Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has signed a contract with Euro Gold Refinery to supply gold under its Domestic Gold Purchase Programme, marking a shift toward local value addition as the central bank moves to strengthen its reserve base. The agreement follows the central bank’s decision to directly purchase gold …
Read More »Exim Bank Uganda rolls out new financing option for SMEs
Kampala, Uganda | THE INDEPENDENT | Exim Bank Uganda has launched “Deals Move with Exim Trade Finance Solutions,” a new trade finance campaign aimed at enabling businesses to operate without interruption and seize opportunities in an increasingly competitive market, it said in a media release dated Apr.9. Trade finance is critical …
Read More »Minister Musasizi pushes for innovation in insurance sector
Kampala, Uganda | THE INDEPENDENT | Minister of State for General Duties at the Ministry of Finance, Planning and Economic Development, Henry Musasizi, called on industry stakeholders to embrace innovative solutions to grow Uganda’s insurance market during the 2025 Annual Insurance Innovation Awards held recently in Kampala. Musasizi noted that …
Read More »VAAL Real Estate Uganda enters into a strategic partnership with Rotary
Kampala, Uganda | THE INDEPENDENT | VAAL Real Estate Uganda has entered into a strategic partnership with Rotary, committing USD 15,000 in sponsorship to support the Rotary District 9213 and District 9214 Conferences (DISCON 101) as well as the 7th All Africa Zone Institute 2026, it said today (April 8). The …
Read More »Jubilee Insurance unveils unified brand after merger of life and health businesses
Kampala, Uganda | THE INDEPENDENT | Today in Kampala, Jubilee Insurance Uganda unveiled its new unified brand during a news conference held at the company’s head offices along Parliament Avenue, following the merger of Jubilee Health Insurance Company of Uganda Limited and Jubilee Life Insurance Company of Uganda Limited. The …
Read More »Coca-Cola Beverages Uganda rewards 54 top-performing distributors with Tuk Tuk delivery vehicles
Kampala, Uganda | THE INDEPENDENT | Coca-Cola Beverages Uganda (CCBU) has rewarded 54 top-performing distributors with fully equipped Tuk Tuk delivery vehicles in recognition of their performance under the Tuk-Tuk Peak Challenge. The awards were presented recently in Kampala, with the initiative celebrating distributors who met and exceeded peak sales targets. …
Read More »Equity Bank rolls out new digital platform to transform business banking
Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has unveiled Equity Online for Business, a new digital platform aimed at simplifying financial management and improving efficiency for enterprises of all sizes. Launched at the Protea Hotel Kampala today, the platform marks a significant upgrade from the bank’s previous system, …
Read More »Predator Energy offers Ugandans a chance to win a Chelsea FC experience in London
Kampala, Uganda | THE INDEPENDENT | Coca-Cola Beverages Uganda (CCBU), part of the Coca-Cola Beverages Africa (CCBA) group has launched a nationwide consumer promotion giving Predator energy drink fans the chance to win daily airtime worth Shs 405 million, 15 motorbikes, and a grand prize—an all-expenses-paid trip to London for …
Read More »Bank of Baroda Uganda grows profit 17% as industry tailwinds lift lenders
Stronger deposits and lending mirror wider gains across banking sector Kampala, Uganda | THE INDEPENDENT | Bank of Baroda Uganda reported a 17% increase in annual profit, as steady loan growth and rising customer deposits underscored momentum across Uganda’s banking industry. Profit after tax rose to Shs 156.8 …
Read More »UBL, Uganda Red Cross Society sign 5-year road safety partnership
Kampala, Uganda | THE INDEPENDENT | Uganda Breweries Limited (UBL) and the Uganda Red Cross Society (URCS) have launched a five-year partnership expected to benefit thousands of Ugandans by tackling alcohol-related harm, improving road safety, and strengthening community preparedness across the country. The agreement was signed recently at UBL’s head …
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