Business

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 …

Kampala, Uganda | Patricia Akankwatsa |A groundbreaking study on the Rebuild programme, a collaborative effort by the International Rescue Committee (IRC) and the IKEA Foundation, has clearly demonstrated the transformative power of cash grants in empowering refugees and host communities in urban settings. The findings, presented at a recent gathering …

Kampala, Uganda | Patricia Akankwatsa | Britam Uganda officially launched its new life assurance business, Britam Life, marking a significant expansion of its services in the country. This was during Britam’s 60 th anniversary celebrations held on 09 July at the Kampala Serena hotel. The new unit will initially focus …

Gulu, Uganda | THE INDEPENDENT | Gulu City Council has over the past two weeks intensified efforts to enforce mandatory building plan approvals to curb illegal construction and promote orderly urban development. As Gulu City continues its rapid transformation from a post-conflict zone to a modern urban hub, city authorities …

  NAIROBI | Xinhua |  Kenya recorded tax revenues of 2.57 trillion shillings (19.9 billion U.S. dollars) for the financial year ending June 30, representing a 6.8 percent growth from the previous financial year, the revenue agency said Thursday. Humphrey Wattanga, commissioner general of the Kenya Revenue Authority (KRA), said …

Kampala, Uganda | THE INDEPENDENT | Inflows from Ugandans based outside the country increased to $1.4 billion, or about sh5 trillion, ahead of tourism or coffee earnings in the economy. However, this remains low according to the country’s estimated potential, and the banking industry says the value of diaspora remittances …

Kampala, Uganda | THE INDEPENDENT | The Kampala Capital City Authority (KCCA) has signed an agreement with British company COLAS to construct and upgrade 118 roads in Kampala. The agreement is for the implementation of the Kampala City Roads and Bridges Upgrading Project funded by the United Kingdom Export Finance. …

Kampala, Uganda | THE INDEPENDENT | One person has been shot dead and another arrested in a foiled robbery of mobile money agents in Kitintale. Kampala Metropolitan Police Spokesperson Patrick Onyango says that the armed thugs raided mobile money agents Ibrahim Ssebanenya and Rashid Kyeyune in Kitintale trading center, stealing …

dfcu FY2024 Highlights: 151% growth in profit after tax to UGX 72.1 billion 9% growth in Total Assets, reflecting strong performance and strategic growth initiatives Improved asset quality and capital adequacy, ensuring continued support for Uganda’s key economic sectors Kampala, Uganda | THE INDEPENDENT | In recognition of its strong financial …

Kampala, Uganda | THE INDEPENDENT | Boda boda riders – one of the most vulnerable groups on Uganda’s roads – were the focus of a road safety campaign supported by Coca-Cola Beverages Uganda (CCBU), which took place on July 5. CCBU, a company in the Coca-Cola Beverages Africa Group, served …