SPECIAL FEATURE | THE INDEPENDENT | For a teacher putting aside part of a monthly salary, a young professional making the first serious savings of their career, a couple building a business or a group of friends contributing to an investment club, wealth can feel like something that …
Read More »Steel & Tube targets local iron ore production to reduce reliance on imports
Kampala, Uganda | THE INDEPENDENT | Steel & Tube Industries Limited is exploring opportunities to develop a domestic iron ore supply chain as part of efforts to reduce its dependence on imported raw materials and expand local steel production. The company disclosed its plans during the Construction Hardware Dealers Association …
Read More »Kenyan women move under the bonnet as EVs take off
Kenya’s electric motorcycle boom is pulling women into the repair, battery and fleet jobs needed to keep the new vehicles on the road. SPECIAL REPORT | BIRD AGENCY | Irene Wali wants more women under the bonnet. At her Chixz Auto Garage and Services, women are trained to …
Read More »Pride Bank, MOGAS partner to expand access to affordable clean cooking solutions
Kampala, Uganda | THE INDEPENDENT | Pride Bank, in partnership with MOGAS Uganda, has launched a clean cooking financing initiative aimed at increasing access to affordable, efficient and environmentally friendly cooking solutions for institutions and households across Uganda. The initiative was officially launched at Vienna College, Namugongo, where MOGAS Uganda …
Read More »Chinese phone maker Xiaomi unveils REDMI 17 Series
Beijing, China | TECH NEWS | Xiaomi has unveiled the REDMI 17 Series, the latest generation of its budget smartphone lineup, introducing two models: the REDMI 17 and the REDMI 17 5G. The company said the series is built around battery life, a large display and everyday durability, positioning …
Read More »NSSF: It is 22.53 Percent to members
✳ Year – Interest 2012 ✅10.00% 2013 ✅11.23% 2014 ✅11.50% 2015 ✅13.00% 2016 ✅12.30% 2017 ✅11.23% 2018 ✅ 15% 2019 ✅ 11% 2020 ✅ 10.75% 2021 ✅ 12.15% 2022 ✅ 09.65% 2023 ✅ 10.00% 2024 ✅ 11.50% 2025 ✅ 13.5% 2025 ✅ 22.53% Kampala, Uganda | URN & THE …
Read More »High feed, drug prices push Busia poultry farmers to Kenya
Busia, Uganda | URN | Poultry farmers in Busia District are increasingly crossing into neighbouring Kenya to buy feeds, vaccines and drugs, citing lower prices and rising production costs in Uganda. The farmers say a 50-kilogramme bag of starter crumbs costs about KSh4,139, equivalent to roughly Shs125,000, in Kenya, compared with …
Read More »MTN internet bus hits 6,700 learners milestone
Kampala, Uganda | THE INDEPENDENT | MTN Foundation, in partnership with the Maendeleo Foundation, has graduated 305 trainees in Kampala from the sixth phase of its Internet Bus and Financial Literacy Programme, taking the number of Ugandans trained through the initiative to more than 6,700. The graduates received certificates …
Read More »Pride Bank and Interswitch join forces to deliver easier, accessible banking solutions to customers
Through this partnership, Pride Bank customers will benefit from two key solutions: Quickteller Agency Banking, which extends selected banking services through Interswitch’s network of more than 21,000 agents across Uganda, and the roll out of Pride Bank Verve Debit Cards, connecting customers to a wider network of ATMs and …
Read More »France expands support for Uganda’s green entrepreneurs
The programme is valued at about Shs2.8bn grant from the French Embassy and Shs400bn co-financing from Stanbic Bank Uganda Kampala, Uganda | JULIUS BUSINGE | France is expanding support for Uganda’s women and youth-led green businesses, moving beyond project funding towards a longer-term pipeline intended to connect …
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