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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My perspective shifted, much like the blind man in the biblical story who shouted, “I can see!” COMMENT | IAN RUMANYIKA | For 12 years, I worked within the walls of the Uganda Revenue Authority, with a slogan before me, “Developing Uganda Together and the weight of responsibility”. My role …
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KAMPALA, UGANDA | THE INDEPENDENT | Business activity in downtown Kampala briefly came to a standstill as members of the business community stepped out of arcades to observe the 2025 Good Friday procession, led by religious leaders from All Saints’ Cathedral, Nakasero. The annual event reenacts the Way of the …
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Cloud computing infrastructure, analytics hailed for transforming business processes Kampala, Uganda | IAN KATUSIIME | US-based tech powerhouse Oracle has teamed up with Eclectics International, a leading Kenyan IT firm, to provide innovative technological solutions aimed at driving business efficiency and digital transformation across East Africa and beyond. The partnership was …
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It seems that the economic system we operate in was never designed to grow indigenous wealth. It appears to have been designed only to keep the economy alive while keeping real power insulated. COMMENT | APOLLO BUREGYEYA | Some of our Indian colleagues in Uganda are misreading the room. They mistake …
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The country is no longer the most populous without a bourse Ethiopia | AGENCIES | It was a momentous occasion. But the peal of the bell did not initiate a flurry of trading at the Ethiopian Securities Exchange, which opened on January 10th. With no brokers and only one listed stock, …
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Uganda’s rising loss ratio signals urgent need for a shift to preventive care to strengthen medical insurance business Kampala, Uganda | ISAAC KHISA | Uganda’s medical insurance sector has experienced significant growth over the past decade, with gross written premiums increasing from Shs 33.6 billion in 2013 to Shs 196.1 billion …
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OPINION | George Arodi | On a warm May afternoon in 2007, during a critical dialogue between the Kenya Association of Manufacturers (KAM) and the Ministry of Trade and Industry, the late Hon. David Nalo, then Permanent Secretary for Trade, made a thought-provoking remark: “Our embassies should be more than ceremonial. …
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Potential global inflationary pressures, geopolitical tensions, and tightening global financial conditions could pose upside risks to inflation Kampala, Uganda | THE INDEPENDENT | Uganda’s central bank has opted to maintain the Central Bank Rate (CBR) at 9.75%, signaling confidence in the stability of domestic inflation and economic activity despite global …
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Despite being expelled by Idi Amin in the 1970s, Ugandans of Indian descent today make an outsize contribution to the country’s economy. All you need to know about the families that matter. Kampala, Uganda | AGENCIES | At the India-Uganda Trade Mission organised in October by Equity Bank, Minister for Trade …
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The Independent Uganda: You get the Truth we Pay the Price
