Business

NAIROBI, KENYA | Xinhua | The cumulative freight volume transported along Kenya’s Mombasa-Nairobi Standard Gauge Railway (SGR), a flagship project under the Belt and Road Initiative (BRI) cooperation, has exceeded 50 million tonnes as of July 26, the operator said on Monday. Since commencing operations on May 31, 2017, the …

    The lender has unveiled new platforms to enhance customer experience, business efficiency and financial inclusion through technology-driven banking solutions   NEWS ANALYSIS | JULIUS BUSINGE | NCBA Bank Uganda has launched two digital banking platforms aimed at transforming how individuals and businesses access and manage financial services, as …

  The pharmaceutical company is among a select group of manufacturers preparing to produce an experimental once-monthly pill aimed at expanding HIV prevention options   Kampala, Uganda | THE INDEPENDENT |  Uganda’s Quality Chemical Industries Ltd. (QCIL) has secured an early manufacturing licence from Merck & Co. for an experimental …

  Subscriptions, advertising, digital products and creative services help creators combine recurring income with one-off sales   Six Income Models for Digital Creators Making money from content in 2026 no longer depends on a single channel. Video, text and audio can produce different types of income, from advertising to direct …

Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has announced an Equity Diaspora Webinar scheduled for Saturday, 1 August 2026, aimed at unlocking the investment potential of Ugandans living abroad. The virtual event will feature Prof. Augustus Nuwagaba, the Deputy Governor of the Bank of Uganda (BOU), as the …

Absa Drives Blended Finance and Bankability at the 2nd Energy Convention   Kampala, Uganda | NEWS CORRESPONDENT | Key policy drivers and financial leaders have made proposals to tackle Uganda’s transition from power generation to universal access. This, at the 2nd Energy Convention held at Four Points by Sheraton, whixh saw …

  A new Bank of Uganda policy seeks to push businesses and individuals towards electronic payments, but the transition will test the country’s digital infrastructure and financial readiness   Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda’s move to cap over-the-counter withdrawals marks a major shift in how businesses …

  Kampala, Uganda | URN | Uganda Registrations Services Bureau-URSB has overturned Agaba Maguru’s appointment as director in three companies that were majorly owned by the late businessman James Garuga Musinguzi. It stems from an application filed by Mathew Rukikaire, former Minister of Privatization in President Museveni’s government, challenging the manner in …

Kampala, Uganda | NEWS CORRESPONDENT |  Uganda’s gambling industry is entering a new phase of maturity. While betting and gaming continue to expand at a remarkable pace, regulators are matching that growth with stronger oversight, modern technology and stricter enforcement aimed at building a more transparent and sustainable industry. Recent …

Lugogo, Uganda | THE INDEPENDENT | Experts at the Tulime, Tulunde, Tufune Agro Expo have warned local farmers against using crop proceeds to fund personal and domestic emergencies, citing poor cash management as a primary driver of agribusiness failures across Uganda. The warning was delivered during a financial literacy session …