Kampala, Uganda | JULIUS BUSINGE | The COMESA Competition Commission has formally opened an inquiry into the proposed acquisition of Cold Solutions East Africa Holdings Limited by Inspired Evolution Managers Limited, setting in motion a regional regulatory review of the transaction under the bloc’s competition rules. In a Merger Inquiry Notice dated …
Read More »Nova Microfinance partners with Simba Automotives to accelerate informal sector and affordable transport
Kampala, Uganda | THE INDEPENDENT | Nova Microfinance, a provider of inclusive financial services, has teamed up with Simba Automotives Limited, one of Uganda’s largest motorbike companies to increase access to both fuel-powered and electric motorcycles for individuals, companies , and business owners across their 65 distribution points in the …
Read More »Absa Multi-Currency Virtual Card, Absa Pay and Absa Pay by Link launched
Absa Introduces Three Digital Payment Solutions as Digital Payments and Cross-Border Trade Surge in Uganda Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has today launched three innovative digital payment solutions namely the Absa Multi-Currency Virtual Card, Absa Pay, and Absa Pay by Link, all designed to make banking more …
Read More »PAU marks 10 years with US$2.2bn in local oil contracts
The combined investment value of the Kingfisher, Tilenga, and East African Crude Oil Pipeline (EACOP) projects now exceeds US$15 billion Kampala, Uganda | JULIUS BUSINGE | The Petroleum Authority of Uganda (PAU) has released a ten-year performance scorecard showing that of the US$7 billion in contracts approved to date, more …
Read More »Uganda Airlines, Airlink ink deal to boost connectivity in Southern Africa
Industry analysts say these developments illustrate a broader trend toward intra-African connectivity, which is critical for the continent’s economic integration Kampala, Uganda | THE INDEPENDENT | Uganda Airlines has signed an interline agreement with South Africa’s regional carrier Airlink, a move that expands regional connectivity and promises smoother travel …
Read More »How is Airbus alert on A320 disrupting global flights?
Despite localized disruptions, global airlines were moving quickly toward stabilization by Saturday, with most affected aircraft already cleared to return to service. PARIS | Xinhua | Global airlines have rushed to implement an urgent software fix for A320-family aircraft after Airbus issued a safety alert on Friday, initially raising concerns …
Read More »Nile Breweries wins top excel award at URA taxpayers appreciation awards
Kampala, Uganda | THE INDEPENDENT | Nile Breweries Limited (NBL) has been honored with the overall Excel Award at the 2025 Uganda Revenue Authority (URA) Taxpayers Appreciation Awards. The brewery received this top recognition for its exemplary tax compliance, timely declarations, and substantial contribution to the national treasury. The awards …
Read More »Jubilee merges health and life insurance operations in Uganda
Kampala, Uganda | THE INDEPENDENT | Jubilee Holdings Limited has merged its Ugandan subsidiaries, Jubilee Health Insurance Company of Uganda Limited and Jubilee Life Insurance Company of Uganda Limited, following approval from the Insurance Regulatory Authority of Uganda. The combined entity will operate under the name Jubilee Life Insurance Company …
Read More »Uganda urged to accelerate blockchain reforms as Kenya sets regional benchmark
Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s ambition to position itself as a regional hub for virtual assets took center stage at the Blockchain summit as top regulators, industry leaders and innovators convened at the summit held at the Four Points Hotel in Kampala. The day-long meeting delivered the …
Read More »Solar-powered Vivo Energy Mawanda Road station now open
Vivo Energy expands Shell network to 195 Sites with launch of modern Mawanda road station Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda has marked a major milestone in its retail expansion with the commissioning of four new Shell service stations in 2025, bringing its nationwide network to over …
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