Business

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has announced a sponsorship of over Shs200 million towards the Uganda Open Golf Championship 2022. The 5-event Uganda Open will take place at the Lake Victoria Serena Golf Resort and Spa from 01 – 29 October 2022 and is expected to attract …

Kampala, Uganda | THE INDEPENDENT | Kyosk, a tech-led company that connects informal retailers and other similar outlets directly to fast-moving consumer goods companies is transforming Uganda’s retail system and is expected to positively impact the economy. The digital platform, founded in Kenya by technopreneur Raphael Afaedor opened its offices in Uganda …

 Kampala, Uganda | THE INDEPENDENT |  Uganda Breweries Limited hosted farmers on Wednesday to a forum to discuss the potential to scale up farming to supplement government efforts to see manufactures embrace full local sourcing of raw materials they use in their production processes. The forum which run under the theme …

With climate models predicting a dramatic drop in the availability of coffee as temperatures rise, farmers are preparing themselves for an uncertain future | JACK DUTTON | On Mount Elgon, an extinct volcano on the Ugandan-Kenyan border, Kenneth Barigye grows Arabica beans on his coffee farms. He also grows them …

Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s National Social Security Fund plans to unveil the first 550 housing units at its Temangalo housing project for sale in 2024 as it seeks to tap into the growing demand for accommodation in the Kampala Metropolitan Area. NSSF Managing Director Richard Byarugaba said …

  Kampala, Uganda | THE INDEPENDENT |  Today, Housing Finance Bank officially launched its Government Securities Portal with a campaign dubbed” Invest On The Go” at Mestil Hotel and Residences, Kampala. The online portal, which is housed on the Bank’s website allows customers to buy Treasury Bills and Bonds from …

Cane shortage amidst increased exports complicates the equation for local consumption Kampala, Ugnada | JULIUS BUSINGE | Local sugar consumers should brace themselves for further increases in price for the sweet commodity owing to a fall in production volumes amidst an increase in export volumes, according to industry players and …

COMMENT | Lydia Mirembe | There was a time when the retirement benefits sector in Uganda was defined by gross mismanagement, lack of transparency and accountability, outright corruption and brazen embezzlement of savers’ money. The establishment of a Sector Regulator since 2011, has provided a foundation for continued improvement in scheme …

Mbarara, Uganda | THE INDEPENDENT | Mbarara University of Science and Technology has developed a new organic fertilizer. The Organic Fertilizer, I-Soft Organic Fertilizer was innovated and developed by students of the Faculty of Agriculture and Livelihood in collaboration with the Mbarara Grapes Farmers Association, and Mbarara Agricultural Research Development …

New York, US | THE INDEPENDENT | The Ugandan government has taken the fight about the construction of the East African Crude Oil Pipeline-EACOP to the United Nations following last week’s resolution by the European Union-EU parliament. Vice President Jessica Alupo who represented President Museveni at the UN General Assembly …