In tough times like the world is experiencing today characterized by a pandemic, experts are calling on managers of companies and other entities to undertake well planned business models but also support the people they work with to achieve success. | THE INDEPENDENT | This is one idea to kept …
Read More »
Profitability included Shs71bn from foreign exchange gains on Isimba loans Kampala, Uganda | THE INDEPENDENT | “We yet congratulate ourselves upon the completion of another financial year in which despite the continued Covid-19 disruptions, we were able to make headway as a company,” Eng. Harrison Mutikanga said in his statement …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Uganda Development Bank Ltd (UDBL), the country’s national Development Finance Institution, has today announced exclusive offers aimed at addressing the growth of the key sectors of youth, women and SMEs. In addition to credit offerings to these segments, UDB will introduce a Business Accelerator …
Read More »
It plans to integrate climate change related risks in analysing micro and macro-economic conditions Kampala, Uganda | ISAAC KHISA | Uganda’s central bank will soon rollout guidelines for green financing to support small and medium and enterprises as the country strives to achieve sustainable development. Hannington Wasswa, the director commercial …
Read More »
The telco raised Shs535.9bn in undersubscribed IPO Kampala, Uganda | THE INDEPENDENT | The South African telecom subsidiary in Uganda, MTN, began a new journey on Dec.06, with the listing on the Uganda Securities Exchange, and the share price surging past the IPO price during the first week of trading. …
Read More »
Dubai, UAE | THE INDEPENDENT | The Speaker of Parliament, Jacob Oulanyah has proposed action that deliberately aims to ensure government meaningfully supports the Ugandan diaspora. There ought to be a mechanism through which the diaspora is incorporated in the government structure, for streamlined financial support, he said. Oulanyah …
Read More »
Nairobi, Kenya | Xinhua | Kenya Railways (KR) has added the number of coaches on the standard gauge railway passenger train as demand for the popular service doubles ahead of the holiday season. The KR said in a notice on Friday that the additional coaches would cater for the increased …
Read More »
Kampala, Uganda | THE INDEPENDENT | Richard Byarugaba, the Managing Director of National Social Security Fund (NSSF) says the fund will have to set aside Sh1 trillion if the President assents to the NSSF (Amendment) Bill, 2021. Parliament passed the Bill last month. Among the key provisions in the …
Read More »
Kampala, Uganda | THE INDEPENDENT | The relocation of street vendors to gazetted market places will start next week, Kabuye Ky’ofatogabye, the State Minister for Kampala and Metropolitan Affairs has said. Speaking at the celebrations to mark 20 years of Kampala City Traders Association (KACITA), Kabuye said that the government …
Read More »
Mbarara, Uganda | THE INDEPENDENT | The National Drug Authority-NDA has closed 178 drug outlets in Western Uganda. The outlets were closed in an operation that started on December 1, 2021 and ended on December 10, 2021, covering 19 districts of Ntoroko, Bundibugyo, Bunyangabo,Kabarole,Mubende, Kyenjojo, Kyegegwa, Kagadi, Kakumiro, Mityana, Kasanda, Hoima, …
Read More »
The Independent Uganda: You get the Truth we Pay the Price