MediProtect is open to the bank customers and any of their nominated dependents, irrespective of age Kampala, Uganda | THE INDEPENDENT | Stanbic customers are now able to acquire for themselves and loved ones, annual medical insurance cover of up to Shs20million, courtesy of Stanbic MediProtect, a joint offer by …
Read More »UDB to lend Shs300bn in the next six months
The lender recorded 76% net profit to Shs38.8billion in 2021 Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank is set to lend slightly over Shs300bn in the coming six months to support businesses overcome the current economic shocks, characterized by high commodity prices. The lender’s Chief Executive Officer, Patricia …
Read More »Museveni gives DGF five months
Will it herald DGF III or marks the closure of project? NEWS ANALYSIS | THE INDEPENDENT | President Yoweri Museveni has given a small, five-month window to the Democratic Governance Facility (DGF), a major funder of civil society organisations in Uganda, to operate. But does that mean the end of …
Read More »WHO: Monkeypox not yet a global public health emergency
Kigali, Rwanda | THE INDEPENDENT | The monkeypox outbreak does not currently constitute a global public health concern, the World Health Organization (WHO) has said, although the agency called for intense response efforts to control further spread. The rare viral disease, occurs primarily in tropical rainforest areas of Central and …
Read More »UDB helped create 41,000 jobs despite inflation
Kampala, Uganda | THE INDEPENDENT | The Uganda Development Bank, the country’s national development finance company, made a record level of loan approvals in 2021, with total lending of sh635 billion. The approved loans are the highest since 2011, denoting a 10-year-high, while the loan stock grew more than half …
Read More »BISHOP: Review all civil servants pay to end strikes
Masaka, Uganda | THE INDEPENDENT | The Bishop of West Buganda Anglican Diocese; The Rt Rev Henry Katumba Tamale, has called for a general salary scales review for all public servants, as a decisive solution to the recurrent strikes. He is concerned that repeated action by different categories of civil …
Read More »Museveni urges religious leaders to embrace PDM
Hoima, Uganda | THE INDEPENDENT | President Yoweri Museveni has tasked religious leaders to mobilise their parishioners to embrace the Parish Developmental Model (PDM) programme that is currently being rolled out in the country. The call was part of his message during the groundbreaking ceremony and fundraising drive for the …
Read More »Consumers, traders question UNBS on substandard goods in Elegu
Elegu, Uganda | THE INDEPENDENT | Consumers and traders operating at Elegu Border Point in Amuru district have asked the Uganda National Bureau of Standards (UNBS) to step up market surveillance and crackdown on substandard commodities. They pointed out that the area is witnessing a surge in goods and commodities …
Read More »Political uncertainty envelops Libya as UN-backed transitional phase expires
Tripoli, Libya | Xinhua | Political instability will likely persist in Libya as a United Nations-backed transitional phase, outlined in a roadmap for the North African country in 2020, expired this week, Libyan analysts say. The United Nations Support Mission in Libya (UNSMIL) facilitated the first round Libyan Political Dialogue …
Read More »MUSEVENI: Stop smuggling goods to Rwanda
Kabale, Uganda | THE INDEPENDENT | President Yoweri Museveni has advised the people of Kabale district to refrain from smuggling goods into Rwanda and instead engage in formal business. In a statement provided by the presidential press unit, Museveni made the comment at the Katuna border as he …
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