Business

Kampala, Uganda | THE INDEPENDENT | Wednesday, 28 January 2026. Vivo Energy Uganda, the company that distributes and markets Shell-branded fuels and lubricants in Uganda, has launched a nationwide back-to-school promotion dubbed “Fuel Their Future”, aimed at supporting parents and guardians during the school season while rewarding customers for choosing …

Kampala, Uganda | THE INDEPENDENT | Mobile Money platform operators are demanding for government intervention in the industry’s challenges to ensure that the services are affordable, both to the customers and the companies. Mobile money services are considered more expensive than in other markets in the regions particularly Kenya and …

Africa’s mobile phone market is experiencing a surge as consumers in the continent’s biggest cities increasingly opting for higher-spec devices previously considered out of reach. SPECIAL REPORT | BIRD AGENCY | Africa is witnessing a mobile phone upgrade cycle moment. The obvious trend has been that of feature phones losing …

Absa Bank Uganda Launches Financial Literacy-Led Campaign to drive Smarter Borrowing and Sustainable Growth Kampala, Uganda | THE INDEPENDENT |  Absa Bank Uganda has today launched a new Retail and Business Banking campaign anchored on financial literacy, aimed at helping individuals and small businesses make smarter borrowing decisions and use credit …

Kampala, Uganda | THE INDEPENDENT | Finance Trust Bank will transition from a Tier I commercial bank to a Tier II credit institution effective April 1, following approval by the Bank of Uganda (BoU). The downgrade from a Tier I commercial bank to a Tier II credit institution followed a strategic …

 Mbale, Uganda | THE INDEPENDENT | Vivo Energy Uganda has commissioned a Liquefied Petroleum Gas (LPG) filling and storage plant in Mbale City as part of its strategy to expand access to clean, safe and reliable cooking energy in Eastern Uganda. The facility was commissioned by Mbale City Deputy Mayor …

Kampala, Uganda | THE INDEPENDENT | Uganda has jumped into the 3rd position in the Absa Africa Financial Markets Index (AFMI), a leap from the 4th position in 2024. The index evaluates 28 countries, looking at factors such as market depth, access to foreign exchange, and macroeconomic stability. According to …

Kampala, Uganda | THE INDEPENDENT | Mobile money companies have announced the full restoration of services following nearly a week of restricted access to cash. However, the disruption has raised several questions, including the reasons for the service interruptions during the election period and the regulatory framework governing mobile money. …

1xBet announces the official launch of 1xBalance.com, a global educational initiative designed to promote responsible betting and support healthier engagement with sports and digital entertainment across multiple markets. As interest in online sports entertainment continues to grow worldwide, 1xBalance provides players with clear guidance, practical tools, and educational content that …

Great news for the weekend: you’ve got “Four of a kind”, which, in our case, means four exciting matches involving the strongest clubs of the English Premier League, La Liga and Serie A. The best sports betting site 1xBet has analyzed the key matches of the week in European football. …