COMMENT | Emma Mugisha | Promoting financial inclusion is fundamental to achieving sustainable economic growth across Uganda. Put simply, financial inclusion means ensuring access to bank accounts for everyone who needs one. One of Stanbic Bank’s major roles is to ensure that we help drive this inclusion all the way …
Read More »Uganda, DRC to sign major roads construction deal today
Entebbe, Uganda | THE INDEPENDENT | DRC Deputy Prime Minister Christophe Lutundula Apala is expected in Uganda today to sign a key inter-governmental agreement on infrastructure. The deal will see Uganda partner with DRC to work on close to 220km of key roads in key eastern DRC towns. One key …
Read More »Uganda Airlines to start direct flights to South Africa in expansion move
Entebbe, Uganda | XINHUA | State-owned Uganda Airlines is set to start direct flights to Johannesburg, South Africa, in a move to expand connections on the African continent. The airline in a statement issued on Thursday said the first flight of the four-times-weekly flights from Entebbe to Johannesburg is scheduled …
Read More »Delivery firm, Glovo to reach more towns
Spanish on-demand courier service, Glovo, now plans to expand into Jinja or Entebbe as it grows its network across Uganda. Kampala, Uganda | ISAAC KHISA | The company currently partners with various businesses including retail chains such as Carrefour and fast food chains, KFC, Mr. Tasty Fried Chicken, The Food …
Read More »Airtel Uganda unveils no expiry data bundles
This comes two months since MTN Uganda revamped its no expiry data bundle dubbed MTN Freedom Bundles Kampala, Uganda | ISAAC KHISA | India’s Bharti Airtel subsidiary in Uganda has followed MTN’s footstep to unveil internet bundles with no expiry dates, enabling customers to browse with flexibility and comfort. Amit …
Read More »KCB Bank Uganda donates Sh7m towards surgery of vulnerable children at Cure Hospital
Mbale, Uganda | THE INDEPENDNET | KCB Bank Uganda has in honor of the Neuro-surgery Week, commenced its annual CSR drive, with a donation of Sh7 million to Cure Hospital in Mbale district.The donation will facilitate surgical operations for vulnerable children with life threatening conditions that include; Hydrocephalus, spinal …
Read More »Airtel records profit growth in East Africa
The company will soon welcome two new minority investors – The Rise Fund and Mastercard – in its mobile money business Kampala, Uganda | ISAAC KHISA | India’s Bharti Airtel operations in East African shrugged off the effects of coronavirus pandemic to record a 15% surge in revenue to US$1.38bn …
Read More »CSOs react to proposed 2021/22 budget
Many say, the planned expenditure may not boost service delivery Kampala, Uganda | JULIUS BUSINGE | Uganda’s newly proposed budget may not efficiently deliver services to the citizens, according to the Civil Society Organisations that do work on the budget. The first weakness was pointed out by Julius Mukunda, the …
Read More »NSSF assets hit Shs14.6trillion in COVID-19 period
Its comprehensive income declined during the one year coronavirus pandemic crisis, executives say Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund size grew by 16% from Shs12.66trillion in March 2020 to Shs14.62trillion in March 2021 amidst the coronavirus pandemic. The Fund’s Managing Director, Richard Byarugaba, and Chief …
Read More »KCCA to review Old Taxi Park stages ahead of reopening
Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority- KCCA is reviewing stages for taxis to operate in the newly renovated Old Taxi Park. Last week, KCCA released a route chart to be followed by taxi operators who were scheduled to return to the Old Taxi Park on on …
Read More »