Business

Equity Bank wins “Best Regional Bank in East Africa” at the African Banker Awards 2025. Recognition affirms Equity Group’s regional leadership and role in advancing financial inclusion and socio-economic transformation across the continent. Abidjan, Côte d’Ivoire  | THE INDEPENDENT | In recognition of its impactful presence across the region, Equity Bank …

  Kampala, Uganda | THE INDEPENDENT | The Inspectorate of Government has in the past year investigated and concluded 2,218 corruption cases. According to the Inspector General of Government (IGG), Beti Kamya, of those cases, administrative action against 1,204 public officers in ministries, departments, and local governments was recommended. She noted …

We already know from existing research that the gig economy places new pressures on transport workers to drive fast and take risky decisions Kampala, Uganda | RICH MALLETT | Motorcycle-taxis are one of the fastest and most convenient ways to get around Uganda’s congested capital, Kampala. But they are also the most dangerous. …

African central banks and payment systems are set to spearhead the continent-wide adoption and rollout of the new card Abuja, Nigeria | THE INDEPENDENT | Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first Pan-African card scheme. Unveiled on June 27 at the …

The telecoms giant is betting on a naira-priced cloud to undercut AWS and Azure Abuja, Nigeria | AGENCIES | MTN Nigeria has launched what it claims is the country’s largest prefabricated modular data centre, marking a bold push into the country’s fast-growing cloud market and taking aim at global giants such …

COMMENT | Maya Majueran – XINHUA | A multi-polar international monetary system envisions a global financial architecture in which multiple currencies, rather than a single dominant one such as the U.S. dollar, are widely used for international trade, finance, and as reserve assets. This model fosters a multi-currency ecosystem, enabling …

The lender’s  shareholders approved a dividend payout of Kshs. 16 billion (approximately Shs 444.9 billion) for the year ending December 2024 Nairobi, Kenya | THE INDEPENDENT | Equity Group Holdings Plc is set to open a Representative Office in the United Arab Emirates (UAE), marking its first venture outside Africa and …

  COMMENT | MORRISON RWAKAKAMBA | Having campaigned under the banner of making the United States the “crypto capital” of the world, in his first week in office, he signed an executive order intended to support the growth of the United States crypto industry, signaling an intention to approach crypto …

Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda has kicked off an exciting new campaign called “Ebyakabi Nze Abirina #SityaMbeera,” a powerful message of confidence and toughness for every motorcyclist in Uganda. This campaign shines a light on two top-notch Shell products: Shell Advance motorcycle engine oil and Shell …

Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda (ICPAU) has officially announced a new Council that will govern the Institute for the next two years, from 2025 to 2027. The Council, established in accordance with Section 8 of the Accountants Act, is responsible for …