Business

African nations have enjoyed duty-free access to the US market for over two decades under the AGOA. What if US President Trump refuses to renew it? ANALYSIS | ADWOA TENKORAMAA DOMENA | The African Growth and Opportunity Act (AGOA), a trade agreement at the core of US economic policy on Africa, …

Arua, Uganda | THE INDEPENDENT | Plascon Uganda, in partnership with Precious Impex, has officially opened a new Colour Hero Store in Arua City, a strategic move aimed at strengthening its presence in the West Nile region and enhancing service delivery to both professional painters and individual customers. The grand …

Kampala, Uganda | THE INDEPENDENT | Journey to the Boardroom (JTB) celebrated the achievements of its 2025 cohort and announced new initiatives aimed at advancing inclusive leadership during a grand black-tie event at the Sheraton Kampala Hotel on April 25. The event marked a significant milestone for JTB, a leadership …

Embracing these technologies and rethinking traditional approaches, banks can not only navigate the challenges of today but also seize the opportunities of tomorrow ANALYSIS | PATRICK ADENGO | When you imagine Artificial Intelligence (AI) in banking, do you envision robots managing your transactions or smart systems navigating complex financial decisions? Or …

More than 500 Boeing aircraft are currently operating across Africa Addis Ababa, Ethiopia | THE INDEPENDENT | Boeing Co. has opened a new regional office in Addis Ababa, Ethiopia, reinforcing its long-term commitment to Africa’s fast-growing aviation sector. The office, which will serve as the company’s regional administrative hub, strengthens Boeing’s …

Court of Appeal confirms that URBRA Board is incompetent, maintains order to reinstate CEO Martin Nsubuga ✳  HIGH COURT RULING (click) ✳ APPEAL COURT RULING (click)  Kampala, Uganda | THE INDEPENDENT | The Court of Appeal has dismissed an application by four board members of the Uganda Retirement Benefits Regulatory Authority (URBRA), to halt …

OPINION | Perpetua Kabaitira Biraaro | In an era of increasing fiscal pressures and demand for accountability, internal audit is a cornerstone of sound PFM, ensuring that public resources are managed efficiently and service delivery is sustainable. Public Finance Management (PFM) focuses on resource mobilisation and expenditure management in the public …

Kampala, Uganda | THE INDEPENDENT |  Quality Chemical Industries Limited (Qcil), Uganda’s leading pharmaceutical manufacturer, has successfully held an annual medical camp at St. Stephen’s Church of Uganda, Luzira, in commemoration of World Malaria Day 2025. The event was grounded in this year’s global theme: “Malaria Ends With Us: Reinvest, …

KAMPALA, UGANDA | THE INDEPENDENT | NCBA Bank has partnered with Motorcare Uganda, the franchise dealer for Nissan vehicles, to launch an exclusive asset financing program for customers over the next three months, dubbed “DRIVE YOUR DREAM TODAY”. The initiative is designed to enable both individuals and businesses to own …

KAMPALA, UGANDA | THE INDEPENDENT | Agriculture remains the cornerstone of Uganda’s economy, employing 64% of the population and contributing up to 50% of the country’s export earnings. Despite its importance, many smallholder farmers face significant challenges in accessing affordable credit. Traditional financial institutions typically require collateral that rural farmers …