Business

Kampala, Uganda | JULIUS BUSINGE | A new global accounting framework for non-profit organisations was unveiled today (March 11) in Kampala, with regulators and financial experts describing it as a major step toward strengthening transparency and accountability in Uganda’s NGO sector at a time when development funding is tightening worldwide. …

Geneva, Switzerland | AKDN MEDIA | The Aga Khan Fund for Economic Development S.A. (AKFED) announced March 10, 2026 that it has entered into an agreement to sell its 100 percent shareholding in NPRT Holdings Africa Limited (NPRT) to Taarifa Ltd. NPRT holds a 54.08 percent shareholding in Nation Media Group PLC …

Namanve, Uganda | THE INDEPENDENT | Equity Bank Uganda recently successfully completed the migration of its core data centre operations to the Raxio Data Centre in Namanve Industrial Park, marking a significant milestone in the bank’s digital transformation journey. The migration represents a full relocation of the bank’s core digital infrastructure, …

Nairobi, Kenya | THE INDEPENDENT | Kenya’s President William Samoi Ruto on Tuesday finally rang the bell to commence trading in the Kenya Pipeline Company IPO, in which Uganda recently acquired shares. The flagging off of the trading on Tuesday morning was attended by Ireen Batebe, the Permanent Secretary of …

Cairo, Egypt | THE INDEPENDENT | The African Export-Import Bank has ranked first as Mandated Lead Arranger and Bookrunner in the 2025 Bloomberg Africa Borrower Loans League Tables, reinforcing its position as a leading arranger of capital for African borrowers. The rankings recognize the bank’s role in mobilizing large-scale financing from …

  Uganda launches its first Islamic insurer, Tamini General Insurance, as it seeks to widen financial inclusion Kampala, Uganda | THE INDEPENDENT | Uganda has taken another step towards diversifying its financial sector with the launch of its first Shariah-compliant insurance company, a move officials say could widen access to …

Activity at Dubai’s main airport has since begun to recover gradually, with dozens of departures recorded during the morning hours as airlines cautiously return aircraft to their schedules Nairobi, Kenya | AGENCIES | Kenya Airways has become the first East African carrier to resume passenger flights to Dubai, restoring a …

Consumer advocates say the changes are overdue given the rapid expansion of mobile internet and digital services across COMESA member states Kampala, Uganda | JULIUS BUSINGE | The Common Market for Eastern and Southern Africa has adopted its most far-reaching overhaul of competition and consumer protection rules in more than two …

Kampala, Uganda | THE INDEPENDENT | Coca-Cola Beverages Uganda (CCBU) has officially launched a new 10-litre bulk pack under its Rwenzori Pure Natural Mineral Water portfolio further expanding access to affordable, safe and trusted hydration for Ugandans. The new 10L pack provides a convenient middle ground between smaller take-home packs and …

  As Uganda accelerates its cashless ambitions, there is debate about whether it can truly leave cash behind Kampala, Uganda | IAN KATUSIIME | Uganda’s financial ecosystem has made a tremendous shift towards mobile money transactions — led by platforms like MTN Uganda and Airtel Uganda — which now move trillions …