Kigali, Rwanda | THE INDEPENDENT | Uganda President Yoweri Museveni is in Kigali, Rwanda to attend the 26th Commonwealth Heads of Government Meeting (CHOGM). He flew on a helicopter from Entebbe to Gatuna, then travelled by road to Kigali. It is his first visit to Rwanda since a security dispute …
Read More »
Studies reveal that drinking low to moderate amounts of beer reduces the risk of heart disease FEATURE | AGENCIES | In a recent article published in the `Journal of Agricultural and Food Chemistry’, scientists analysed the effect of alcoholic and nonalcoholic beer ingestion on gut microbiota. The fermented extract …
Read More »
Kampala, Uganda | THE INDEPENDENT | Ugandans have been urged to step up domestic production and processing of wheat substitutes such as cassava and matooke. Wheat prices in the country are on the rise as result of rise in fuel prices as well as the Russia-Ukraine war which hiked cost …
Read More »
Kampala, Uganda | THE INDEPENDENT | Cigarette dealer, British American Tobacco Uganda, will pay its shareholders Shs 209per share, translating into Shs 10.2billion as dividend. This is nearly 50% lower compared to Shs 19.9billion paid in 2020 due to a drop in profit. BATU pays 100% of its profit as …
Read More »
NEWS ANALYSIS | AGENCIES | Ugandans could potentially live an extra two years if that if global PM2.5 levels were reduced to the five micrograms per cubic metre recommended by the World Health Organisation (WHO), according to a new study. Ugandans have a life expectancy of about 64 years …
Read More »
Kampala, Uganda | THE INDEPENDENT | In a bid to help more people realise their dream of land and home ownership, Absa Bank Uganda has introduced land purchase loans. These loans will enable customers to access affordable financing for the purchase of land in Greater Kampala and select cities in Uganda. …
Read More »
London, UK | THE INDEPENDENT | The UK Government has stepped down from funding Financial Sector Deepening Uganda (FSDU) and handed over that role to the Bill and Melinda Gates Foundation, it said on June 15 in a media statement. Since 2015, the UK Government has invested Shs85billion (£17m) …
Read More »
The program is voluntary and is based on the informed assessment and judgement of the participating financial institutions Kampala, Uganda | THE INDEPENDENT | Fifteen Ugandan banks have signed onto the TradeClear platform to ease and boost interbank trade within the country. TradeClear is an interbank trading platform managed by …
Read More »
Microsoft stops supporting infamous browser NEWS ANALYSIS | AGENCIES | Tech giant Microsoft on June 15 stopped supporting the Internet Explorer web browser after nearly 27 years. By June 16, a day after the official end of the browser, the #RIPInternetExplorer hashtag was trending. “Sad to see it go,” tweeted …
Read More »
Egis Road Operation was in May last year awarded a contract by Uganda National Roads Authority to operate and maintain the 26.2KM Kampala – Entebbe Expressway. It is expected to collect toll fees on behalf of government and provide high quality road management adding value to road users. The …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
