Business

Kampala, Uganda | THE INDEPENDENT | On World Food Day (Oct.16), Glovo and community-based organization Haba Na Haba announced a major milestone in their partnership, having rescued and distributed 2,712,061 meals to food-insecure communities since March 2024. The initiative leverages Glovo’s technology and delivery network to collect surplus food from …

Equity Bank Uganda also registered NPL ratio of 8.8%, down from 20.9%.; Uganda has been recognised globally as having momentous growth in the East African region coupled by low inflation Nairobi, Kenya | THE INDEPENDENT | Equity Bank Uganda, has bounced back by recording a significant 61% Profit After Tax (PAT) in …

Kampala, Uganda | THE INDEPENDENT | Jumia Uganda has officially launched its much-anticipated Black Friday 2025 campaign at an exclusive event held at the Jumia Fulfilment Centre in Kampala. The launch gathered government officials, regulators, partners, and key stakeholders in Uganda’s digital economy under the theme “E-Commerce Adoption in Uganda …

Government, civil society, faith-based groups, youth networks, academia, and the private sector come together to form the Coalition Against Illicit Alcohol in Uganda Kampala, Uganda | THE INDEPENDENT |  Across Uganda, the consequences of illicit alcohol have seeped into homes, hospitals, and communities, claiming lives, destroying families, and eroding the promise …

Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker of Parliament, Thomas Tayebwa, has urged Finnish companies to channel investments into coffee value addition, saying this is the surest way to help Uganda and other African producers tap into the lucrative global coffee market. Meeting with Members of the Commerce …

Kampala, Uganda | THE INDEPENDENT | Ugandan investment banker Anne Aliker has been appointed Head, Africa Regions – Corporate and Investment Banking (CIB) at Standard Bank Group, Africa’s largest bank by assets. Her appointment, officials said, underscores the Group’s long-standing commitment to developing African leaders to drive Africa’s growth and …

He pledges to deepen Africa’s trade transformation Kampala, Uganda | THE INDEPENDENT | Dr. George Elombi has officially taken over as president and chairman of the African Export–Import Bank (Afreximbank), vowing to expand the lender’s role in financing Africa’s industrialisation, trade integration, and value addition to natural resources. Elombi succeeds …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda has launched the third phase of its flagship Changemakers Initiative, committing Shs 500 million ($130,000) in grants to support 25 grassroots projects aimed at improving education, health, water and environmental conservation, and economic empowerment. The programme, run through the MTN Foundation, seeks …

Uganda–UAE Business Forum 2025 closes with a renewed commitment to stronger trade and investment partnerships Kampala, Uganda | THE INDEPENDENT |  Ramathan Ggoobi, Permanent Secretary and Secretary to the Treasury, has outlined key Ugandan investment pillars and explained why Uganda offers one of the highest returns on investment on the …

Kampala, Uganda | THE INDEPENDENT |  Rubis Energy Uganda confirmed a significant step in its national expansion strategy with the official launch of 15 new service stations across the country. This strategic investment is designed to modernise Uganda’s energy and mobility infrastructure, focusing on delivering enhanced value, efficiency, and integrated convenience …