Team Scoops Finance Team of the Year Accolade Kampala, Uganda | THE INDEPENDENT | PostBank Uganda whose purpose is to foster prosperity for Ugandans secured an accolade at the just concluded Institute of Certified Public Accountants of Uganda (ICPAU), Awards that aimed at celebrating individuals and entities that are greatly contributing …
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Kampala, Uganda | THE INDEPENDENT | Nina Interiors Limited, a player in Uganda’s furniture industry for over 30 years, has announced the grand opening of its new experiential center in Makindye, Kampala city in partnership with global furniture manufacturer Sunon. This state-of-the-art center will showcase a wide range of innovative office, …
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NAIROBI, Kenya | Xinhua | Kenya on Tuesday imposed a ban on sugar imports from outside the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC), two regional trade blocs, citing an increase in local production. Andrew Karanja, cabinet secretary for the Ministry of Agriculture …
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Kampala, Uganda | THE INDEPENDENT | In response to recent concerns about a shortage of vehicle number plates, GM Tumpeco and Arnold Brooklyn Company (ABC) Limited have issued a statement clarifying the situation. The companies emphasized their commitment to reliable service and maintaining a steady supply of number plates. During …
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The China-Africa forum produced myriad agreements between China and over 50 African nations on areas ranging from industry and agriculture to natural resources and investments ANALYSIS | AGENCIES | Chinese leader Xi Jinping has pledged over $50 billion in financing for Africa over the next three years, promising to deepen cooperation …
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The insurance industry recorded Shs1.6trillion in premiums last year but motor third party accounted for only one percent Kampala, Uganda | THE INDEPENDENT | Insurance sector leaders are calling on the government to implement measures ensuring that all motorists secure mandatory motor third-party insurance, aimed at safeguarding road accident victims. Speaking …
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The African Development Bank has mobilised $275 million for the project, with the Global Environment Facility and the government jointly contributing $5 million Kampala, Uganda | THE INDEPENDENT | The implementation of the 69.2 km Kampala City Roads Rehabilitation Project (KCRRP) continues to gain momentum, with current progress standing at 28.4% …
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The East African nation boasts diverse mineral resources, including deposits of gold, copper, high-grade tin, cobalt, kaolin, iron ore, and others, which remain underexploited Kampala, Uganda | JULIUS BUSINGE | Ugandan strategists are ambitiously working towards growing the nation’s economy tenfold, aiming to expand its Gross Domestic Product (GDP) from $50 …
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The Hi-Innovator initiative seeks to elevate enterprises that typically struggle to attract traditional investment, with a particular focus on women and youth-owned businesses Kampala, Uganda | THE INDEPENDENT | Seven small businesses have secured seed funding of approximately $20,000 each through the Hi-Innovator program, a joint initiative by the National Social …
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Kampala, Uganda | Michael Jjingo | In the recent past, several Ugandan commercial banks are slowing down the opening of new branches. More than 75% of retail banking transactions are now digital. The bank branch growth is indeed “going south.” Brett King wrote, “And there’s no reason to assume we’ll see …
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