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NSSF confident of performance of its investments

Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has no plans to review its investment structure even when there are some companies whose shares are not doing well on the stock market. Some stocks across East Africa’s stock market have lost value since their initial public offer and …

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Ugandan Fintechs embrace regulation

Kampala, Uganda | THE INDEPENDENT | Uganda’s fintech community is confident regulation will act as a pedestal for the industry’s future growth. Speaking ahead of FITSPA’s 3rd Annual Fintech Conference due September 8, Chairman of FITSPA and Country General Manager of Interswitch EA Uganda LTD Peter Kawumi said the association provides …

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Police officer in Gulu city arrested over escape of suspect

Gulu, Uganda | THE INDEPENDENT | A police officer in Gulu city has been arrested following the escape of a suspect from police custody. Special Police Constable Leobenik Ojok is accused of negligence while on duty at Gulu Central Police Station which led to the escape of Emmanuel Ouma. Ouma was …

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Africell to exit Ugandan market after 7 years

Kampala, Uganda | THE INDEPENDENT | Stiff competition and high indebtedness have forced Uganda’s third largest telecom service company by subscriber base, Africell, to quit the country. The company say its services will stop on October 7, this year, according to a letter circulated to its employees, who will continue to …

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Angry residents set ablaze 10 houses avenging deceased relative

Kagadi, Uganda | THE INDEPENDENT | Relatives of a local council chairperson who died after a bar brawl in Kagadi town council have torched more than ten houses to avenge his death. Geoffrey Byaruhanga, 47, the former LC1 chairperson of Nyamigisa cell in Mpeefu town council died on Friday last week …

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Parliament honours Orthodox Archbishop Jonah Lwanga

Kampala, Uganda | THE INDEPENDENT | Parliament on Tuesday observed a moment of silence in the honour of the late Archbishop Jonah Lwanga of the Orthodox Church. Metropolitan Jonah Lwanga died on Sunday evening in Athens, Greece where he went for missionary work more than a month ago and fell ill. …

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Makerere online exam registration puzzles students

Kampala, Uganda | THE INDEPENDENT | Several students at Makerere University are still struggling to register on the university e-learning platform ahead of the online assessment scheduled to start next week. The university management extended the date from September 6, 2021 to September 13, 2021 to address the concerns of students …

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