Business

Kampala, Uganda | THE INDEPENDENT | The Capital Markets Authority (CMA) and Uganda Securities Exchange (USE) report continued growth of the stock market in Uganda, with the sector recovering from the lagging effects of the COVID-19 period. This has also come with an increase in the return on investments of …

Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank (DTB) Uganda has announced a strategic shift towards the rapidly expanding remittance corridors between Uganda and the United Arab Emirates (UAE) and Asia, as inflows from traditional sources such as Europe and North America begin to plateau. For years, Uganda’s remittance …

Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank (DTB) has officially been awarded the ISO 27001:2022 certification, a globally recognized standard for establishing, implementing, maintaining, and continuously improving an Information Security Management System (ISMS). This milestone, the bank said on July 30, marks its commitment to safeguarding customer data, …

NAIROBI, NAIROBI | Xinhua | Kenya and Uganda on Wednesday signed eight additional bilateral memoranda of understanding (MoUs), building on the 17 agreements already in place, to strengthen legal and institutional cooperation across strategic sectors. The signing was witnessed by visiting Ugandan President Yoweri Museveni and his Kenyan counterpart William …

OPINION | Julius Businge | In 2011, monetary policy briefings at the Bank of Uganda Boardroom, Level 7, delivered by the late Prof. Emmanuel Tumusiime Mutebile and often flanked by his deputy, Dr. Louis Kasekende and other top technical officials, were must-attend events. As a business journalist, I—alongside others—made it …

Kampala, Uganda | THE INDEPENDENT | I&M Bank Uganda is stepping up its commitment to Small and Medium-sized Enterprises (SMEs) with the launch of its “Tukikube ne I&M Bank” campaign. The initiative, unveiled at a breakfast meeting for SME customers at the Kampala Serena Hotel, aims to bridge the financial …

Jinja, Uganda | THE INDEPENDENT | In a significant move to champion inclusivity and belonging in the workplace, BrighterMonday Uganda, a leader in tech recruitment and HR solutions, recently hosted “HR Fusion: Creating Inclusive: Fostering Belonging for Every Talent To Thrive at Work.” The event, held on July 25, 2025, …

Kampala, Uganda | Julius Businge |  Uganda is set to host the first-ever Uganda Development Finance Summit from September 1 to 2, 2025, at the Speke Resort Convention Centre in Kampala. Organized by the Uganda Development Bank (UDB), the high-level summit will take place under the theme “Transforming Africa through National …

Kampala, Uganda | THE INDEPENDENT | Pride Bank Limited has been awarded the Agri-Finance Award (Credit Finance) at the prestigious Annual Agricultural Awards. In an evening themed: Celebrating Excellence and Innovation in Agriculture, the award recognizes the bank’s exceptional contribution to agricultural financing and its pivotal role in transforming Uganda’s agricultural …

Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda and the Uganda National Oil Company (UNOC), on behalf of the Ministry of Energy and Mineral Development, today formalized a landmark partnership to develop significant Liquefied Petroleum Gas (LPG) storage infrastructure at the Kabalega Industrial Park. This strategic collaboration is set …