Why safeguarding personal data isn’t just good ethics — it’s smart business COMMENT | RUTH KAGABANE | At Absa Bank Uganda’s recent Data Privacy Workshop, held in collaboration with representatives from the Bank of Uganda, the Personal Data Protection Office, and industry players across finance, fintech, and insurance, one message …
Read More »Boda Boda Union, Honda ink partnership to transform motorcycle ownership
Kampala, Uganda | THE INDEPENDENT | In a move poised to reshape Uganda’s boda boda industry, the National Boda Boda Union has entered into a strategic partnership with Honda to supply high-quality, fuel-powered motorcycles to riders across the country under an affordable financing model. The agreement, unveiled in Kampala, marks …
Read More »Ugandan coffee exporters seal $3 million deals at CIIE
KAMPALA, UGANDA | Xinhua | Ugandan coffee exporters have secured deals worth 3 million U.S. dollars at the recently concluded China International Import Expo (CIIE) in Shanghai, Uganda’s Ministry of Agriculture, Animal Industry and Fisheries said in a statement. Uganda’s top coffee exporters, such as Meg Rai Coffee, Kwezi Coffee, …
Read More »C-Care Uganda ready to save patients cost of travelling abroad for treatment
C-Care Uganda Strengthens Strategic Media Partnerships at Appreciation Media Breakfast Kampala, Uganda | THE INDEPENDENT | C-Care Uganda has assembled dozens of top specialists and is widening its network across the country to provide an alternative to seeking treatment abroad. “We want to change the perception that for a Ugandan …
Read More »MTN Uganda increases dividend payout to Shs235billion
The company expects continued double-digit growth in service revenue, supported by rising smartphone adoption, fintech expansion, and a favourable economic environment Kampala, Uganda | THE INDEPENDENT | MTN Uganda Ltd has announced a second interim dividend of Shs 10.5 per share, representing a 40 percent increase from the previous payout. The …
Read More »UDB champions green finance as Uganda prepares for COP30
Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank Limited (UDB) has announced its role as the lead sponsor of the Ugandan Pavilion at the upcoming United Nations Climate Change Conference (COP30), set to take place from November 10 to 21 in Belém, Brazil. The pavilion will serve as the …
Read More »Africa’s $700bn pension pot eyed for infrastructure drive
The greatest risk is not in investing in Africa’s own potential, but in failing to do so Kampala, Uganda | Julius Businge | A continental push is underway to harness Africa’s estimated $700bn in pension assets to fund crucial infrastructure and reduce reliance on foreign debt, senior officials said at the …
Read More »AfDB grants Uganda €217 million for cross-border road project
Kampala, Uganda | Agencies | Africa’s multi-lateral lender, African Development Bank (AfDB) has approved an additional €217.37 million ($250.78 million) in financing to the Ugandan government for the completion of the Busega–Mpigi and Kagitumba–Kayonza–Rusumo Roads Project, a critical transport corridor linking Uganda and Rwanda. The new funding is expected to ease …
Read More »YAS completes $63m acquisition of parent company of Zuku and Simbanet
Yas boosts fibre expansion and job creation across East Africa Kampala, Uganda | JULIUS BUSINGE | Yas, a subsidiary of AXIAN Telecom Holding & Management PLC, has officially completed the acquisition of 99.63% of Wananchi Group (Holdings) Ltd—the parent company of Zuku and Simbanet—in a transaction valued at …
Read More »SanlamAllianz unveils ‘On-the-GO’ accident cover in Uganda
Kampala, Uganda | JULIUS BUSINGE | Insurance company SanlamAllianz General Insurance Uganda today (Nov.11) launched its new product, On-the-GO Accident Cover, at its headquarters in Kololo. The product, which starts at just Shs1,300, is designed to provide affordable and accessible accident protection for travelers and daily commuters. According to company …
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