CAPE TOWN | Xinhua | The South African government has confirmed that the country has taken up interim leadership of the Southern African Development Community (SADC) following political unrest in Madagascar. In a statement issued on Thursday, the government announced that, at a meeting held in Cape Town this week, …
Read More »EQUITY GROUP: 32% growth in Profit After Tax for Q3 2025
Equity Bank Uganda also registered NPL ratio of 8.8%, down from 20.9%.; Uganda has been recognised globally as having momentous growth in the East African region coupled by low inflation Nairobi, Kenya | THE INDEPENDENT | Equity Bank Uganda, has bounced back by recording a significant 61% Profit After Tax (PAT) in …
Read More »Paris peace conference faces harsh realities in eastern DR Congo
KINSHASA | Xinhua | In the lead-up to a high-level peace conference on Africa’s Great Lakes region held on Thursday in Paris, firearms were still roaring in eastern Democratic Republic of the Congo (DRC), as diplomacy struggled to keep pace with a war it seeks to end. Despite the recent …
Read More »Thousands trapped in Sudan’s El Fasher amid mounting atrocity reports
UNITED NATIONS | Xinhua | Thousands of people remain trapped in Sudan’s western city of El Fasher as reports of atrocities against civilians mount and the humanitarian crisis deepens, UN humanitarians said Thursday. The UN Office for the Coordination of Humanitarian Affairs (OCHA) said it was alarmed by the atrocity …
Read More »Malawi administers contraceptives to lions to curb growing population
LILONGWE | Xinhua | Malawi’s Department of National Parks and Wildlife (DNPW), in partnership with African Parks, a non-profit conservation organization, has taken steps to control the booming lion population in two of the country’s wildlife reserves by administering contraceptives to lions of reproductive age. The initiative was first introduced …
Read More »Anne Aliker to head Standard Bank Group’s Africa Regions Investment Banking
Kampala, Uganda | THE INDEPENDENT | Ugandan investment banker Anne Aliker has been appointed Head, Africa Regions – Corporate and Investment Banking (CIB) at Standard Bank Group, Africa’s largest bank by assets. Her appointment, officials said, underscores the Group’s long-standing commitment to developing African leaders to drive Africa’s growth and …
Read More »Curfew, internet blackout as Tanzania election day descends into chaos
Dar es Salaam, Tanzania | ALL AFRICA.COM | Tanzania’s general elections triggered widespread protests in key cities including Dar es Salaam and Arusha as citizens demonstrated for the first time in 65 years. The absence of credible opposition candidates and the arrest of prominent opposition leader Tundu Lissu sparked the …
Read More »Dr. George Elombi takes over as Afreximbank’s fourth President
He pledges to deepen Africa’s trade transformation Kampala, Uganda | THE INDEPENDENT | Dr. George Elombi has officially taken over as president and chairman of the African Export–Import Bank (Afreximbank), vowing to expand the lender’s role in financing Africa’s industrialisation, trade integration, and value addition to natural resources. Elombi succeeds …
Read More »Tanzania imposes curfew following violent protests on general election day
DAR ES SALAAM, TANZANIA | Xinhua | Tanzanian police on Wednesday announced the imposition of a curfew in the port city of Dar es Salaam following protests that resulted in the destruction of property on the general election day. “After 6 p.m., nobody will be allowed to be seen on …
Read More »Oramah bows out of Afreximbank as assets hit $44 bn
He championed the strengthening of socio-economic ties between Africa and the Caribbean, backed major industrial projects and initiatives like the Dangote Refinery and the African Medical Centre of Excellence Cairo, Egypt | THE INDEPENDENT | Africa’s multilateral lender, African Export-Import Bank, marked the end of an era as President and …
Read More »
The Independent Uganda: You get the Truth we Pay the Price