Business

Beyond individual success stories, the fish farming project has made substantial contributions to the national GDP Kampala, Uganda | PEARL KARUNGI | In a groundbreaking turn of events, women in Bugiri District, Eastern Uganda, have defied societal norms and broken into the traditionally male-dominated fish farming industry. Through the Women Economic …

Kampala, Uganda | THE INDEPENDENT | The cost of the new number plates that are expected to be rolled out later in the year were a result of a financial model used for their pricing.  The Minister for Security  Jim Muhwezi stated this while appearing before the Committee on Physical …

Habitat for Humanity to show Ugandans that decent housing can be achieved using basic knowledge and materials easily accessible in the community Kampala, Uganda | THE INDEPENDENT |  The Ministry of Lands, Housing and Urban Development is considering new strategies for developers to come up with simplified versions of condominiums. …

Kampala, Uganda | THE INDEPENDENT | The Shadow Cabinet has called for an expedited appraisal of the impact of the National Data Transmission Backbone Infrastructure and e-Government Infrastructure that was rolled out during the Financial Year 2006/2007 to benefit Ministries, Departments, and Agencies – MDAs. The government through the National …

Kampala, Uganda | THE INDEPENDENT |  Airtel Uganda’s First 5G Network has demonstrated 5G’s potential to foster digital inclusion and connectivity in Uganda. This was during a 5G showcase event held at Kampala Serena Hotel Monday night. Airtel Uganda unveiled one of its industry firsts, the 5G network, ushering in …

Kampala, Uganda | PATRICIA AKANKWATSA | Francis Kamau is the CEO of GA Insurance. He spoke to The Independent’s Patricia Akankwatsa in an interview about Uganda’s insurance growth prospects. GA Insurance entered the Ugandan market through the acquisition of Nova Insurance Company nearly four years ago. How has business been so …

Kampala, Uganda | THE INDEPENDENT | A top property manager and consultant has warned developers about developing condominium units of housing without putting the market preference in mind. A condominium is a building structure divided into several units which can be separately owned, while the separate owners jointly own some …

Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank has been assigned a National Long-term Rating of ‘AAA (uga)’ with a Stable Outlook, the highest attainable on Uganda’s national scale. Assigned by Fitch Ratings, a world-renowned international credit rating agency, the Bank was also assigned a Long-Term Issuer Default Rating (IDR) …

Tokyo, Japan | (Xinhua | Japan Industrial Partners Inc., a Tokyo-based investment fund, announced Monday it will launch a 2 trillion yen (about 14 billion U.S. dollars) tender offer for Toshiba Corp. on Tuesday, a move that would end the company’s 74-year history as a public company. The tender offer …

Shareholders could earn Shs5.6 per share in September Kampala, Uganda | JULIUS BUSINGE | MTN Uganda has reported an 18% jump in profit after tax to Shs228bn in the first six months of 2023 compared to Shs193bn reported in the same period last year. The company’s Chief Executive Officer Sylivia Mulinge …