vult, Sierra Leone’s fast-growing digital financial super app, has appointed Esther Linda Nigiwan as its Chief Operations Officer. She relocated to Freetown to take up the role. She brings more than 10 years of experience in digital financial services, market expansion and commercial leadership …

  Kampala, Uganda | NEWS CORRESPONDENT |  As workplaces evolve amid changing labour laws, technological disruption and rising employee expectations, organisations are being challenged to look beyond productivity and profitability to consider how they protect, develop and support the people who drive their success. That conversation will take centre stage at …

Kampala, Uganda | THE INDEPENDENT | As November gets underway, supermarkets and retailers across Uganda are finding different ways to participate in the Black November shopping season. From retailers focusing on the traditional Black Friday period to supermarkets such as Carrefour Uganda, which has extended its promotions throughout the month, businesses …

Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank (HFB) has partnered with Interswitch to extend banking services to customers through more than 23,000 Quickteller agent outlets across Uganda. The partnership will allow HFB customers to make cash deposits, withdraw money using their bank cards and check account balances at participating …

Kampala, Uganda | URN | Uganda’s external debt stock rose by 15.9 per cent to US$23.9 billion in 2025, up from US$9.8 billion a decade earlier, as the country continued to rely on a mix of multilateral lenders, bilateral partners and private creditors to finance its development needs. The increase …

  How Ugandans can build wealth back home while doing business in Kenya   Nairobi, Uganda | NEWS CORRESPONDENT | Ugandans living and working in Nairobi are being encouraged to look beyond remittances and embrace structured investments that enable them to build wealth back home while growing their businesses across …

Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda, which markets and distributes Shell-branded fuels and lubricants, has partnered with MTN MoMo to offer motorists a 20% cashback on qualifying fuel purchases made through mobile money. Under the promotion, dubbed “Fuel Happy Hour”, customers who buy fuel at Shell service …

Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank (HFB) has appointed David Twinamasiko as Head of Operations, strengthening its leadership as it expands digital and self-service banking services. Effective November 2, 2026, Twinamasiko takes over the position at a time when the bank is investing in technology and alternative banking …