Business

Local and international manufacturers and traders from different sectors have flooded UMA Lugogo. They are here for the annual Uganda Manufacturers Association Trade Expo which started yesterday. The expo will be the 28th Uganda International Trade Fair that is resuming after two years of not happening due to the Covid-19 pandemic. The theme Of the trade fair according to organizers ...

Diamond Trust Bank customers are set to receive up to 25% discount on any payments using the new DTB platinum debit Mastercard. Kariuki Jemima, the Director in Kenya in charge of products and solutions at Mastercard spoke during an NBS Business Twitter space. She said the benefits of the new cards circle around three main pillars including travel, peace of ...

I have noticed that most people who call themselves business people in Africa are not actually entrepreneurs but opportunists who are just scouting for opportunities. This is the reason why most so-called businesses never last for more than 5 years. It’s either the person is depending on political power connections or depending on a relative who has power and authority ...

One of Uganda’s biggest telecommunications company, Airtel Uganda, has entered a partnership with Microsoft’s official cloud partner MC3. The partnership intends to provide Microsoft Office 365 services to businesses in Uganda. Customers will be enabled access to Microsoft Cloud services in a bid to help them improve business operations. It will also be a way of improving the security of ...

Commercial banks have revealed that they will also hike interest rates after the Central Bank hiked the lending rate. Over the past couple of months, Bank of Uganda has increased the CBR to 8.5%. Anne Juuko, the chief executive officer of Stanbic Uganda said this move by Bank of Uganda is apparently the only solution to inflation. However, it also ...