Five months into the job, Ato Girma Wake is quietly rebuilding Uganda Airlines from the inside out COMMENT | DEREK NSEKO | When Ato Girma Wake accepted the role of acting chief executive officer of Uganda Airlines five months ago, he inherited something few airline executives would envy. An …
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Kampala, Uganda | THE INDEPENDENT | NCBA Group Plc has posted a 12.2% increase in first-half profit as East Africa’s economic recovery fueled lending and customer deposits, helping the regional lender offset a sharp increase in provisions set aside against potentially bad loans. Net income rose to KSh12.4 billion in …
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Kampala, Uganda | THE INDEPENDENT | In Kampala’s crowded trading spaces, where hundreds of small businesses compete for customers every day, building a name can take years. For Ronald Atuhumwize, the journey began not with a shop or a large investment, but with the informal trade around Qualicel Bus Terminal …
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Masaka, Uganda | THE INDEPENDENT | Nile Breweries Limited has trained 230 retailers in Masaka district in practical business, financial and digital skills, as the company’s Growing Retailers Innovatively Together (GRIT) programme continues to expand across Uganda, it said in a media release on Aug.6. The Masaka sessions, drawing bar …
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Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank (HFB) has launched a campus-based financing campaign aimed at helping university students overcome financial barriers to higher education by providing access to school fees and laptop loans, it said on Aug.5 in a media statement. The initiative, dubbed Tugende Mu Class, is …
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Self-service replacing the brick-and-mortar model COMMENT | LAURA BAHEMUKA | The evolution of banking from what it was, brick-and-mortar, to what we are witnessing today is all thanks to the growth in technology and innovations. These have enabled digitisation in banking so that more people are ushered into …
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Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank Uganda (DTB) has partnered with Universal Multipurpose Enterprises Limited to expand access to mortgage financing and increase opportunities for Ugandans seeking to own homes amid a growing housing deficit. The partnership, formalised through a Memorandum of Understanding (MoU) signed on August …
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Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank Uganda (DTB) has partnered with Universal Multipurpose Enterprises Limited to expand access to mortgage financing and increase opportunities for Ugandans seeking to own homes amid a growing housing deficit. The partnership, formalised through a Memorandum of Understanding (MoU) signed on August …
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Hoima, Uganda | NEWS CORRESPONDENT | Bank of Uganda Governor (BOU) Dr Michael Atingi-Ego has said the progress of the East African Crude Oil Pipeline (EACOP) is critical to Uganda’s macroeconomic outlook, noting that government revenue projections and export earnings are closely tied to the successful delivery of the country’s …
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Absa Bank Uganda Empowers Next Generation With Financial Literacy in Mbarara Mbarara, Uganda | NEWS CORRESPONDENT | Absa Uganda, in partnership with Reach A Hand Africa have held an impactful peer-learning session at Revival Girls Secondary School in Mbarara, extending financial literacy and life skills to 345 students. The …
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The Independent Uganda: You get the Truth we Pay the Price
