Business

NEWS ANALYSIS | URN | Commercial Banks in Uganda have two days left to meet the new minimum Cash Reserve Requirement (CRR) set by the central bank at 13.5 percent up from the previous 11 percent. CRR is a part of the total customer deposits that a bank should maintain …

  The agreement comes as African businesses increasingly seek to use the AfCFTA to expand beyond their domestic markets   Nairobi, Kenya | THE INDEPENDENT |  Africa’s multilateral lender, African Export-Import Bank and the East African Business Council are expanding digital trade access for businesses across East Africa, linking companies …

  SPECIAL FEATURE | THE INDEPENDENT |  Brenda Zalwango ranks among the most prominent and widely recognised digital personalities in Uganda today, with a public profile that very few Ugandan creators can match in either scale or breadth. Where most social media figures build a single identity — as a …

  SPECIAL FEATURE | THE INDEPENDENT | Her name is Alma Daizy Namunswa. Online, she is known as Mummy Gadgets What began in the boot of her car during Uganda’s COVID-19 lockdown has grown into Mummy Gadgets, a Kampala-based retail brand. Her journey mirrors the wider transformation of Uganda’s retail …

    Five Women-Led Startups Receive $10,000 Each Under Standard Chartered Foundation Women in Tech Programme   Kampala, Uganda | NEW CORRESPONDENT |  Five women-led technology and tech-enabled businesses have received a combined US$50,000 (about Shs185 million) in catalytic funding to support the next phase of their growth under the Standard …

  Why the man behind the restaurant has become part of the story   FEATURE | THE INDEPENDENT | Chef Mutebi Amiri is known publicly through several identities at once. He is a restaurateur, a chef, a businessman, a former entertainment promoter and a digital personality. He is also associated …

    The East African nation is trying to build alternative fuel routes rather than depend on a single route   NEWS ANALYSIS | JULIUS BUSINGE |  Uganda’s oil story has, for more than a decade, been told from the shores of Lake Albert.  That is where the country’s biggest …

    Waste generation in the region increased to 180 million tonnes in 2023 from 90 million tonnes in 2010, according to a presentation by Gift Gabriel Mbuya of the East African Business Council   Nairobi, Kenya | THE INDEPENDENT | East African governments and businesses have launched a regional …

  Three-year partnership will combine trade finance, insurance and reinsurance expertise to build skills across African markets   AFRICA NEWS  | ISAAC KHISA | The African Export-Import Bank (Afreximbank) and ZEP-RE have signed a three-year agreement to strengthen professional and institutional capacity in trade, insurance, reinsurance, risk management and trade …

Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda has launched a mobile training programme aimed at taking skills development closer to employees working at Shell service stations and mechanics across the country. The initiative, dubbed “Learning on Wheels,” consists of two mobile training units a Retail Academy and a Shell Lubricants …