Business

Kampala, Uganda | THE  INDEPENDENT | Uganda’s agriculture sector, which contributes roughly a quarter of the country’s Gross Domestic Product and employs over 70 percent of the population, is once again in sharp focus as financial institutions and development partners intensify efforts to turn farming into a competitive, wealth-generating industry. …

Kampala, Uganda | THE INDEPENDENT | Uganda’s high-end real estate market, particularly in prime, highly urbanised neighbourhoods of the capital, is experiencing renewed momentum as affluent buyers and diaspora investors increasingly turn to property as a strategic asset class. Against this backdrop, VAAL Real Estate is positioning its luxury developments …

‎Kampala, Uganda | URN | The financial industry in Uganda enjoyed good business last year, according to financials being released, the latest being Stanbic Uganda Holdings Limited-SUHL, with UGX 591 billion profit after tax. ‎This new record was a jump from UGX 478 billion posted for the year ended December …

BOAO, Hainan | Xinhua |  The global epicenter of artificial intelligence (AI) development is progressively shifting from Europe and the United States toward Asia, according to a report released Tuesday by the Boao Forum for Asia. “Capitalizing on their substantial digital populations, diverse application ecosystems and coherent policy frameworks, Asian …

Kampala, Uganda | THE INDEPENDENT | The African Export-Import Bank and FCI will host a regional conference on factoring, receivables finance and credit insurance in Kampala on April 15–16, as lenders and policymakers look for alternatives to traditional bank credit to support African trade. The event comes as countries implement …

For investors and analysts, the latest results underline a shifting competitive dynamic   NEWS ANALYSIS | THE INDEPENDENT | Equity Group Holdings Plc has extended its lead over rival KCB Group Plc after reporting a sharp rise in annual profits, underscoring how regional diversification and digital banking are redrawing the …

Lyantonde, Uganda | BUSINESS CORRESPONDENT | Minister of Science, Technology, and InnovationDr Monica Musenero Masanza has hailed the transformation taking place at Katebe Farm in Lyantonde District, saying the effort is a real-world example of how innovation and science can directly improve livelihoods and spur economic growth. “This is what it looks …

Kampala, Uganda | THE INDEPENDENT | Coca-Cola Beverages Uganda (CCBU), a company in the Coca-Cola Beverages Africa (CCBA) group, has welcomed ten local emerging leaders into the CCBA Ascend Leaders in Training Programme, an 18‑month accelerated leadership journey designed to unleash talent and develop the continent’s next generation of business …

Kampala, Uganda | JULIUS BUSINGE | Ugandans have been urged to embrace insurance as a critical tool for safeguarding their future, livelihoods and businesses, as the 6th Annual Insurance Week was officially launched at Constitutional Square in the heart of Kampala on March 23. The week-long event, which began with …

Kampala, Uganda | THE INDEPENDENT | Trade in most urban centres across Uganda is rapidly shifting to digital platforms such as WhatsApp, Facebook and TikTok, where thousands now buy and sell goods outside traditional marketplaces, raising concerns about regulators’ ability to enforce product standards and protect consumers in an increasingly …