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NSSF annual contributions rise to sh1.72 trillion

Kampala, Uganda | THE INDEPENDENT | The amount of money that Ugandans contribute to the National Social Security Fund (NSSF) has risen from 1.27 trillion shillings in 2020 to 1.72 trillion in 2023. This contribution comes from up to 2.2 million members. Information obtained from NSSF indicates that this growth in savings …

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‘Abakyala ku Ntiiko’ as Equity Bank celebrates women

Kampala, Uganda | THE INDEPENDENT |  Equity Bank is set to celebrate Women’s Month with a series of special events aimed at empowering and enabling women in small-scale businesses to achieve their full potential.  In line with the International Women’s Day theme of ‘invest in women; Accelerate progress,’ Equity Bank …

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Uganda, EU agree to increase trade

Kampala, Uganda | THE INDEPENDENT | The European Union and Uganda have agreed on the need to increase trade and investments between them because the current environment is favorable. While the EU is Uganda’s largest single source of foreign direct investment and tourists, trade between the two is worth about 1.5 …

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Airtel Africa, Cisco supports businesses in Africa

Kampala, Uganda | THE INDEPENDENT | Airtel Africa, a telecommunications service provider announced a ground-breaking expansion of its service portfolio in collaboration with Cisco. The strategic partnership aims to empower businesses to seamlessly embark on their digital transformation journey by offering Network-as-a-Service (NaaS) solutions across various service platforms. In today’s fast-paced …

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MTN Uganda boosts a rural enterprise with coffee processing machines in Sironko District

Kalaa Mugosi Women Empowerment Ltd, serving 1,246 small-scale farmers, has been at the forefront of advocating for economic empowerment to improve community livelihoods Sironko, Uganda | THE INDEPENDENT | Kalaa Mugosi Women Empowerment Ltd, a community-based social enterprise located in Sironko District, Eastern Uganda, has historically encountered challenges in processing and …

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MTN, Huawei sign partnership

Kampala, Uganda | THE INDEPENDENT | MTN Group and Huawei signed a Memorandum of Understanding for a Joint Innovation Technology Lab, aiming to deepen cooperation in technological innovation. The signing ceremony, which was held at MWC Barcelona, Spain was attended by senior delegations from MTN and Huawei on Feb.28. This strategic …

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Turkish real estate firm enters Ugandan market

The company plans to invest about US$30million in the short and long term Kampala, Uganda | THE INDEPENDENT |  Turkish real estate firm, VAAL Real Estate, has entered the Ugandan market with its flagship housing project dubbed CADENZA valued at approximately US$30 million. The construction works for CADENZA located in …

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