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The Independent

U.S. longest gov’t shutdown ends with governance problems lingering

WASHINGTON, the United States | Xinhua | The record-breaking U.S. federal government shutdown was expected to end soon after the congressional approval of a spending package on Wednesday. However, as bipartisan power struggles show no sign of alleviating, the recurrence of this shutdown remains highly possible within just two months. …

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Ugandan coffee exporters seal $3 million deals at CIIE

KAMPALA, UGANDA | Xinhua | Ugandan coffee exporters have secured deals worth 3 million U.S. dollars at the recently concluded China International Import Expo (CIIE) in Shanghai, Uganda’s Ministry of Agriculture, Animal Industry and Fisheries said in a statement. Uganda’s top coffee exporters, such as Meg Rai Coffee, Kwezi Coffee, …

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MTN Uganda increases dividend payout to Shs235billion

The company expects continued double-digit growth in service revenue, supported by rising smartphone adoption, fintech expansion, and a favourable economic environment Kampala, Uganda | THE INDEPENDENT |  MTN Uganda Ltd has announced a second interim dividend of Shs 10.5 per share, representing a 40 percent increase from the previous payout. The …

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AfDB grants Uganda €217 million for cross-border road project

Kampala, Uganda | Agencies | Africa’s multi-lateral lender, African Development Bank (AfDB) has approved an additional €217.37 million ($250.78 million) in financing to the Ugandan government for the completion of the Busega–Mpigi and Kagitumba–Kayonza–Rusumo Roads Project, a critical transport corridor linking Uganda and Rwanda. The new funding is expected to ease …

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