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The Independent

Stanbic set to open a business incubator in Kampala

Kampala, Uganda | THE INDEPENDENT | Uganda’s largest commercial bank, Stanbic, is set to open a business incubator to stir growth of small and medium enterprises countrywide. “The incubator will provide an enabling environment for SMEs to enhance their capacity, enabling their businesses to survive, operate successfully and grow,” Stanbic Bank …

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Deadliest plane crashes in Iran since 2003

Tehran, Iran | AFP | An Iranian passenger plane on a domestic flight crashed on Sunday into the country’s Zagros mountains, with all 66 people on board feared dead. Here is a recap of the deadliest plane crashes in Iran since 2003. – 2014 – On August 10, an Antonov …

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Plane crashes in Iran killing all 66 aboard

Tehran, Iran | AFP | An Iranian passenger plane on a domestic flight crashed into the country’s Zagros mountains on Sunday killing all 66 people on board, officials said. The Aseman Airlines flight left Tehran’s Mehrabad airport around 0800 (0430 GMT) for the city of Yasuj in Isfahan province, said …

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KQ to unveil flights to Mauritius

Kampala, Uganda | THE INDEPENDENT | Kenya’s national carrier, Kenya Airways, has announced plans to fly four times a week to Mauritius starting June, giving customers more options to travel to the Indian Ocean archipelago. The carrier said the new flight will also set it up to take advantage of traffic …

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DFCU becomes the 8th bank cleared to sale insurance

Kampala, Uganda | THE INDEPEDENT | DFCU bank has become the 8th bank to receive a certificate from the insurance regulator, Insurance Regulatory Authority (IRA-U) to start selling insurance products at its 67 branches countrywide. This is backed by the Financial Institutions Amendment Act 2016. During the handover ceremony at IRA …

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NSSF contributions to hit Shs 9 trillion soon

Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund contributions will soon hit Shs9 trillion due to increased compliance and introduction of voluntary contributions, according to the Fund’s Managing Director, Richard Byarugaba. Byarugaba, who spoke during the launch of Fund’s Corporate Centre at Workers House in Kampala, said company’s …

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Israel strikes Gaza after blast wounds four soldiers

Gaza City, Palestinian Territories | AFP | Israeli jets struck the Gaza Strip on Saturday after four soldiers were wounded when an improvised explosive device blew up along the border with the Palestinian enclave. The explosion earlier Saturday, which left two of the Israeli soldiers severely injured, was one of …

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