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The Independent

Entebbe International Airport shutdown to hit Airlines

Kampala, Uganda | THE INDEPENDENT | Managers of different airlines say the temporary suspension of passenger flights in and out of Uganda will have drastic effects on their operations and revenues. They however welcome the move because they say it will safeguard people as governments and individuals set up measures …

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Gundogan says Liverpool deserve to be champions

London, United Kingdom | AFP | Liverpool should be awarded the Premier League title if the season cannot be completed due to the coronavirus pandemic, says Manchester City midfielder Ilkay Gundogan. Jurgen Klopp’s men were a tantalising two wins away from their first league crown since 1990 when the season was suspended earlier this month. …

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Afreximbank unveils a US$3billion facility to cushion COVID-19 fallout

Kampala, Uganda | Isaac Khisa | Africa’s multi-lateral lender, African Export-Import Bank has unveiled a US$3bn facility, named Pandemic Trade Impact Mitigation Facility (PATIMFA), to help African countries deal with the economic and health impacts of the COVID-19 pandemic. PATIMFA, approved by the Bank’s Board of Directors during its sitting on March.20, …

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UBA to offer Uganda with US$150,000 as COVID-19 relief support

Kampala, Uganda | Isaac Khisa | Uganda government is set to receive US$150,000 from the pan-African lender, United Bank for Africa, as part of its efforts to stem the effects of the devastating coronavirus. The support is part of the US$14 million kitty that UBA has announced through its UBA Foundation to …

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Stanbic Bank Uganda profits hit record level

Kampala, Uganda | Isaac Khisa | Stanbic Bank Uganda registered a record 20% growth in net profit to Shs 259 bn last year compared with the 2018 citing increase in both interest and non-interest incomes. The bank also recorded a 20% year-on-year growth in revenues to exceed Shs 800 billion. …

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Trump says Putin to ‘probably ask’ for sanctions lifting

Washington, United States | AFP | President Donald Trump said Monday he expects his Russian counterpart Vladimir Putin to request the lifting of US sanctions during an upcoming phone call. “Yeah, he’ll probably ask for that,” Trump told Fox News. Trump did not say what his response would be, noting that …

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IGP tasks legal director to appeal POMA judgement

Kampala, Uganda | THE INDEPENDENT | The Inspector General of Police-IGP, Martins Okoth Ochola has tasked the Legal Director, Christine Nanding to work with Attorney General to appeal the Constitutional Court judgment nullifying section 8 of the Public Order Management Act.  This particular section gave the IGP discretionary powers to …

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Benzema deepens France rift by ridiculing ‘go-kart’ Giroud

Madrid, Spain | AFP | Real Madrid’s Karim Benzema has mocked France striker Olivier Giroud by likening himself to a Formula One car and Giroud a go-kart. Benzema has not played for France since 2015 and watched from afar as Giroud spearheaded the team’s World Cup triumph in Russia two years ago. With over 500 …

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