Thursday , November 14 2024

The independent

Stanbic Bank reveals first fruits of business incubators

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has revealed the first fruits of its Business Incubator Programme, two years after its establishment to mentor Small and Medium Enterprises in the country. The three months long Business Development Programme places selected Small and Medium Enterprises under intensive training in …

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Russia to contest doping ban, Putin defiant

Moscow, Russia | AFP | Russia decided on Thursday to contest its ban from major sporting events over doping violations, as President Vladimir Putin slammed its sidelining as unfair and insisted athletes should be able to compete under the national flag. Russia’s RUSADA anti-doping agency “made a decision not to agree” …

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Sudanese celebrate, demand justice on uprising anniversary

Khartoum, Sudan | AFP | Exuberant crowds took to the streets of Sudan on Thursday to celebrate the first anniversary of the uprising that toppled veteran autocrat Omar al-Bashir and to demand justice for slain protesters. Thousands turned out in different districts of the capital Khartoum chanting slogans such as “we’re …

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Rains disrupt traders in Kampala

  Kampala, Uganda | THE INDEPENDENT | Traders in Kampala are registering low sales as the festive season approaches as a result of heavy rains. Like other parts of the country, Kampala has been experiencing heavy rain forcing some traders operating in different parts of the town to abandon their …

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British PM puts Brexit top of new agenda

London, United Kingdom | AFP | Prime Minister Boris Johnson on Thursday put Britain’s departure from the EU at the top of the agenda, as Queen Elizabeth II read out his plans for government in a parliamentary ceremony following a sweeping election win. The monarch formally opened parliament with plenty of …

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Parliament halts UPDF fisheries operations indefinately

Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament, Rebecca Kadaga has directed the Uganda Peoples Defense Forces-UPDF Fisheries protection unit to halt its operations on all water bodies in the countries for alleged mistreatment of fishing communities. Kadaga’s directive stemmed from a heated debate in parliament on the …

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Danish Fund buys 10% shares in Dfcu

Kampala, Uganda | THE INDEPENDENT | Danish government-owned Investment Fund for Developing Countries (IFU) has bought 74 million shares (9.97%) in Dfcu bank, making it the second-largest shareholder after the Dutch-backed fund Arise B.V. The transaction, which saw London-headquartered CDC Group sell its stake, has been viewed as a vote …

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Reviewing Museveni’s 10 point security plan

Kampala, Uganda | THE INDEPENDENT | A week after the shooting of the late Ibrahim Abiriga, the former Arua Municipality Member of Parliament in June last year President, Yoweri Museveni addressed Parliament about the state of security in the country. At the time, the country was grappling with a number …

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