Kampala, Uganda | THE INDEPENDENT | When 23-year-old Kenneth Galiwango put together Shs13 million to invest in agriculture and a fledgling online media outlet, he was not just starting two small businesses. He was quietly making a statement about youth ambition, self-belief and what is possible beyond government- supported programmes …
Read More »Ugandan business leaders rally for stronger family enterprise succession
Kampala, Uganda | Julius Businge | Ugandan business leaders and researchers have raised alarm over the country’s low family business survival rate, revealing that fewer than 10 percent of family-owned enterprises make it beyond the founding generation. The concerns were shared during a high-level stakeholders’ meeting hosted by the Economic …
Read More »When procurement gets sick: the hidden disease draining organisations
COMMENT | DR JEANPO OLOWO | In every organisation, procurement is the lifeblood that keeps operations flowing. It’s normally 80 per cent of the total financial budget. It determines whether projects succeed, supplies arrive on time, and resources are used efficiently. Yet beneath the surface of many institutions—public and private alike—lurks …
Read More »Moses led the exodus, but Joshua delivered the promise; understanding the Founder’s Syndrome
COMMENT | Charles Owori | I recently visited a friend’s father in the hospital. Though visibly frail and fighting for his life, what struck me wasn’t just his condition; it was what happened next. A knock on the door. Two women entered, armed with pens, stacks of documents, and several cheques. Bedridden …
Read More »Kenyan craft brewer African Originals targets East Africa expansion
Last year, African Originals secured $2m in funding to support its ambitions to expand the business in Kenya and beyond Nairobi, Kenya | AGENCIES | When Alexandra Chappate, CEO and founder of Kenya-based craft beverage producer African Originals, started working in Africa’s drinks industry in 2015, she was struck by the …
Read More »EPRC: Business confidence increases, traders anticipate more due to election spending
Kampala, Uganda | THE INDEPENDENT | Business owners have expressed optimism that business will grow in the next quarter due to election-related spending. This is contained in latest findings released by the Economic Policy Research Centre in their Uganda Business Climate Index UBCI) for the April to June quarter. Released …
Read More »Businesses Warned: Exposing job applicant’s papers punishable
Kampala, Uganda | THE INDEPENDENT | If you find copies of your academic papers or resume where you didn’t expect them to be, and you suspect them to have come from where, say, you applied for a job or study vacancy, you have the right to legal action. It is …
Read More »Ecobank Uganda starts “Ellevate” to help women in business
Kampala, Uganda | THE INDEPENDENT | Ecobank Uganda, has launched a new program called Ellevate by Ecobank. This program is specially made to help women who own or run businesses grow and succeed. The main idea behind “Ellevate” is “More than Money.” This means Ecobank wants to help women in …
Read More »Housing Finance earns national recognition for advancing agriculture, small business recovery
Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank received two prestigious national awards in recognition of its critical role in strengthening Uganda’s economic resilience. The Bank was honored by the Bank of Uganda with the Agricultural Credit Facility (ACF) Award and the Small Business Recovery Fund (SBRF) Award. These …
Read More »Equity Group posts Shs 433.2bn profit
The lender’s digital channels processed 87% of all transactions, with the Equity Mobile App and USSD platform recording Shs 26.5 trillion in transaction value Nairobi, Kenya | THE INDEPENDENT | Equity Group has reported solid financial results for the first quarter of 2025, underpinned by its regional expansion, diversified business model, …
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