Otuke, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has launched its livelihood support project. The initiative is aimed at recruiting informal sector workers to save with the fund. Launched in Otuke district on Friday, the project is currently being piloted in the four districts of Otuke in …
Read More »Kenya Airways urges consolidation of African airlines to cut intra-continental travel costs
NAIROBI | Xinhua | Kenya Airways, the country’s flag carrier, said on Friday that the consolidation of airlines on the continent will help reduce the cost of intra-African air travel. Allan Kilavuka, chief executive officer of Kenya Airways, said in the Kenyan capital of Nairobi that travel within Africa …
Read More »President Museveni urges businesses to utilize UDB for credit facilities
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has encouraged business owners especially manufacturers and agriculturalists to opt for affordable credit provided by Uganda Development Bank (UDB). The President made the call recently while launching the new Karuma 600 MW hydropower project which now takes Uganda’s installed capacity to …
Read More »Businesses seek US$28m from UK-funded programme
Kampala, Uganda | THE INDEPENDENT | In November this year six selected businesses from the UK-funded Climate Finance Accelerator (CFA) Uganda will seek over US$28 million in funding as they pitch their innovative low-carbon projects to investors, officials said on Sept.26. These six new businesses, chosen from more than 140 applicants, …
Read More »Uganda Breweries looking for partners for 2024 Bell Obafest
Uganda Breweries announces call for businesses to provide goods and services at the Kampala, Uganda | THE INDEPENDENT | The search for vendors for the second edition of Bell ObaFest providing opportunities for businesses in food and beverages, fashion, music and arts has stared. Uganda Breweries has indicated that persons …
Read More »PostBank enables 353 women entrepreneurs to secure GROW Loan
PostBank Completes Ugx. 6 billion Disbursement of the First Tranche of the GROW Loan to 353 Women Entrepreneurs Kampala, Uganda | THE INDEPENDENT | PostBank Uganda, driven by its purpose of Fostering Prosperity for Ugandans, has completed Ushs 6 billion disbursement of the first tranche of the GROW loan to …
Read More »UBL promo rewards with Shs254million
Kampala, Uganda | THE INDEPENDENT | Prizes worth Shs254 million have so far been received by customers who have participated in the Laga Swagga promotion which seeks to reward customers upon purchase of Uganda Waragi, V&A, Bond 7, and Gilbeys. The promotion has also attracted over 360,000 customers within just seven …
Read More »dfcu new era for women in business
Kampala, Uganda | THE INDEPENDENT | On Sept.23, dfcu Bank rolled out its GROW initiative to traders in Owino, downtown Kampala, marking a significant step forward in empowering Uganda’s women entrepreneurs. Owino, a bustling hub for commerce in Kampala, is home to thousands of traders, many of whom are women striving …
Read More »UBA’s Tony Elumelu uses UNGA 79 to urge global leaders to invest in Africa’s future
Tony Elumelu at #NGA79: Driving Financial Inclusion, Tackling Global Hunger, Unemployment New York, the United States | THE INDEPENDENT | Tony Elumelu, Group Chairman of United Bank for Africa (UBA) and founder of The Tony Elumelu Foundation, used his platform at the 79th United Nations General Assembly (UNGA) in New …
Read More »UBA Uganda denies management crisis amid leadership transition
Kampala, Uganda | THE INDEPENDENT | United Bank for Africa Uganda Limited (UBA Uganda) has refuted recent media reports suggesting a management crisis within the organization, affirming that the current Managing Director, Chioma A. Mang, has been assigned broader responsibilities within the UBA Group, effective October 1, 2024. The …
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