King Charles might appear to be the vestige of an archaic system but that might be good for his subjects COMMENT | TOM GINSBURG | As Britain’s King Charles III is officially enthroned, the “empire on which the sun never set” is looking a little shabby. In addition to the United …
Read More »East African firms on the list of the continent’s most valuable brands
MTN Uganda and Stanbic Bank are the only Ugandan-listed companies on the list in the region Kampala, Uganda | THE INDEPENDENT | Seventeen East African firms are among the list of the continent’s most valuable brands, with the Safaricom retaining the top spot amidst a decline in its overall ranking. The …
Read More »Ecobank group unveils App to drive financial inclusion
Kampala, Uganda | THE INDEPENDENT | Ecobank Kenya, part of Ecobank Group, the leading pan-African banking Group, has announced the launch of the Fingo Africa app, which is set to revolutionize financial inclusion for young people in Kenya and across Africa. The app was developed in close collaboration between Fingo Africa, …
Read More »BOOK: Muhairwe’s Remedies for Public Corporations
Armed with an MBA and a PhD in Business Management from Germany, he was chosen by the Government of Uganda to prepare a loss-making public corporation for sale to a foreign private investor. Kampala, Uganda | THE INDEPENDENT | Dr. William Muhairwe was indeed given a short contract after which the …
Read More »Private sector output in continued expansion as PMI crosses 55.0 reading
Kampala, Uganda | THE INDEPENDENT | The start of the second quarter of 2023 saw a rise in employment as Uganda’s private sector recorded increased output and new orders with the headline Stanbic Purchasing Managers Index (PMI) rising to 55.4 in April, up from 53.2 in March. For the sixth successive …
Read More »COMESA Competition Commission’s 10-year scorecard
The body has increased its efforts in regulating competition and consumer protection within the common market Kampala, Uganda | JULIUS BUSINGE | The Common Market for Eastern and Southern Africa (COMESA) Competition Commission on May 4 turned 10 years of operation with various activities held in Lilongwe, Malawi. CCC was established …
Read More »Afreximbank extends US$3billion to Kenya
Kampala, Uganda | THE INDEPENDENT | African Export-Import Bank has signed a US$3 Billion Country Programme with the Kenyan government. The memorandum was signed by Kenya’s Cabinet Secretary of the Ministry of National Treasury and Economic Planning, Professor Njuguna Ndungu, and the President and Chairman of the Board of Directors of …
Read More »MTN Uganda Q1 profit after tax increases 20% to Shs 120.6bn
The company expects to experience an increase in capital expenditure owed to sustained investment to boost growth Kampala, Uganda | THE INDEPENDENT | MTN Uganda has announced a 20% growth in profit after tax for the first quarter of this financial year to Shs 120.6bn and said it maintains a full-year …
Read More »African alternative to Chat GPT
Kainene vos Savant was Justin Irabor’s personal study partner. Named after one of America’s cleverest people, Kainene is off-the-charts clever. But she is no regular study partner. She’s a super-intelligent chatbot. And she’s taking the Nigerian internet by storm. Kampala, Uganda | THE INDEPENDENT | After enrolling as a distance learning …
Read More »One year of Parish Development Model
Could the latest government poverty eradication programme have done better? COMMENT | WALTER AKENA | In February 2022, the President launched the Parish Development Model (PDM), the latest of a series of poverty eradication programs that the Government of Uganda has implemented. The model seeks to propel the 39% of …
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