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Makerere Endowment Fund gets sh.4Bn boost for August run

Kampala, Uganda | THE INDEPENDENT | NCBA Bank Uganda has announced a sh1.45 billion sponsorship package for Makerere University’s MakRun, which is scheduled for August 17. Vice Chancellor Professor Barnabas Nawangwe welcomed NCBA Bank’s “generous gift,” noting that this year’s MakRun will be “bigger, better, and more fun” than ever. …

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FY2024: dfcu declares record dividend

dfcu FY2024 Highlights: 151% growth in profit after tax to UGX 72.1 billion 9% growth in Total Assets, reflecting strong performance and strategic growth initiatives Improved asset quality and capital adequacy, ensuring continued support for Uganda’s key economic sectors Kampala, Uganda | THE INDEPENDENT | In recognition of its strong financial …

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UPDF dispatches team to probe military helicopter crash in Somalia

KAMPALA, UGANDA | Xinhua | Uganda’s military has dispatched a team to investigate the deadly helicopter crash that killed five peacekeepers and injured six others in the Somali capital of Mogadishu, a spokesperson said on Thursday. Felix Kulayigye, Uganda’s military spokesperson, told Xinhua by telephone that the team will investigate …

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Uganda reopens border posts with eastern DRC

KAMPALA, UGANDA | Xinhua & URN |  Uganda has reopened border posts with the Democratic Republic of Congo in areas under the control of the March 23 Movement (M23) rebels. Felix Kulayigye, Uganda’s military spokesperson, told Xinhua by telephone that President Yoweri Museveni on Wednesday ordered the reopening of the …

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