Business

Nimule, Uganda | THE INDEPENDENT | The Intergovernmental Authority on Development – IGAD has reactivated a joint committee to respond to the health and social-economic impacts of the COVID-19 pandemic at the Uganda-South Sudan border. The 10-member committee Selected during a cross-border committee meeting held in Nimule Town Council on …

Kampala, Uganda | THE INDEPENDENT | The National Coffee Act 2021, gazetted on Monday this week, has sparked a huge debate, with many questioning several provisions in it. The new law repeals and replaces the 29-year old Uganda Coffee Development Authority Act, Cap. 325, and is meant to respond to …

MultiChoice Uganda Showcases latest developments to Ugandan audience Kampala, Uganda | THE INDEPENDENT | Multichoice Uganda has today showcased to the media its viewers recent and upcoming content, new innovations and channels, as well as its investment in the local content space in Uganda. The innovations were shown through a …

Kampala, Uganda | THE INDEPENDENT | Equity Bank has unveiled EazzyFX, an innovative electronic channel that allows customers particularly Small and Medium Enterprises and corporates to settle forex transactions based on the day’s streaming rates. The channel will also enable customers to request for competitive quotes and prices for both the …

  BOU Governor Tumusiime Mutebile (left) and former Cranes Bank boss Sudhir Ruparelia (right). Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has withdrawn an appeal in their case – Crane Bank (In Receivership) against Sudhir Ruparelia and Meera Investments Limited. “Take notice that the appellant does not intend …

  INNOVATION | THE INDEPENDENT | “Design is at the centre of everything that we do whether we think about it or not,” says Eugene Kavuma, an enthusiast of Design and Founder of Kampala Design Week (KDW) says. In an examination of the most successful products on the market, globally or …

  Kampala, Uganda | THE INDEPENDENT | All bills passed by the 10th Parliament  but have not yet been assented to by the President have automatically lapsed, Speaker of parliament Jacob Oulanyah ruled today. Speaker Oulanyah told parliament today that all the bills that have lapsed both Govt and Private have …

The product could be a solution for pension funds seeking to diversify their holdings Kampala, Uganda | ISAAC KHISA | Sanlam Investment East Africa has unveiled Sanlam Income Fund in a bid to raise more capital for various investments but also provide favourable returns to investors. This new product places …

Finance Minister Matia Kasaija wants tangible results Kampala, Uganda | THE INDEPENDENT | Uganda’s Minister of Finance, Planning and Economic Development Matia Kasaija has appointed Peter Kimbowa, a team leader at the CEO Summit Uganda– a private sector Think Tank and managing Partner at IFE Consultants, as the pension fund’s …

Without reforms in decision-making at multilateral institutions, African economies will continue to be erroneously branded as poor quality investment destinations | HANNAH RYDER | Jeff Bezos, founder of Amazon and now space traveller, is famous for his observation that “your brand is what people say about you when you are not …