Business

Kampala, Uganda | THE INDEPENDENT | The performance volatility of the New Vision Printing and Publishing Company Ltd continues as the management notifies current and prospective shareholders of an impending loss for the year 2022/2023. The notice issued by Managing Director Don Wanyama is based on the “preliminary assessment”  of …

Kampala, Uganda | THE INDEPENDENT | Apple has confirmed its new iPhone will not feature its proprietary lightning charging port, after the EU forced the change, BCC reported on Sept.14. The tech giant said that the iPhone 15, unveiled at its annual event on Tuesday, would use a USB-C cable as …

COMMENT | MICHAEL JJINGO | It’s an unfortunate truth that often when we’re in need of a workout, we’re least motivated to actually get active! The hardest thing about exercises is to start. Once you are doing regular physical exercises, the hardest thing is to stop. “Those who think they have …

Kampala, Uganda | THE INDEPENDENT | Google has dismissed arguments that it is the world’s biggest search engine because of illegal practices, saying to switch to another company takes “literally four taps”, according to BBC’s news report for Sept.13. A lawyer for the company made the remarks in court in Washington …

The regulator’s focus is on expanding its customer base and increasing average spending in the insurance sector Kampala, Uganda | JULIUS BUSINGE | Uganda’s insurance sector has shown steady growth, with underwritten premiums increasing from Shs 711.6 billion in the second quarter of 2022 to Shs 828.9 billion in the second …

Kampala, Uganda | THE INDEPENDENT | In a bid to expand access to credit card services in Uganda, Absa Bank Uganda has launched two new credit card digital innovations named ‘Buy Now, Pay Later’ and ‘Credit Card-Initiated Payments’. ‘Buy Now Pay Later’ will enable customers to make payments off their credit …

French super major call for tenders to supply 500,000 tonnes of green hydrogen per annum Kampala, Uganda | RONALD MUSOKE | French energy giant TotalEnergies has initiated a step toward its goal of decarbonizing its European refineries by issuing a call for tenders to secure an annual supply of 500,000 tonnes …

Amudat, Uganda | THE INDEPENDENT | Bee farmers in Amudat district are experiencing a significant increase in honey production, thanks to ongoing training in modern beekeeping techniques. Farmers credit their success to the skills they’ve acquired through various training programs, particularly those focusing on modern beekeeping practices such as using modified …

Experts emphasize the importance of building trust and financial literacy to attract more customers Kampala, Uganda | ISAAC KHISA |   More than two decades ago, micro-insurance in sub-Saharan Africa bore the weight of social responsibility, grappling with a modest customer base and low premiums that rendered claims both unstable and unpredictable. …

Kampala, Uganda | THE INDEPENDENT | At least 200 lucky parents stand a chance to win cash prizes worth Shs100 million when they pay school fees for their children through FlexiPay or Stanbic Bank agent banking channels, courtesy of a six-week back-to-school cashback promotion aimed at supporting guardians return their kids …