Business

World Bank urges a more gender inclusive recovery at latest economic update Kampala, Uganda | ISAAC KHISA | Uganda’s growth is expected to be between 3.5% and 4.0% in Fiscal Year (FY) 22 and about 5.5% in FY23; both projections are about one percentage lower than the June 2021 forecast, …

Kampala, Uganda | THE INDEPENDENT | Deo Kayemba, the managing director for East African Roofing Systems Limited has elected the new Chairman for Uganda Manufacturers Association. Barbara Mulwana from Mulwana Group of Companies handed over the tools of office after members electing Kayemba at UMA headquarters in Kampala during the …

  Kampala, Uganda | THE INDEPENDENT | The International Atomic Energy Agency – IAEA has endorsed Uganda’s nuclear energy power plant development following a successful review of the country’s nuclear infrastructure. This follows the successful accomplishment of the milestone phase one approach required by the Agency for the development of …

  Kampala, Uganda | THE INDEPENDENT | MTN Uganda share prices gained on the first day of trading on the Uganda Securities Exchange, from the Initial Public Offer price of 200 shillings per share. The shares traded at an average sh205 per share, which was a gain of 2.5% from …

    Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has urged financial institutions operating in Uganda to align their business strategies with the development needs of the country and with the well-being of its people. He emphasized that the financial sector is key to sustainable economic development through mobilization …

Kampala, Uganda | THE INDEPENDENT | Bus operators in Kampala on Thursday did not hike the charges they have proposed for passengers traveling to different destinations across the country. The operators through their umbrella body, the Uganda Bus Owners Association – UBOA announced a raise in the transport fares on …

  Kampala, Uganda | THE INDEPENDENT | The Inspectorate of Government – IG has given Mbarara City North legislator Robert Mwesigwa Rukaari up to December 6, 2021, to submit relevant documents regarding Uganda Railway Corporation land transactions at Nsambya. Rukaari is one of the beneficiaries of the 57 acres of …

Kampala, Uganda | THE INDPENDENT | As the country gears up for the festive season, Vivo Energy Uganda customers will be delighted to learn that over half a billion shillings worth in prizes, shopping experiences and car service are up for grabs. This all from the distributor and marketer of Shell …

  Masaka, Uganda | THE INDEPENDENT |  Minister of State for Finance, Planning and Economic Development in charge of Microfinance Hajj Haruna Kasolo Kyeyune has announced an additional sh360 million to be injected into the program in each constituency, with each well-performing SACCO set to receive 20 million. The additional seed …

New facility will pave the way for Africa Data Centres hyperscale customers to deploy digitisation solutions to West Africa Lagos, Nigeria | THE INDEPENDENT |  Africa Data Centres has officially opened its new 10MW data centre facility in Lagos, Nigeria. The new facility, the company says, will pave the way …