Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda Limited has registered a 21.6% increase in net profit from Shs3.7bn to Shs4.5bn for the first six months of 2024, further showing the company’s continued growth trajectory. The company executives said on Aug.2 that the macro-economic landscape was relatively stable …
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Maintaining and servicing ATMs in remote or low-traffic areas is becoming less cost-effective for banks ANALYSIS | AGENCIES | Absa, Standard Bank, and FNB have been closing ATMs over the last five years, while Capitec has significantly increased its ATM footprint. Banks in South Africa are closing ATMs due to a …
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Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank’s investments resulted into the creation of more than 400 additional jobs, bringing the total to 51,841 last year, underscoring the lender’s contribution towards transforming people’s lives. According to UDB’s latest Development Impact Report, titled “Transforming Lives: The Role of UDB in Driving …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Medical Association (UMA) has voiced concerns regarding the government’s inability to deploy all medical interns, despite an increase in the number of internship placement sites. The government allocated 35 billion shillings for allowances for over 1,200 medical interns expected to be deployed by …
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Nairobi, Kenya | THE INDEPENDENT | African civil society organizations are calling on their governments to collaborate more closely in the push for reforms in the global trade, economic, and finance administration. This comes amidst calls for a landscape on which the developed world and the international lenders can deal with the …
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GULU, UGANDA | THE INDEPENDENT | The Minister of State for Trade, General Wilson Mbadi, has committed to soliciting more funding for the Uganda National Bureau of Standards (UNBS) to enhance its performance capacity. Lack of capacity, including understaffing due to inadequate funding have been blamed for failures to efficiently perform …
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Mbarara, Uganda | THE INDEPENDENT | Mbarara University of Science and Technology (MUST) has announced the appointment of Prof. Pauline Byakika-Kibwika as its new Vice Chancellor. The decision, following an extensive search process by the Vice Chancellor Search Committee (VCSC), was finalized in August 2024. Prof. Byakika-Kibwika, renowned for her expertise …
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Kampala, Uganda | THE INDEPENDENT | National Unity Platform (NUP) President Robert Kyagulanyi, alias Bobi Wine, has urged the youth who participated in the March to Parliament protests against corruption to stay resolute and continue causing what he termed as “good trouble.” Last month, over 100 individuals were detained by security …
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Paris, Uganda | THE INDEPENDENT | Uganda’s long-distance stars, Joshua Cheptegei and Jacob Kiplimo, will not compete in the 5000m race at the Paris 2024 Olympic Games, the Uganda Athletics Federation has confirmed. In a brief statement, Faustino Kiwa, Head Coach of the Uganda Athletics Team, explained that both athletes were …
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Kampala, Uganda | THE INDEPENDENT | MTN Uganda has announced a significant 29.7% increase in net profit to Shs 295.7 billion for the half-year ended June 2024, driven by robust growth in voice, data, and fintech services. The telecom company’s voice revenues rose by 15.1% to Shs 626.7 billion, while data …
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The Independent Uganda: You get the Truth we Pay the Price
