Kampala, Uganda | THE INDEPENDENT | Members of Parliament have approved a request by the government to borrow $464 million (about Shs1.7 trillion) to finance infrastructure and development needs of the budget despite objection from the opposition, who say the loan terms are unfair. Referred to Parliament’s Committee on National Economy …
Read More »EU provides Uganda EUR 5 million funding for renewable energy
Kampala, Uganda | Patricia Akankwatsa | In December 2020, the EU and EDFI ElectriFI agreed on establishing a dedicated ElectriFI Country Window for Uganda, with a specific funding package of EUR 5 million, to be invested in renewable energy companies active in Uganda. The launch of the Uganda Country Window will …
Read More »ADDRESS: Tshisekedi says DRC choosing peace over war
US hails Kenya’s Ruto for sending troops to DRC Kinsahasa, DRC | THE INDEPENDENT & XINHUA | President Félix Antoine Tshisekedi Tshilombo has addressed the nation over the unrest in east of the Democratic Republic of the Congo (DRC), and said despite disagreement with Rwanda, he has chosen peace over war. …
Read More »Passenger dies aboard Gateway bus
Soroti, Uganda | THE INDEPENDENT | There was panic on a Gateway bus registration number UAL 770L, on Thursday afternoon following the death of one of the passengers in transit. The deceased has been identified as Oscar Ocen, a resident of Okoya in Abim district. Ocen has been working with Saracen Security …
Read More »Kitgum authorities pursue firm suspected of human trafficking
Kitgum, Uganda | THE INDEPENDENT | Kitgum district authorities have launched a manhunt for officials of Destiny Technology Heavy Load Plant Services, on accusations of trafficking six unsuspecting youths to the Albertine region with promises of offering them lucrative job opportunities. Kitgum Resident District Commissioner, Jimmy Ebil Ssegawa, says that they …
Read More »Fresh tension as ‘Balalo’ herdsmen return to Lamwo
Lamwo, Uganda | THE INDEPENDENT | Balalo pastoralists have returned to Lamwo district six months after their eviction. In November 2021, President Museveni ordered the eviction of all pastoralists from Northern Uganda in a letter to Prime Minister Robinah Nabbanja, arguing they were illegally operating in the sub-region and causing food insecurity …
Read More »Tusk conservation awards winners announced at London ceremony attended by Prince William
Kampala, Uganda | THE INDEPENDENT | The annual Tusk Conservation Awards at London’s historic Hampton Court Palace recognised and brought together conservation leaders from across Africa. This year’s celebrations, in partnership with Ninety One, not only celebrated the unsung conservation heroes of Africa, but also marked the 10th year of the awards. Hosted …
Read More »Sanlam inks deal with MTN Group’s InsurTech
Kampala, Uganda | THE INDEPENDENT | Sanlam and MTN Group have announced a strategic alliance to market and distribute insurance and investment products across Africa, and have reached a significant milestone with the fulfilment of the regulatory, competition and other requirements. The effective date of the transaction is 31 October 2022. …
Read More »Tayebwa secures ACP-EU support for EACOP
Kampala, Uganda | THE INDEPENDENT | The African, Caribbean, Pacific-European Union (ACP-EU) Joint Parliamentary Assembly sitting in Maputo, Mozambique on Wednesday, 02 November 2022 voted to let Uganda proceed with developing the East African Crude Oil Pipeline Project (EACOP). The Ugandan delegation to the Maputo meeting led by Deputy Speaker Thomas …
Read More »MTN Uganda to pay an interim dividend as profits surge to Shs 292.7bn
Kampala, Uganda | THE INDEPENDENT | MTN Uganda has declared an interim dividend of Shs 5.4 per share, a total of Shs 120.9billion, after its net profit surged 21% to Shs 292.7billion for the nine months ending Sept.30. This is the second time that MTN Uganda has declared interim dividends to …
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