Business

Kampala, Uganda | THE INDEPENDENT | The Government has launched a five-year Public Financial Management (PFM) Reform Strategy (2025–2030), designed to transform how public funds are raised, allocated, and utilised. The strategy seeks to drive inclusive development and improve service delivery. Speaking at the launch, State Minister for Planning Amos …

Kampala, Uganda | THE INDEPENDENT | Banking practitioners in Uganda will soon be required to have a professional practicing license as the industry climbs up the professionalism ladder. This will be following in the footsteps of the legal, engineering, accountancy and medical industries whose professional standards are, by law, governed …

CAIRO | Xinhua |  SOUEAST, a Chinese auto brand, unveiled four new models in Egypt on Thursday, marking a significant expansion in the African market. Held in the northern Egyptian city of Alamein, the launch featured four new models covering almost all segments of the SUV market, namely the flagship …

London, UK | THE INDEPENDENT | dfcu Bank has secured a procedural victory in an ongoing case before the English High Court as part of legal proceedings initiated by Crane Bank Limited (CBL) and others. The case against dfcu and other parties remains in the pre-trial phase, with a full …

Fort Portal, Uganda | THE INDEPENDENT | The Fort Portal Catholic Diocese has launched a five-year diocesan coffee policy (2025–2030) aimed at promoting sustainable coffee farming, food security, and economic self-reliance among Christian families. The launch event was held on Wednesday at the Diocesan Model Farm in Nkuruba, Rutete Sub …

Entebbe, Uganda | THE INDEPENDENT | Entebbe International Airport continued its post-COVID recovery, with the facility seeing a 6% increase in international passengers (1,133,366) handled during the first half of 2025 compared to 1,069,224 passengers in the same period of January to June 2024. There was a near-similar jump in cargo traffic …

Kampala, Uganda | THE INDEPENDENT |  Absa Group CEO Kenny Fihla is visiting Uganda this week as part of his first strategic East Africa roadshow since taking up the role of Group CEO last month. The visit underscores Absa’s commitment to regional integration, customer-centricity, and long-term investment in East Africa’s …

Kampala, Uganda | THE INDEPENDENT | The government has finally embarked on the enforcement of the directive that compels public contracting entities to stop conducting public procurement and payment in foreign currencies. The directive exempts foreign missions that are allowed to use the currencies in the countries in which they …

Kampala, Uganda | THE INDEPENDENT | Rubis Energy Uganda has announced a significant partnership with the Missionaries of the Poor, a faith-based organization dedicated to assisting Uganda’s most marginalized individuals. This collaboration, which began with an official handover ceremony at the Bethlehem Children’s Home in Busega, Kampala, signifies a long-term …

Kampala, Uganda | THE INDEPENDENT | Implementation on a new four-year project to promote sustainable economic growth, boost trade and investment, and create green and decent jobs in Uganda has taken off. The European Union (EU) funded Sustainable Business for Uganda (SB4U) 2.0 – Trade and Investment Development project is …