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Exchange Rate appreciation: Trends, drivers, and implications for businesses, banks and consumers.

Exchange Rate appreciation: Trends, drivers, and implications for businesses, banks and consumers.

By National Banking College Exchange rate movements are a critical pillar of macroeconomic stability in Ghana. Historically, the Ghana cedi has faced persistent depreciation due to factors such as chronic trade deficits, fiscal imbalances,...

Trouble Brewing for Coffee Trade as Proposed Tariffs Loom

Trouble Brewing for Coffee Trade as Proposed Tariffs Loom

Courtlyn Crosson, co-owner of Coffee Corral, a cafe on the corner of Shrewsbury Avenue and Drs. James Parker Boulevard, is bracing for heavy tariffs on coffee imports that may hit the coffee trade by Aug. 1. Sunayana Prabhu By Sunayana Prabhu A...

Kenyans get access to invest in world's top companies as South Africa's Satrix lists ETF in Nairobi

Kenyans get access to invest in world's top companies as South Africa's Satrix lists ETF in Nairobi

Satrix has successfully dual-listed its MSCI World Feeder ETF on the Nairobi Securities Exchange, expanding access to global equities for Kenyan investors The Satrix MSCI World Feeder ETF tracks the MSCI World Index, offering broad exposure to...

Turning Bars of Soap Into Economic Empowerment

Turning Bars of Soap Into Economic Empowerment

Worldwide access to safe water, sanitation, and hygiene progressed significantly over the past two decades. Still, 3.5 billion people weren’t able to use safe sanitation facilities as of 2022, according to the World Health Organization. Surge for...

Northern Corridor states pressure Kenya, Uganda to expedite railway

Northern Corridor states pressure Kenya, Uganda to expedite railway

The Northern Corridor states have endorsed the annual plan along with a $4.5 million budget aimed at accelerating railway-related projects across the region. The countries which mainly use the Port of Mombasa and the Northern Corridor to import or...

Uganda's reserves rise by a third due to central bank forex purchases

Uganda's reserves rise by a third due to central bank forex purchases

Uganda's foreign exchange reserves rose by about a third over the past year, after what a central bank official described as direct purchases by the bank following healthy forex inflows from commodity exports and offshore sales of government...

Africa’s Leading Music Festival A ‘Driver Of Economic Growth’ For Uganda, Government Report Finds

New Report issued by Uganda’s Ministry of Tourism hails the annual Nyege Nyege festival as “a significant driver of economic growth, community development, and cultural exchange”: Nyege Nyege generates $2 million dollars for Ugandan economy, with...

Housing Finance Bank Joins Mama Tendo Foundation to Launch National Parenting Symposium

Housing Finance Bank Joins Mama Tendo Foundation to Launch National Parenting Symposium

Across Uganda, families are the foundation of society; but parenting remains one of the most complex and least discussed responsibilities. That silence was challenged in a meaningful way as Mama Tendo Foundation, together with Housing Finance Bank...

Opay, Moniepoint, Piggyvest, others make CNBC’s global Top 250 fintech companies

Opay, Moniepoint, Piggyvest, others make CNBC’s global Top 250 fintech companies

Africa’s fintech sector is booming. In 2025, the continent’s startups are making waves globally, with several earning spots on CNBC and Statista’s World’s Top 250 Fintech Companies list. Nigerian powerhouses like Moniepoint, OPay, PalmPay, and...

Programme empowers young Ugandan women with tech and business skills

Programme empowers young Ugandan women with tech and business skills

Programme empowers young Ugandan women with tech and business skills As unemployment challenges Uganda’s youth, a bold initiative is transforming young women into tech-savvy entrepreneurs. According to Aminah Zawedde, the Permanent Secretary in...

M-KOPA Named to CNBC’s 2025 List of the World’s Top Fintech Companies

M-KOPA Named to CNBC’s 2025 List of the World’s Top Fintech Companies

Advertisements M-KOPA, a trailblazing fintech serving emerging markets, has been named one of the World’s Top Fintech Companies for 2025 by CNBC, marking another major milestone as it surpasses $2 billion in credit disbursed to more than 7 million...

Uganda to Mark World Tourism Day 2025 in Arua City

Uganda to Mark World Tourism Day 2025 in Arua City

Uganda, like the rest of the world, celebrates World Tourism Day annually on September 27th. This day is dedicated to recognizing the significance of tourism and its multifaceted impact on society, encompassing social, cultural, political, and...

Kampala Restaurant Week 2025 attracts over 10,000 diners

Kampala Restaurant Week 2025 attracts over 10,000 diners

Kampala, Uganda | THE INDEPENDENT | Closing on a high, the 2025 edition of Kampala Restaurant Week drew over 10,000 diners to more than 30 participating restaurants across the city in a 10-day celebration of flavor, creativity, and culture. The...

Uganda’s economy shows resilience amid global challenges

Uganda’s economy shows resilience amid global challenges

PSST Ramathan Ggoobi KAMPALA, UGANDA | Xinhua | Uganda’s economy remains robust, posting sustained growth despite global uncertainties such as trade tensions and international conflicts, the Ministry of Finance, Planning and Economic Development...

How an International NGO Plans to Fight the Digital Divide with a Satellite Company

How an International NGO Plans to Fight the Digital Divide with a Satellite Company

Image credit: Alena Lavrova on Unsplash The Whitaker Peace and Development Initiative (WPDI) partnered with Intelsat, a global satellite provider, to bring reliable internet access to South Sudan and Uganda, increasing young people’s access to...

Housing Finance, Mama Tendo Foundation launch national parenting symposium

Housing Finance, Mama Tendo Foundation launch national parenting symposium

Ms.Elon Kabakama Kabarungi(2nd right)Corporate Communications Manager from Housing Finance Bank pose for a group photo with Mama Tendo CEO Catherine and other partners at the launch of the Mama Tendo Parent. Kampala, Uganda | THE INDEPENDENT |...

Record-breaking attendance figures at WA25 Uganda

Record-breaking attendance figures at WA25 Uganda

The World Aquaculture Safari 2025 (WA25 Uganda) was held from 24–27 June in Munyonyo-Kampala, Uganda, under the theme Aquaculture on the Rise. The event marked a major return to in-person international aquaculture conferences in Africa, showcasing...

Uganda's economy shows resilience amid global challenges: report

KAMPALA, July 15 (Xinhua) -- Uganda's economy remains robust, posting sustained growth despite global uncertainties such as trade tensions and international conflicts, the Ministry of Finance, Planning and Economic Development said in a report...

Activist urges parliament to prioritize 2025/26 budget amid economic crisis

Activist urges parliament to prioritize 2025/26 budget amid economic crisis

Author: Obaj Okuj | Published: 3 hours ago Ter Manyang, the Executive Director of the Juba-based Center for Peace and Advocacy or CPA - COURTESY Ter Manyang, Executive Director of the Centre for Peace and Advocacy, told Eye Radio this morning that...

Equity bank commits to green revolution

Equity bank commits to green revolution

Equity bank recently joined the rest of the world to celebrate the Global Energy Independence day, reaffirming its commitment to advancing sustainable energy access through innovative financing solutions. Through the bank’s Equi-Green credit...

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