Business

Mbarara, Uganda | THE INDEPENDENT | Housing Finance Bank is set to lead discussions on real estate, housing and infrastructure investment in Western Uganda as industry stakeholders converge in Mbarara for the Ankole Real Estate & Infrastructure Conference. The conference, scheduled for August 21, 2026, at Igongo Country Hotel in Mbarara, …

Kampala, Uganda | THE INDEPENDENT | dfcu Bank has called for stronger integration among financial institutions, regulators and central banks in East Africa to improve access to capital, strengthen industrial competitiveness and facilitate cross-border trade. Speaking at the Regional Industrialisation Conference organised by the Private Sector Foundation Uganda (PSFU) at …

    Uganda Truck union leader Asadu Musisi Sentongo calls for EAC intervention   Juba, South Sudan | URN | Six Ugandan truck drivers are missing after armed men reportedly abducted them and seized their trucks in Bor Town, Jonglei State, South Sudan. The drivers were reportedly abducted between Tuesday …

Kampala, Uganda | THE INDEPENDENT | MTN Mobile Money (U) Limited has launched a nationwide financial literacy campaign aimed at encouraging customers to borrow responsibly, repay their digital loans on time and build stronger credit habits. The campaign, launched in Kampala on Wednesday, August 19, 2026, is being conducted under the …

Strong revenue growth and strategic lending drive Stanbic’s strongest first-half performance   Kampala, Uganda | JULIUS BUSINGE | Stanbic Uganda Holdings Limited (SUHL) has posted a 28.2% increase in net profit for the first half of 2026, highlighting the resilience of Uganda’s banking sector even as businesses continue to grapple …

Kampala, Uganda | URN | Several commuter taxis that did not have the required blue strip and were carrying roof luggage were impounded during a joint traffic and Ministry of Transport operation on the Kampala-Gulu Highway. Prompt operations on major roads were launched last week along the Kampala-Masaka Highway, with …

  Kolawole Adeniyi has spent the past four months leading Glovo Uganda as its general manager. A trained pharmacist from Obafemi Awolowo University, he holds an MBA from IE Business School in Madrid. Before joining Glovo Uganda, he held leadership positions at Danone, Airtel and Jumia in Nigeria. He also …

  Kampala, Uganda | URN | The Ministry of Finance has clarified the criteria and procedure taxpayers must follow when seeking remission of tax liabilities, stressing that the measure is reserved for exceptional circumstances and is not intended to shield businesses from ordinary tax obligations. Finance Minister Henry Musasizi told Parliament …

  Mbale, Uganda | NEWS CORRESPONDENT |  The Sino-Uganda Mbale Industrial Park is set for a further boost following a strategic partnership between Equity Bank Uganda and Tian Tang Group to expand access to finance, strengthen businesses and create more opportunities across the industrial ecosystem. Tian Tang Group has built …

  Mbale, Uganda | NEWS CORRESPONDENT | As Ugandan manufacturers look beyond the domestic market, moving money across borders efficiently is becoming as important as moving goods. For Mbale-based manufacturer, importer and exporter UKI Uganda Limited, cross-border payment delays have been a challenge as the company expands across East and …