In The Magazine

Kampala, Uganda | JULIUS BUSINGE | Nile Breweries Limited has launched a social entrepreneurship program dubbed “100+ Accelerator,” Cohort 2023 aligned towards the promotion of business start-ups committed to sustainability. The program, an initiative of the parent company of NBL, AB InBev will offer a funding opportunity of up to …

But directors have recommended a dividend of Shs2.5 per share payable in September this year which is higher than Shs2 per share paid last year. Kampala, Uganda | JULIUS BUSINGE | Pharmaceutical manufacturing company Cipla Quality Chemical Industries Limited has reported a 21% decline in profit after tax from Shs24bn in …

Kampala, Uganda | THE INDEPENDENT | Roofings, the leading manufacturer of steel and plastic construction materials in East and Central Africa, was honoured with an esteemed award for its outstanding performance in occupational safety and health management. The Ministry of Gender, Labour, and Social Development bestowed this accolade upon the company …

Kampala, Uganda | THE INDEPENDENT | The Uganda Civil Aviation Authority (UCAA) is planning to use the much-anticipated aviation expo to promote air transport among members of the public. UCAA Director General, Fred Bamwesigye told reporters that the authority said the expo will be a good platform to demystify the many …

NEWS ANALYSIS  | THE INDEPENDENT | The Biden administration has ratcheted up protectionism and industrial policy amid surging economic tensions with China. Legislation passed in 2022 unlocked hundreds of billions of dollars in subsidies to spur domestic production of renewable energy and electric vehicles, and to support other decarbonisation goals. The …

Kampala, Uganda | THE INDEPENDENT | Sugarcane farmers in Busoga can now access up to Shs100 million in unsecured farmer loans repayable within two years at an interest rate of 2% per month courtesy of a new partnership between Stanbic Bank, Kakira sugar works, and Busoga Sugarcane Growers Association. Dubbed the …

Kampala meeting of 19 river basin organisations tells governments to ‘share and not be greedy’ Kampala, Uganda | RONALD MUSOKE | The popular narrative around the African continent is that fresh water resources such as those of the Nile, Congo in central Africa, or Zambezi in southern Africa are fast declining …

How Museveni family politics plays out Kampala, Uganda | IAN KATUSIIME | In December 2022, President Yoweri Museveni flew to London with a business delegation en route to the U.S. Africa summit in Washington D.C. In his delegation was one individual who loomed large: his son-in-law Odrek Rwabwogo. Rwabwogo’s presence on …

Kampala, Uganda | THE INDEPENDENT | United Bank for Africa (UBA) Group plans to invest in women and youth initiatives across Africa to aid their growth. During the virtual celebration of Africa Day under the theme “Innovating the Continent for growth”, UBA Group Managing Director, Oliver Alawuba said the bank is …

Kampala, Uganda | THE INDEPENDENT | Members of the NRM Parliamentary Caucus were summoned for a 10-day retreat at the National Leadership Institute Kyankwanzi (NALI). In the retreat which starts this Saturday and ends on June 5, 2023, the MPs are expected to renew their political faith in the Party. This …