Kampala, Uganda | THE INDEPENDENT | Parliament has approved 1.6 trillion shillings supplementary budget request by government for the current financial year 2018/2019. Part of the money will cater for the on-going President Yoweri Museveni’s countrywide tour on wealth creation. The approved Supplementary is in addition to the current 2018/2019 budget …
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Kampala, Uganda | THE INDEPENDENT | The first group of foot pilgrims has arrived at the Uganda Martyrs Catholic Shrine in Namugongo. The group of 28 was led by a 91-year-old parishioner Bernado Tibyangye, to trek a distance of more than 300 kilometres from St. Kaggwa Catholic Parish Bushenyi District in Mbarara Ecclesiastical …
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Buenos Aires, Argentina | AFP | Barcelona superstar Lionel Messi and the returning Sergio Aguero headed the 23-man Copa America squad announced by Argentina coach Lionel Scaloni on Tuesday. Paris Saint Germain winger Angel Di Maria was also included but there was no place for striker Gonzalo Higuain, who …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Martyrs Catholic Secretariat at Namugongo has decided to carry out tests on the quality of the holy water. Many pilgrims who flock Namugongo to celebrate the Martyr’s Day fetch water from the man-made lake. They have often given testimonies that the water heals …
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Kampala, Uganda | THE INDEPENDENT | Cabinet has approved the board of directors for Uganda National Airlines Company Limited. The board of seven directors will be chaired by Ahabwe Godfrey Pereza. Ahabwe is a former MP for Rubanda East constituency and Minister of State for Local Government. Transport economist, Benon …
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Sam Omukoko is the group managing director for Metropol Corporation Limited, a business, information and credit management company. He spoke to The Independent’s Julius Businge about their business in Uganda and the East African region. Could you describe the role of Metropol Corporation Limited? Our role is to compile and …
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BOD Chairman Patrick Bitature says negotiations to be concluded before end of year Kampala, Uganda | JULIUS BUSINGE | Patrick Bitature is a top businessman and entrepreneur in Uganda with interests in the energy, telecommunication, real estate, mining and hospitality sectors. He has earned respect by chairing boards of several …
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The lender’s entry into Zambia and Mozambique will enhance trade between East and Southern Africa Kampala, Uganda | JULIUS BUSINGE | Equity Bank’s move to acquire banking assets of Atlas Mara in four African countries will create new opportunities for traders in the East African region, according to the bank’s …
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5% drop to Shs68bn in net profit Kampala, Uganda | JULIUS BUSINGE | Huge taxes paid to Uganda Revenue Authority (URA) has seen Barclays Bank Uganda Limited record a 5% drop in net profit to Shs68bn for the year ended December 2018. Barclays bank financial results released on April 25 …
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The bank is eyeing fin-tech, insurance, fund management and stock brokerage cash Kampala, Uganda | JULIUS BUSINGE | On April 10, Stanbic Bank might have given hope to its shareholders that they will earn more money in the near future estimated to be more than Shs300bn in net profit. The …
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The Independent Uganda: You get the Truth we Pay the Price
