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Tag Archives: Business

Coronavirus bailout

COVER STORY | THE INDEPENDENT TEAM |  As the coronavirus pandemic ravages the globe, countries are scrambling to protect citizens financially, cushion businesses and companies, and ensure their economies do not fail from the fallout. This is because the coronavirus pandemic is not only straining the world’s health sector, businesses …

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KYAMBADDE: Police and LDUs should stop beating people

  Kampala, Uganda | THE INDEPENDENT | The Minister of Trade, Industry and Cooperatives Amelia Kyambadde has said that shops that are not within markets should not be closed. She also warned Police and Local Defence Units (LDU) teams to stop beating people, and urged traffic officers to refer those …

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The SDG imperative for business

The financing gap to achieve the SDGs; between $500bn and $1.2tn, is beyond what many states can deliver COMMENT | KARNIKA YADAV | There is only one road left to achieving the Sustainable Development Goals (SDGs) set for Africa for 2030 and that’s through sustainable businesses. The sluggish progress to …

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Centenary Bank gets US$10 million for SME lending

Kampala, Uganda | THE INDEPENDENT | Centenary Bank has signed a Loan Portfolio Guarantee agreement with the African Guarantee Fund worth US$10million to fund SMEs in Uganda. The 5-year partnership aims to unlock financing intended to facilitate the promotion and growth and development of Small and Medium sized Enterprises. Fabian …

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South Korea agency boosts entrepreneurship in Uganda

Kampala, Uganda | Julius Businge | Data from the Global Entrepreneurship Monitor (GEM) indicates that 28% of Ugandan adults own or co-own a new business. It adds that 10% start new business and 60% of those that are started do not live to celebrate their first birthday. Experts in this field say …

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KCB sends customers to Japan-Tokyo for a business trip

Kampala, Uganda | Julius Businge | In a bid to support growth of business for its customers, KCB Bank Uganda has organised a business trip for its business club customers who will travel to Tokyo, Japan from the March 2-12, 2019. The 10 day tour of the city of Tokyo will expose …

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