Kampala, Uganda | JULIUS BUSINGE | Minister of State for Gender and Culture Mary Kamuli Kuteesa has urged Ugandans to support local entrepreneurs by buying their products, saying domestic demand is critical to helping small businesses grow and create jobs. When asked about the government’s strategy to connect local entrepreneurs …
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Kampala, Uganda | THE INDEPENDENT | Ecobank Uganda has launched a digital lending facility that allows eligible merchants to access up to Shs70 million in working capital based on their digital transaction history rather than physical collateral. The Electronic Merchant Cash Advance (eMCA) is designed to provide short-term financing to …
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Kampala, Uganda | URN | The Uganda Shilling has continued to weaken against the US Dollar, with the official Bank of Uganda (BoU) exchange rate reaching new highs on Tuesday. The dollar was quoted at 3,919 Shillings on the official market, while commercial banks were selling it for as much …
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Kampala, Uganda | URN | Uganda Development Bank’s Managing Director, Patricia Adongo Ojangole, says institutional collapse rarely happens suddenly, suggesting that institutions weaken gradually, through ignored risks, broken controls, compromised governance, and small ethical decisions that accumulate over time. She used this analogy to warn and urge newly qualified internal …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s marketing industry is set to come under review as the Uganda Marketing Excellence Awards (UMEAS) return for their sixth edition, with organisers planning a State of Marketing Address to examine emerging trends and challenges shaping the sector. The awards, organised by Evolve Group …
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Kampala, Uganda | URN | The National Social Security Fund recorded an 85 percent increase in total revenue in the financial year ended June 2026, with income rising to 6.51 trillion shillings. NSSF Managing Director Patrick Ayota attributed the growth to improved performance of the economy and the sectors and …
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East African airlines are using algorithms to make pricing decisions leaving a question: when the price on the screen changes, how much of that decision belongs to a human revenue manager and how much belongs to a machine? NEWS ANALYSIS | IAN KATUSIIME | At midday on …
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Kampala, Uganda | NEWS CORRESPONDENT | Equity Bank Uganda is exploring expanded commercial credit support for Zigoti Coffee Works Limited as the family-owned company seeks to increase coffee production, value addition and access to new markets. These discussions followed an Equity Bank visit to Zigoti’s farm and processing facilities …
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Pearl Bank Deepens Digital and Development Banking Drive as Loan Book Crosses UGX1 Trillion Kampala, Uganda | NEWS CORRESPONDENT | Pearl Bank has reaffirmed its ambition to become Uganda’s leading indigenous, digitally driven and impact-focused financial institution. This, as the bank whose purpose is to foster prosperity for Ugandans, accelerates …
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COMMENT | CHRISTIAN WAMAMBE | Four years ago, in September, SafeBoda made a bold move into car hailing by launching SafeCar to address a simple but increasingly important customer need. SafeBoda customers had embraced the convenience, safety and affordability of boda rides to navigate Kampala’s traffic on their way to …
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The Independent Uganda: You get the Truth we Pay the Price
