The NSSF Act now enables the Fund to extend its services beyond traditional employees, allowing informal sector workers and the self-employed to join voluntarily Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) recently announced an 11.5% interest rate for its members, a clear indication that despite challenges, …
Read More »UNOC hails Ugandan logistics companies for maximizing local content
Kampala, Uganda | THE INDEPENDENT | The National Oil Company-UNOC has commended players in the oil and gas sector for adhering to the local content needs that have seen numerous Ugandans benefit from the sector. Jessica Kyeyune made the remarks while representing the UNOC CEO at a National Supplier engagement …
Read More »Karuma Hydropower Dam
Uganda makes a major leap in energy future but more work lies a head COVER STORY | IAN KATUSIIME | Uganda commissioned its largest hydropower project, the Karuma Hydropower Dam, on September 26, marking a significant milestone in the country’s journey towards enhanced electricity generation for both industrial growth and household …
Read More »It is all about the people
COMMENT | Doreen A. Muhangazi | In today’s rapidly evolving business landscape worldwide, the caliber of Human Capital in any given organization has become pivotal to its success. Collectively, human Capital refers to the set of skills, knowledge and experience possessed by the Organization’s workforce, and these have since emerged as the …
Read More »PostBank, MTN MoMo partner to usher more Ugandans into the money economy through the XtraCash
Kampala, Uganda | THE INDEPENDENT | PostBank Uganda (PBU) in partnership with MTN Mobile Money (U) Limited (MTN MoMo) have launched Xtracash, a digital Micro Lending solution that is positioned to extend short term facilities to MTN mobile money subscribers. This initiative is poised to provide approximately 13 million mobile wallet …
Read More »Self-Exclusion in Uganda: A Path to Responsible Gambling
A responsible approach to gambling is highly promoted across all continents, including Africa. Uganda is a relatively young market that is just beginning to boom, so appropriate actions to control the sector are necessary. The iGaming industry is legal and regulated in the country, but it still lacks user awareness …
Read More »Responsible Betting in Uganda: The Best GamStop Alternatives
The global digital revolution couldn’t get around Africa, and Uganda is one of the best-developed countries on the continent. The rise in online betting has made this risky entertainment more accessible than ever, so locals are increasingly excited. According to reports, 57% of Ugandan residents make sports predictions regularly. Unfortunately, …
Read More »NSSF gives us 11.5% and looks higher, to a better Uganda
NSSF aims to create more jobs and make saving a way of life ✳ 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 ✅ …
Read More »Uganda Breweries Laga Swagga promotion attracts 360,000 customers in 7 weeks
Customers UGX 254 million in prizes at Uganda Breweries Laga Swagga promotion Kampala, Uganda | THE INDEPENDENT | Prizes worth UGX254 million have so far been received by customers who have participated in the Laga Swagga promotion which seeks to reward customers upon purchase of Uganda Waragi, V&A, Bond 7 …
Read More »Uganda Airlines lands at new destinations Harare and Lusaka
Uganda Airlines expands its SADC footprint with 15th and 16th route to Lusaka, and Harare Lusaka, Zambia | THE INDEPENDENT | Uganda Airlines Wednesday made a nostalgic return to favorite central African destinations, Harare and Lusaka. Touching down and taxiing to water cannon salutes cheers, dancing and jubilation at both the …
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