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UEDCL records a 10.5% surge in revenue to Shs88bn

The company faces numerous challenges such as limited funding,long distances of distribution networks and high energy losses Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Distribution Company Limited has recorded a 10.5% surge in revenue to Shs88.5bn for the year ended June 2023. The company executives revealed during the Annual …

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Innovation to boost insurance penetration

Kampala, Uganda | THE INDEPENDENT | The insurance industry has attributed the recent high growth rates in business to the innovation trends, that have seen delivery of services to the public become easier. The business value, measured by the value of the Gross Underwritten Premiums (the money that the public gives …

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Cipla Quality Chemical Industries changes name

Kampala, Uganda | THE INDEPENDENT | On Feb.22, in a notice, Emmanuel Katongole, the Chairman and Co-Founder Quality Chemical Industries Limited announced the changes saying the announcement is made pursuant to Rule 36(2) of the Uganda Securities Exchange Listing Rules 2021. “Quality Chemical Industries Limited wishes to notify its shareholders and …

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Leaders meet in Nairobi, discuss a Global Plastics Treaty

Nairobi, Kenya | THE INDEPENDENT | The sixth session of the United Nations Environment Assembly (UNEA-6) has opened in Nairobi Kenya to discuss a global treaty to ban plastics around the world. UNEA is the world’s top decision-making body on the environment. It aims to help restore harmony between humanity and nature, improving …

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