Paris, France | AFP | Total said Tuesday its quarterly profit fell by 99 percent because of dropping oil prices and announced it would slash investments in response to ongoing turmoil in crude markets. The French oil major reported a net profit of $34 million for the first quarter, against $3.1 billion a year earlier. …

Kampala, Uganda | Julius Businge | The Institute of Certified Public Accountants of Uganda has donated Shs 38.5million to the National COVID-19 Response Fund, it said on May 05. The amount contributed was generously pooled from donations of members, students and staff of ICPAU, CPA Frederick Kibbedi, president of ICPAU said. …

Kampala, Uganda | THE INDEPENDENT | A section of Members of Parliament has demanded an explanation from the Internal Affairs Minister over the lack of payment of security officers at the frontline in the fight against coronavirus. The MPs expressed disappointment on Tuesday during a plenary session chaired by Speaker …

Kampala, Uganda | THE INDEPENDENT | Civil Division High Court Judge, Michael Elubu has declined to reverse his earlier order to legislators to return Shillings 10 billion they received for Covid-19 activities to public coffers. According to Justice Elubu, the law doesn’t permit him to reopen a matter he heard …

Kampala, Uganda | THE INDEPENDENT | National Insurance Corporation and roofing tiles maker Uganda Clays Limited will not publish their audited financial results for 2019 until June 2020, the companies have said. In separate statements issued on Tuesday, both companies which are listed on the Uganda Securities Exchange (USE) said …

Kampala, Uganda | THE INDEPENDENT | The Minister of Trade, Industry and Cooperatives, Amelia Kyambadde has come out to clarify on some of the presidential directives issued. Addressing the nation on Tuesday, President Museveni allowed food markets, wholesale, hardware shops, metal works, woodworks, warehouses, insurance providers, 30 lawyers to be …

Kampala, Uganda | THE INDEPENDENT | Ramadan Isihaq Lukwago, the Kawempe One East Councilor has applied to High Court for a review of the orders directing legislators to deposit the Shillings 10 billion they received for Covid 19 activities to public accounts. Lukwago argues that the directive issued by Civil …

Isingiro, Uganda | THE INDEPENDENT | 100 people have been arrested in Isingiro district for crossing into Uganda from Tanzania through the porous routes. The routes are mainly in the villages of Kakamba, Nyamarungi, Kikagate, Kamwima and Ruborogota. In March, President Museveni directed the closure of all borders as a …

Kampala, Uganda | THE INDEPENDENT | The practice of siphoning fuel from trucks has frustrated efforts to minimise contact between youths and truck drivers along highways in Busoga region exposing them to Covid 19 infection. Despite the fact that the Works and Transport Ministry directed that all transit trucks park …

Kitgum, Uganda | THE INDEPENDENT | The police have commenced the installation of closed-circuit cameras in Kitgum municipality. The project which was halted due to the Covid-19 commenced over the weekend. It is part of the countrywide plan to install surveillance cameras to curb rates of urban crimes. Kitgum Resident …