Business

Kampala, Uganda | THE INDEPENDENT | Centenary Bank is commemorating 40 years of transformative banking services. As part of the celebrations, the bank embarked on a series of training sessions aimed at empowering educators in financial literacy across various regions. The bank’s initiative to empower educators in financial literacy has been …

Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda has unveiled the 2023 Accountancy Service Awards (ASA) Awards to recognise outstanding individuals and institutions that have made an impact in the accountancy profession and in their communities. Introduced in 2015, the Accountancy Service Awards are premium …

Kampala, Uganda | THE INDEPENDENT | Turaco, an insurtech company has acquired an underwriting license in Uganda and aims to provide affordable and simple microinsurance products, reaching unserved and underserved individuals, executives said on Aug.22 in Kampala. According to the Turaco officials, the firm will design and distribute simple products …

COMMENT | DANNY BRADLOW  | Many people may be tempted to view the World Bank’s recent announcement that it will freeze new loans to Uganda because of the country’s vicious anti-LGBTIQ+ law as a harbinger of the Bank taking a more progressive approach to human rights issues. While the announcement is …

This comes as the economy continues to recover from the consequences of the Covid 19 pandemic, the Russia-Ukraine war, and the tightening of global financing conditions Kampala, Uganda |  THE INDEPENDENT | Uganda’s biggest bank, Stanbic Bank, has reported a 23.5% rise in the first-half profit after tax to Shs 200bn …

Annual Bankers’ Conference 2023 unveils strategies for digital resilience Kampala, Uganda | PATRICIA AKANKWATSA | Cybersecurity has become a critical concern as digital transformation sweeps across Uganda’s banking landscape. The recently concluded Annual Bankers’ Conference 2023 provided a platform for industry leaders, experts, and stakeholders to deliberate on the escalating cybersecurity …

  The 17 cottage facility is situated between Queen Elizabeth and Bwindi Impenetrable National Parks Kihihi, Uganda | IAN KATUSIIME | Goro Cottages, located in Kihihi town, Kanungu district in western Uganda, offers a comfortable and relaxing atmosphere as one ventures into the wild. Situated between Queen Elizabeth and Bwindi …

Kampala, Uganda | THE INDEPENDENT | With barely 18 months to run out its 25-year concession, power distributor, Umeme Ltd has made a 49 percent growth in operating profit for the first half ended June 2023. The company attributed the profit before amortisation and impairment, tax, and interest of 243,530 billion …

Kampala, Uganda | THE INDEPENDENT | Top government officials and executives at Uganda Telecommunications Corporation Limited have promised their clients a reliable voice, data, and related services following a rebranding exercise. According to the company’s Chief Operating Officer, Maggie Lutwama, the rebranding exercise involved having a new logo and tagline …

London, UK | THE INDEPENDENT | Brainchild BCW, one of Uganda’s top public relations, digital, and events agency has been named Best PR and Digital Agency at African Excellence Awards that seek to recognize outstanding African companies and individuals who have contributed to Africa’s growth, it said on Aug.21 in …