In The Magazine

Kampala, Uganda | AGENCIES | Telecom firm, Airtel Africa is in talks for a $200 million loan from the International Finance Corporation (IFC), the World Bank’s arm focused on financing private sector ventures in emerging markets. The African subsidiary of Bharti Airtel plans to utilize the funds to cover its capital …

Avocados are rich in fiber, antioxidants, and healthy fats that can support metabolic health and insulin sensitivity ANALYSIS | AGENCIES | A new study suggests avocado consumption may significantly reduce diabetes risk, particularly among women. Experts recommend a balanced and diverse diet rather than overemphasising specific foods for diabetes prevention. However, …

The “Beera Steady, Be Better” campaign has led to an 86% reduction in fraud incidences Kampala, Uganda | JULIUS BUSINGE | Fintech firms, MTN Mobile Money Uganda Ltd and Airtel Money Commerce Uganda Ltd, have collectively reported a remarkable Shs 452.7 billion in profit after tax for the year ended December …

Six banks adjust growth strategies, as Equity Bank dips into a loss territory Kampala, Uganda | JULIUS BUSINGE | Uganda’s biggest banks recorded bumper profits in 2023 amidst industry turmoil that forced smaller banks to either divest their shares or voluntarily downgrade to credit institutions in response to the regulator’s revised …

Kampala, Uganda | THE INDEPENDENT | The Uganda Insurers Association (UIA) has expressed optimism that recognizing top-performing industry agents will significantly boost insurance penetration and contribute to the sector’s overall growth. During the 13th Annual UIA Insurance Agents Awards held on April 26 at Speke Resort Munyonyo, UIA’s Chairman of the …

Kampala, Uganda | THE INDEPENDENT | On May 2, tech giant, Huawei Technologies held a Cloud Enterprise Innovation and SME Summit 2024 in Kampala where over 100 industry startups, fintechs, venture capitals, government organizations, and key strategic partners unanimously agreed that SME development is only possible when technology is embraced. Charles …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda has strengthened its grip on the mobile networks market, growing its new customer base by more than 500,000 in the past four months to hit 20 million. The telecom company’s subscribers stood at 19.5million as at the end of December 31, 2023, according …

There was no cross-associations between well-being and their social media usage among boys Kampala, Uganda | RONALD MUSOKE | Girls who use social media for an hour or more on a school day have been found to have lower levels of well-being than those who use less, according to the latest …

What it means for her second term prospects COVER STORY | IAN KATUSIIME | Since the UK announced a barrage of sanctions against the Speaker of Parliament Anita Annet Among, there has been an attempt by her supporters and some government of Uganda officials to put a brave face to her …

How reliance on misguided cultural and nationalistic sentiments are driving Uganda into a bad debt situation THE LAST WORD | Andrew M. Mwenda | Our country is headed directly into the storms of economic crisis. And it is unlikely it can pull itself back from the brink. This is because too much sentiment …