Equity Group reports US$468.7 million profits before tax, driven by strategic diversified growth ✳ Proposed dividend per share of UgSh120 – a payout ratio of 34.5% ✳ Earnings per share increased by 11% to UgSh348 ✳ Asset quality improves by 100 basis points from Q1 2024 to Q4 2024. ✳ …
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Machar not arrested, South Sudan says Juba, South Sudan | SUDAN TRIBUNE | South Sudan said on Thursday it had increased security measures for First Vice President Riek Machar, downplaying reports that the SPLM-IO leader had been placed under house arrest. The development caused panic and uncertainty over the fate …
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KHARTOUM, SUUDAN | Xinhua | Abdel Fattah Al-Burhan, chairman of Sudan’s Transitional Sovereign Council and commander of the Sudanese Armed Forces (SAF), declared from inside the Presidential Palace in Khartoum on Wednesday that “Khartoum is free,” referring to the end of the Rapid Support Forces’ control over the capital, according …
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KAMPALA, UGANDA | Xinhua | The Ugandan military has intensified screening and surveillance along its border with the Democratic Republic of the Congo (DRC) following last week’s clashes that left 242 Congolese militiamen dead. Chris Magezi, acting spokesperson for the Uganda Peoples’ Defense Forces (UPDF), told Xinhua by phone on …
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The great South African playwright captured what it means to be human OBITUARY | DENNIS WALDER | I was shocked to learn that the famous South African writer Athol Fugard had passed away on March 08, 2025. I had known his age to be 92 but somehow I never expected him …
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KAMPALA, UGANDA | Xinhua | More than 31,000 Congolese have fled conflicts in their home country since January and are now seeking refuge in neighboring Uganda, the UN Refugee Agency said on Tuesday. Frank Walusimbi, spokesperson for the United Nations High Commissioner for Refugees (UNHCR) in Uganda, told Xinhua by …
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Juba, South Sudan | THE INDEPENDENT & AGENCIES | The United Nations Mission in South Sudan (UNMISS) has warned that the country is on the brink of relapsing into widespread conflict, after First Vice President, Dr. Riek Machar was put under house arrest on Wednesday. Reports from Juba indicate that VP Machar …
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EACOP Ltd announces the closing of the first financing tranche for the East African crude oil pipeline project Kampala, Uganda | THE INDEPENDENT & URN | EACOP, the company in charge of the construction and future operation of the East African Crude Oil Pipeline project from Kabaale in Uganda to …
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KAMPALA, UGANDA | THE INDEPENDENT | Driven to extend digital and financial inclusion across Africa, MTN Group and Airtel Africa have entered into agreements to share network infrastructure in Uganda and Nigeria, while ensuring compliance with local regulatory and statutory requirements. These sharing agreements target improved network cost efficiencies, expanded coverage …
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KAMPALA | Xinhua | Africa’s fastest runner Ferdinand Omanyala of Kenya will take part in Uganda’s third National Athletics Trials on Saturday, March 29. Uganda Athletics Federation (UAF) president Dominic Otuchet told Xinhua on Tuesday that Omanyala and nine other Kenyan runners will attend the National Trials. “We are glad …
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The Independent Uganda: You get the Truth we Pay the Price
