Net operating cash flow increased by 18% to Shs221 billion supported by cash collections, operating profits, optimised working capital, and financing costs during the period Kampala, Uganda | THE INDEPENDENT | Electricity distributor, Umeme has reported a 20% increase in revenue to Shs1tn for the six months of the year ending …

Kampala, Uganda | THE INDEPENDENT | Prudential Uganda announced a $30,000 donation to Mulago National Referral Hospital of essential medical supplies such as safety boxes for syringes, heavy-duty aprons, and sterile and examination gloves. The donation, which is part of the Prudential Post COVID Recovery Funds initiative, is a significant step …

Other major African players, such as Nigeria and Ghana, have expressed informal interest ANALYSIS | RUXANDRA LORDACHE | The BRICS economic coalition of emerging markets has extended membership invitations to six nations. The BRICS alliance  which is composed of Brazil, Russia, India, China and South Africa is set to invite …

Continent needs a civically enlightened citizenry and an independent and credible state institutions that are committed to protect and honour the franchise of citizens ANALYSIS | CRISPIN KAHERU | Violence has become a dominant reality in most of the recent elections. Common narratives around it conjure more lamentations than actual strategies …

The target for revenue collection in the fiscal year 2023/24 has been set at Shs29trillion Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has reported Shs57bn as surplus revenue collected for the FY2022/2023, registering a big achievement given the recent years’ mixed performance that was dented by COVID-19 lockdowns and …

Kampala, Uganda | THE INDEPENDENT | On Aug.22 CNOOC Uganda Limited organised a free medical camp in the Kingfisher Project Area, situated in Buhuka Flats of Kikuube District. The event, themed “Better Health, Better Tomorrow” is a demonstration of CNOOC Uganda Limited’s dedication to improving healthcare access and promoting a healthier …

Kampala, Uganda | THE INDEPENDENT | Uganda Airlines has recently launched the Uganda Airlines Mobile App, which allows travelers to conveniently access the airline’s services. The launch, which took place on August in Kampala was an important milestone in the airline’s drive to improve its services and ensure a convenient and …

Khartoum, Sudan | THE INDEPENDENT | The Sudanese Foreign Ministry on Saturday called on the U.S. government to correct its position towards the current Sudanese crisis and not to equate the Sudanese Armed Forces (SAF) with the “terrorist militia.” In a statement, the ministry criticized a social media post from the …

Kiev, Ukraine | Xinhua | Ukraine on Saturday denounced the plans of five EU countries to extend Ukrainian grain import ban, the Ukrainian Foreign Ministry said in a statement on its website. Those countries, including Poland, Slovakia, Bulgaria, Romania and Hungary, have sought to extend the import ban on Ukrainian grain, …

Kampala, Uganda | THE INDEPENDENT | After three days of a bus strike that paralysed transport operations across the country, the bus operators and the Local Government reached an understanding to hold talks. Bus operators were perturbed over KCCA’s decision to levy a Shs2.4m million park user fees which they considered …