Kampala, Uganda | THE INDEPENDENT REPORTER | Stanbic Bank Uganda has countered fraudulent activity by a few of its banking agents aimed at defrauding the bank. The bank was quick to add that the incident did not affect customer transactions or balances and that agency banking services continue to operate …
Read More »East African Breweries Limited sustainability report for Uganda is out
Kampala, Uganda | INDEPENDENT REPORTER | Uganda Breweries Limited unveiled the inaugural East African Breweries Limited (EABL) Sustainability Report to the government, the media and the public. The report, which was released by all three subsidiaries under EABL (Uganda Breweries, Kenya Breweries and Serengeti Breweries) is meant to highlight …
Read More »Peter Kimbowa to head NSSF Board
Kampala, Uganda | THE INDEPENDENT | The Minister of Finance, Planning and Economic Development Matia Kasaija has appointed a new Board of Directors for the National Social Security Fund (NSSF) for the next three years effective September 01, 2021. The new NSSF board is headed by Dr. Peter Kimbowa, a …
Read More »How to re-open schools
Innovation needs to speed up FEATURE | EDUCATION | Long before the second wave of the pandemic, questions about the future of education dominated public discourse in Uganda. Shamim Nirere of Izere Education not only had the question lingering on her mind, she found some answers too. “The future of …
Read More »The 10 richest investors on the Uganda Securities Exchange
Omokolade Ajayi | BILLIONAIRES AFRICA | For an economy with a GDP of $37.4 billion, the Ugandan bourse is one of the most undervalued, with a marginal representation of local investors as high institutional ownership crowds them out of the market. Despite the fast growth of the local economy, the …
Read More »Makerere University main building to be demolished
Kampala, Uganda | THE INDEPNDENT & URN | Minister of ICT Chris Baryomunsi has announced that Cabinet has resolved to demolish what remains of the burnt Makerere University main building, and rebuild it. “Cabinet decided that the Makerere main building be demolished and rebuilt. We have also directed the …
Read More »Over 200 set for CEO Summit 2021
Kampala, Uganda | THE INDEPENDENT | The 12th edition of the CEO Summit will be held virtually on September 17th, 2021. The CEO Summit, the largest gathering of Uganda’s leaders and private sector decision-makers, will bring together 200 corporate sector leaders from the private sector, the civil society, and the public …
Read More »RUGUNDA: I will not run for presidency in 2026
Kampala, Uganda | THE INDEPENDENT | Former Prime Minister Dr Ruhakana Rugunda,73, has dismissed reports indicating he will be a candidate for Presidential elections in 2026. “I have read social media postings and suggestions that I should run for President in 2026. I would like to make it known that …
Read More »Uganda Airlines close to Interline Partnership with Air Tanzania, Precision Air
Dar es Salaam, Tanzania | AIRSPACE AFRICA | Uganda Airlines is finalizing negotiations with Air Tanzania and Precision Air to seal interline partnerships and enhance collaboration within the region According to aviation website Airspace Africa , the news was revealed by the Ugandan national carrier’s country manager for Tanzania, Lucy Ismail while …
Read More »Kampala Traders protest new textile taxes, rent arrears
Kampala, Uganda | THE INDEPENDENT | Kampala City Traders Associations say this will protest against the new tax policy on imported textile fabrics and garments. The traders say they are considering several actions to show displeasure over the textile tax, and also the failure by landlords to waive rent arrears …
Read More »