Kampala, Uganda | THE INDEPENDENT | MTN Uganda has launched a mobile-based supply chain platform that allows businesses in the Fast-Moving Consumer Goods (FMCG) to place orders, generate invoices for deliveries, pay and collect returns in real-time. The new platform dubbed FMCG Digital Suite automates the distribution of products and services …
Read More »New law gives BOU power to punish mobile money companies
Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has warned of strong penalties in new regulatory measures, against telecommunications and financial service companies that violate competition and pricing rules. In the draft Fair Competition law, the industry regulator says unfair competition practices are stifling the growth of the digital …
Read More »300 SMEs receive upskilling from Absa and Enterprise Uganda
Fort Portal, Uganda | THE INDEPENDENT | A total of 300 SMEs in Masaka, Mbarara, and Fort Portal have received training in entrepreneurship and financial literacy from Absa Bank Uganda, in partnership with Enterprise Uganda. The training programme for western Uganda saw the SMEs get taken through modules such as …
Read More »Angola, Congo and Zambia bet on iconic railway to tap critical minerals
Angola and the Democratic Republic of Congo have handed the Lobito rail corridor rehabilitation to foreign private investors to spur exports of critical minerals required for clean energy and to boost intra-Africa trade. SPECIAL REPORT | BIRD AGENCY | Until the 1970s, the Lobito rail corridor was one of the …
Read More »Bwaise transit terminal developers seek Govt funding
Kampala, Uganda | THE INDEPENDENT | The developers of the Bwaise transit terminal in Kawempe division in Kampala are seeking government funding to complete the project. The terminal is intended to accommodate taxis and buses from various regions, including northern Uganda, Kayunga-Bugerere, and Kiboga on Hoima Road. The Bwaise terminal …
Read More »Why businesses that address social or environmental problems often struggle to survive
Research shows that for social enterprises to enhance their performance, network capability and strategic planning are key Kampala, Uganda | AGENCIES | Social enterprises are organisations that promote social or environmental issues as their core business. They are useful to societies in lots of ways. They can help solve social and …
Read More »Absa announces Shs200million KH3 7 Hills Run proceeds
Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has declared a total of Shs200 million as proceeds from the inaugural Absa KH3 7 Hills Run held on May 28, 2023. The 21km run spanning the seven iconic hills in Kampala organized in partnership with the Kampala Hash House Harriers, was …
Read More »UDB’s Patricia Ojangole wins prestigious Global Leadership Award
Ojangole receives the Award for the third time in a row. Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank’s Managing Director, Patricia Ojangole has for the third year running won the Sustainability Leader of the Year Award at the prestigious Annual Karlsruhe Sustainable Finance Awards. The recognition is given …
Read More »New study: only 1% of women-led business firms in Uganda participate in public procurement
There are no specific regulations for women in procurement despite the provision in the PPDA Act that women be included as a special interest group Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s public procurement sector offers immense economic opportunities to the citizens but there remains a stark gender disparity as only …
Read More »Steering oil and minerals sector opportunities
Kampala, Uganda | THE INDEPENDENT | Uganda Chamber of Mines and Petroleum (UCMP) Board appointed Mr. Humphrey Asiimwe as the new Chief Executive Officer effective March 1, 2023. He spoke to JULIUS BUSINGE about his management philosophy, plans for the organization, and the two sectors; excerpts: It is slightly over four …
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