Business

BoU data indicates a noteworthy increase in the value of Uganda’s exports to South Africa over the past decade, doubling to US$21.24 million Kampala, Uganda | JULIUS BUSINGE | President Yoweri Museveni has extended an olive branch to corporate giants MTN Uganda and Stanbic Bank, forgiving them for their past actions. …

  Amuru, Uganda | THE INDEPENDENT | The government has started delivering machines and equipment meant for the mechanized operations of Atiak Sugar Factory in the Northern Uganda district of Amuru. The machines have been purchased by the Uganda Development Corporation (UDC) through a sh108 billion supplementary budget passed by …

Namisindwa, Uganda | THE INDEPENDENT | Leaders in Namisindwa district have expressed concern about the low recovery of funds allocated for Youth Livelihood programs since 2013/14 when the program was launched. Jackson Wakwaika, the Namisindwa District LC V chairperson, addressed these concerns during his State of the District address on Friday. …

Latest statistics from the World Bank reveal that over 75% of Uganda’s population is below the age of 30 Kampala, Uganda | PATRICIA AKANKWATSA | MTN Uganda has unveiled the MTN Skills Academy, an online platform designed to empower the country’s youth and narrow the digital gap. The MTN Skills Academy, …

Lusaka, Zambia | African Media Agency |  The stage is set for the largest gathering of fintech stakeholders from around Africa and the globe as the Africa Fintech Summit prepares for its 10th edition. The summit, renowned for fostering meaningful conversations, partnerships and other ecosystem-enabling engagements, is scheduled to take …

With male grooming and skin care booming in Africa, the barbing sector is taking measures to improve the industry and ensure that barbing is an increasingly wealth-generating activity. BOTBA – the Battle Of The Barbers Africa – is one way the sector is attracting attention. SEPCIAL REPORT | BIRD AGENCY …

African countries are on an ambitious mission to enhance road transport efficiency, by leveraging digital technology. Digital licenses and a new generation of number plates are at the forefront of this much-needed transformation. SPECIAL REPORT | BIRD AGENCY | African nations are in the midst of a mobility revolution, utilising …

Vodacom Group is readying to introduce mobile satellite internet terminals – a service that would put the telco in direct competition with Starlink in a race to connect tens of millions of unserved and underserved mobile customers across Africa. SPECIAL REPORT | BIRD AGENCY | The hope of getting hundreds …

Kampala, Uganda | THE INDEPENDENT | Salaam Bank Uganda Ltd has become the first commercial bank to acquire a license to offer Islamic banking services in Uganda. Salaam Bank is a Ugandan subsidiary of Salaam African Bank of Djibouti, through Top Finance Bank which it acquired in August last year. Salaam …

Kampala, Uganda | THE INDEPENDENT | Petrol prices and global inflation are likely to tick higher again as the OPEC+ group of oil-producing countries will hold production at nine million barrels a day for the rest of the year. In Kampala, a liter of Diesel was at some pump station nearing …