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 …
Read More »New online tool to combat money laundering in Uganda
Kampala, Uganda | JULIUS BUSINGE | Africa Risk Management and Compliance Partners (ARMC) has unveiled the E-Learning Hub Tool, an innovative platform designed to enhance training on combating money laundering, terrorism financing, and proliferation financing. The tool, launched during a workshop in Kampala on November 15, allows organizations to deliver flexible, …
Read More »MTN Uganda records 29.6% surge in profits to Shs 460bn in 9 months
This strong performance allowed MTN Uganda to declare a second interim dividend of Shs 7.5 per share Kampala, Uganda | THE INDEPENDENT | MTN Uganda has recorded a significant 29.6% increase in profit after tax, reaching Shs 459.4 billion for the nine months ending September 30, 2024. The robust growth is …
Read More »Stanbic PMI shows good business in October
Kampala, Uganda | THE INDEPENDENT | The latest Stanbic Purchasing Managers’ Index (PMI) data reveals a sustained expansion in Uganda’s private sector for the seventh consecutive month, as business activity and new orders continue to rise. The headline PMI for October recorded a value of 52.9, slightly down from September’s, yet …
Read More »Uganda as a Business: Are we unintentionally shaped by colonial legacy?
COMMENTS | Gertrude Kamya Othieno | On Uganda’s recent Independence Day, I had a thought-provoking conversation with a young Uber driver. When I asked him how he felt about celebrating Independence Day, he replied, “Uganda feels more like a business than a home.” His sentiment was not one of detachment from his …
Read More »Brand Africa survey: We trust our local brands but prefer foreign ones
African brands must focus on visibility, accessibility, and quality improvement Kampala, Uganda | PATICIA AKANKWATSA | Sixty-five percent of Ugandans have confidence in their local brands, but only 35% consume them, according to the latest Brand Africa survey, highlighting a significant gap between trust and purchase behavior. This pattern mirrors broader …
Read More »Embrace digitalization for enhanced efficiency, SACCOs told
Kampala, Uganda | THE INDEPENDENT | Savings and Credit Cooperatives (SACCOs) have been urged to adopt digitalization to improve operational efficiency and attract financial support. This call was made during the launch of a training program for SACCO leaders from the Kampala Metropolitan districts at the Stanbic Incubator offices in Kololo. …
Read More »OPINION: Building a successful side business without sacrificing your career
OPINION | Emelyne Bitanga | Juggling a side business and a full-time career can seem like an impossible task. However, many professionals are proving that this ambitious endeavor is not only achievable but also incredibly rewarding. While a career often involves working for an organization to build skills, climb the corporate ladder, …
Read More »MTN Uganda Strengthens Leadership Team with Key Appointments
Kampala, Uganda | THE INDEPENDENT | In a strategic move aimed at enhancing operational capabilities and driving growth, MTN Uganda has announced the appointment of three distinguished leaders to its executive team: Thomas Motlepa as Chief Technology & Information Officer (CTIO), Franklin Ocharo as General Manager of Growth & New Business, …
Read More »dfcu new era for women in business
Kampala, Uganda | THE INDEPENDENT | On Sept.23, dfcu Bank rolled out its GROW initiative to traders in Owino, downtown Kampala, marking a significant step forward in empowering Uganda’s women entrepreneurs. Owino, a bustling hub for commerce in Kampala, is home to thousands of traders, many of whom are women striving …
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