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Business news

Clubs tipped on investment

Kampala, Uganda |  THE INDEPENDENT  Investment clubs have been tipped to diversify their investments into both physical and financial assets. Physical assets include land, houses, plant and equipment while financial assets includes treasury bills, bonds and fixed deposits. Speaking during a virtual meeting on Thursday, Aeko Ongodia, a founder and Chief …

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Uganda’s telephone subscribers up by 1.8 Million

Kampala,, Uganda |  THE INDEPENDENT  The number of telephone subscribers in Uganda has grown by 1.8 million in the third quarter of 2019/2020 bringing the total number to 28.5 million people.  According to the January to March 2020 quarterly report by the Uganda Communication Commission, the number of subscribers increased from …

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MTN appoints new CEO

  Johannesburg | THE INDEPENDENT | Chief Financial Officer of MTN Group Ralph Mupita will on September 1 take over from Rob Shuter as president and CEO. “After a rigorous and extensive search process, we are pleased to have appointed someone of Ralph’s calibre, experience and ability to fill the group president …

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