Business

Kampala, Uganda | THE INDEPENDENT | Finance Trust Bank will transition from a Tier I commercial bank to a Tier II credit institution effective April 1, following approval by the Bank of Uganda (BoU). The downgrade from a Tier I commercial bank to a Tier II credit institution followed a strategic …

 Mbale, Uganda | THE INDEPENDENT | Vivo Energy Uganda has commissioned a Liquefied Petroleum Gas (LPG) filling and storage plant in Mbale City as part of its strategy to expand access to clean, safe and reliable cooking energy in Eastern Uganda. The facility was commissioned by Mbale City Deputy Mayor …

Kampala, Uganda | THE INDEPENDENT | Uganda has jumped into the 3rd position in the Absa Africa Financial Markets Index (AFMI), a leap from the 4th position in 2024. The index evaluates 28 countries, looking at factors such as market depth, access to foreign exchange, and macroeconomic stability. According to …

Kampala, Uganda | THE INDEPENDENT | Mobile money companies have announced the full restoration of services following nearly a week of restricted access to cash. However, the disruption has raised several questions, including the reasons for the service interruptions during the election period and the regulatory framework governing mobile money. …

1xBet announces the official launch of 1xBalance.com, a global educational initiative designed to promote responsible betting and support healthier engagement with sports and digital entertainment across multiple markets. As interest in online sports entertainment continues to grow worldwide, 1xBalance provides players with clear guidance, practical tools, and educational content that …

Great news for the weekend: you’ve got “Four of a kind”, which, in our case, means four exciting matches involving the strongest clubs of the English Premier League, La Liga and Serie A. The best sports betting site 1xBet has analyzed the key matches of the week in European football. …

Kampala, Uganda | THE INDEPENDENT | The Uganda Shilling has continued to strengthen against the US Dollar in recent months, even as the country went through parliamentary and presidential elections last week. By mid-January, the Shilling was trading at about 3,443 Shillings for buying and 3,453.18 Shillings as the official …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development now projects Uganda’s economy to grow at 10.4 percent next financial year. This is based on the expected commencement of the flow and exportation of crude oil by the country, with State Minister for General Duties …

Kampala, Uganda | THE INDEPENDENT | Britam Uganda has been certified as a Top Employer Africa 2026 by the Top Employers Institute (TEI), marking the second consecutive year the financial services firm has attained the continental recognition following successful recertification across Kenya, Uganda, Rwanda and Mozambique. The certification places Britam …

  COMMENT | REBECCA NASSIWA | A car is rarely just a machine. For most of us, it is a daily partner, helping us to navigate early morning commutes, school runs, traffic jams, and the occasional long drive that offers a break from routine. We rely on it quietly and …