Business

Kampala, Uganda | THE INDEPENDENT |  Felicite Nson has today taken over as Managing Director Uganda Breweries Limited (UBL), making her the first woman to lead one of the country’s most iconic and enduring brands. Nson succeeds Andrew Kilonzo, who has been appointed Managing Director of Kenya Breweries Limited (KBL). With more …

The deal shows how global and regional lenders are teaming up with local banks to close Africa’s industrial financing gap Nairobi, Kenya | THE INDEPENDENT | KCB Group and the African Export-Import Bank (Afreximbank) have signed a financing agreement worth $800mn to support investors in the Vipingo Special Economic Zone …

The East African country is developing oilfields around Lake Albert in partnership with TotalEnergies and China’s CNOOC, with commercial output expected next year Kampala, Uganda | JULIUS BUSINGE | On Sep 16, TotalEnergies EP Uganda launched its 2025 Social Report, highlighting jobs, community projects and environmental safeguards in its Tilenga …

  The modular cover spans Africa, India, Europe and other international markets, with five plans targeted at both individuals and corporates Kampala, Uganda | JULIUS BUSINGE | APA Insurance Uganda, in partnership with South Africa’s Hollard Health, has launched an international health insurance product offering coverage of up to Shs36 …

    Kampala, Uganda | THE INDEPENDENT |  Absa Uganda has hosted an industry-wide workshop focused on the critical importance of data privacy in the digital age. The event was held at the Golden Tulip Hotel in an effort to boost and uphold the highest standards of ethical banking and customer …

  The event served as a tribute to a national icon and a call to action for a stronger, more resilient industry that can safeguard livelihoods and drive inclusive growth Masaka, Uganda | JULIUS BUSINGE | Masaka City came alive on September 18 as the Insurance Training College (ITC) and …

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has announced that Daniel Ogong, the long-serving Head of Brand and Marketing, will be leaving the role effective October 1, 2025, after eight years of distinguished service. Widely regarded as one of Uganda’s most influential marketing leaders, Ogong has played a central …

  Kampala, Uganda | THE INDEPENDENT | Uganda’s journey toward a greener and more sustainable transport sector is gaining momentum, with E-Bus Xpress playing a pivotal role in realizing the country’s national e-mobility vision. The E-Bus Xpress is Uganda’s first electric mass transport initiative by Kiira Motors Corporation, currently operating in …

BEIJING, CHINA | Xinhua | Global trade in services is accelerating its shift toward greener and smarter development, with green technologies and environmental solutions emerging as new growth drivers and creating broader opportunities for international cooperation. At the ongoing China International Fair for Trade in Services (CIFTIS) in Beijing, new-type …

Kenya has introduced new banking policies. An economist weighs them up Nairobi, Kenya | AGENCIES | The Central Bank of Kenya has made two significant changes in the country’s banking sector. The first is to lift a decade-long moratorium on licensing new banks. Second is to raise capital requirements, the amount of money …