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The Independent

I&M bank financing Challenger Uganda’s expansion

Kampala, Uganda | THE INDEPENDENT | Challenger Uganda Limited has attributed its steady growth in the construction industry to flexible financial support from I&M Bank, which the company says has enabled it to meet cash flow needs and expand operations over the past two decades. Founded in 2002 with capital …

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TotalEnergies unveils Tilenga social impact report

Kampala, Uganda | THE INDEPENDENT | On Sept.16, TotalEnergies EP Uganda (TEPU), in collaboration with the Petroleum Authority of Uganda, held the inaugural Tilenga Social Performance Forum at the Sheraton Kampala Hotel under the theme “Catalysing Sustainable Development: Sharing Value and Creating Impact.” The forum provided a strategic platform for …

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APA Insurance, Hollard launch new health insurance solution

Kampala, Uganda | THE INDEPENDENT | APA Insurance Uganda, in partnership with Hollard Health, has introduced a new international health insurance solution, APA International Health, offering coverage worth up to Shs36 billion. The launch of APA International Health is expected to give a significant boost to Uganda’s insurance sector, which …

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Chinese firms contribute to community development through CSR initiatives

KAMPALA, UGANDA | Xinhua | Ugandan Third Deputy Prime Minister and Minister without Portfolio Rukia Nakadama said on Wednesday that Chinese enterprises are strengthening communities in the East African country through their corporate social responsibility (CSR) initiatives. Nakadama made the remarks at the launch of the Chinese Enterprises in Uganda …

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Why China-proposed Global Governance Initiative comes at the right time

BEIJING, CHINA | Xinhua | China’s newly proposed Global Governance Initiative (GGI) has captured growing attention in recent weeks, with observers hailing it as Beijing’s latest and timely response to pressing global challenges and a call for building a fairer and more inclusive international system. First unveiled at the Shanghai …

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China rises to world’s second place in new drug development

BEIJING, CHINA | Xinhua | China has risen to the world’s second place in terms of new drug development, with domestic drugs under research accounting for over a fifth of the global total, a health official said on Thursday. In recent years, a series of innovative medicines developed by China …

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What’s behind latest shift of France’s government?

PARIS, FRANCE | Xinhua | President Emmanuel Macron on Tuesday named former Defense Minister Sebastien Lecornu as the new head of government, one day after Francois Bayrou’s cabinet lost a confidence vote in the National Assembly. Lecornu, 39 years old, became the fifth prime minister during Macron’s second term, which …

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Israel attack in Qatar may open perilous chapter in Gaza conflict

UNITED NATIONS | Xinhua | The Israeli attack on Qatar potentially opens a new and perilous chapter in the Gaza conflict, seriously threatening regional peace and stability, warned UN Under-Secretary-General for Political and Peacebuilding Affairs Rosemary DiCarlo on Thursday. Israeli airstrikes in Doha, Qatar, on Tuesday shocked the world. It …

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