Business

Kampala, Uganda | JULIUS BUSINGE | A total of 5,000 students in seven universities countrywide are expected to benefit from this year’s annual career expo. The focus is on empowering the beneficiaries to succeed in the emerging gig economy with the relevant skills. The two-week expo will be held from …

  Kampala, Uganda | THE INDEPENDENT | Muslims dwelling in Kampala city have received an Iftar food package to celebrate Eid as they end the Ramathan season, thanks to Diamond Trust Bank. The food items include sugar, rice, cooking oil and more. The amount spent by the Bank on the …

Kampala, Uganda  | THE INDEPENDENT l On April 13, Uganda Breweries Limited through the brand Johnnie Walker announced a sponsorship package of Shs150million to the Rotary’s 98th District Conference, slated for April 27 -29 in Mbarara District. “We are thrilled to be the exclusive alcoholic beverage sponsor for the upcoming conference, …

Kampala, Uganda  | THE INDEPENDENT l Uganda Insurers Association (UIA), the umbrella organization for all insurance companies in Uganda, has unveiled the Annual Insurance Agents Awards. The awards to be held under the theme ‘celebrating the role of an agent in the insurance cycle’ will take place in Kampala on April …

Kampala, Uganda | AENCIES | Wine was first produced in South Africa as far back as the mid-1600s by Dutch colonisers who sold it to passing ships. The industry developed further during the colonial and apartheid eras and wine became an important part of the South African economy. A recent study …

Summary Growth in revenue by UGX46bn. UGX141 billion in profit after tax, maintaining triple digit profit for the second year running. 8% growth in net customer loans standing at UGX1.567 trillion. 94% drop in impairment, indicating an improvement in the construct of the loan book. 4% growth in customer deposits …

  Kampala, Uganda  | THE INDEPENDENT l On April 13, Centenary Bank, joined hands with Rotary Club towards the continued support of the humanitarian initiatives. This was during a press launch held in Kampala where Rotary unveiled the official partners of the 98th Rotary District Conference. Beatrice Lugalambi the General Manager …

Kampala, Uganda  | THE INDEPENDENT l The Institute of Certified Public Accountants of Uganda (ICPAU) will hold the inaugural Public Finance Management (PFM) Conference from 18 – 20 April 2023 at the Imperial Resort Beach Hotel, Entebbe. The conference will be both physical and online. It targets accounting officers, policymakers, planners, …

Kampala, Uganda | THE INDEPENDENT | The Minister of State for Finance (General Duties) Henry Musasizi, has defended the proposal to impose a 5% tax on the gross income earned by international digital companies in Uganda. Musasizi alongside other officials from the Ministry of Finance appeared before Parliament’s Finance Committee …

Kampala, Uganda |  Xinhua & URN | At least one person was killed and four others were injured after a building collapsed Sunday evening here in Uganda’s capital, police said. The building is a commercial structure that houses a restaurant near Kampala International University, Luke Owoyesigyire, deputy police spokesperson for …