The partnership will enable customers borrow mobile loans for as low as Shs300 and earn interest on savings for as high 9%, respectively Kampala, Uganda | ISAAC KHISA | Telecom operator, Airtel Uganda, has appointed KCB Uganda as a trust account holder for its mobile financial services Airtel Money in …
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French multinational, Rubis Energie plans to invest up to US$25million in rebranding of newly acquired Kenol Kobil and delta fuel stations countrywide. The money will be invested over a three to four years period based on demand for their products. Kampala, Uganda | ISAAC KHISA | “… we will continue …
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Stanbic Bank top executives tell shareholders as it rolls out offerings for women, targets oil and gas opportunities Kampala, Uganda | JULIUS BUSINGE | Whereas many businesses reported reduced earnings for the year 2020, others like Stanbic Bank Uganda Ltd, have assured their shareholders that they will earn their profits …
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➡ Budget 2021/22 shs44.7 trillion ➡ domestic revenue 76.7% ➡ external revenue 23.3% ➡Domestic revenue, Shs.22,425 bn. ➡Domestic borrowing,Shs.2,943 bn ➡Petroleum Fund, Shs.200 bn. ➡Budget support, Shs.3,583 bn. ➡External financing for projects,Shs.6,868 bn. ➡Appropriation in Aid,Shs.212.4 bn. ➡Domestic debt refinancing,Shs 8,547bn. Kampala, Uganda | THE INDEPENDENT & PARLIMENT MEDIA | …
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Cost of sending money to Uganda remains high at 8.7%, double the (SDG) target Kampala, Uganda | RONALD MUSOKE | The COVID-19 pandemic that has ravaged the world over the last 18 months has cut by 26% the amount of money Ugandan migrant workers sent back home over the same …
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The sector is showing signs of recovery as tourists starts to arrive in the country amid the pandemic Kampala, Uganda | ISAAC KHISA | Uganda’s foreign exchange earnings from tourists’ arrivals fell 72.7% to US$440 million in 2020 highlighting the adverse effects of coronavirus pandemic on the country’s tourism …
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Tororo, Uganda | THE INDEPENDENT | Because of new travel restrictions imposed to contain COVID-19, the second and last Tororo Broadcasting Network (TBN) fundraising drive will be held virtually on Saturday 12/06/2021. Set for the Kwar Adhola’s Palace in Tororo, the fundraising drive that starts 2.00pm was originally set to be …
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Kampala, Uganda | THE INDEPENDENT | Government has lifted the curfew to enable buses and taxi to travel late and ferry stranded students from Kampala. Additional transport means are now also being considered, Permanent Secretary Ministry of Health Diana Atwine has announced. Hundreds of people are still stuck in various …
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Kampala, Uganda | THE INDEPENDENT | Long-distance bus fares have doubled as people flock the bus stations to travel upcountry. This follows the Sunday night announcement by President Yoweri Museveni, of new COVID-19 containment measures. The president said passenger transport between or through districts would be banned starting June 10 – …
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Tororo, Uganda | THE INDEPENDENT | The Tororo district COVID-19 Taskforce has closed over 20 shops in Tororo town for flouting the Standard Operating Procedures-SOPs meant to contain the spread of COVID-19. The district task force closed the shops on Monday afternoon in an operation to crack down on businesses flouting …
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The Independent Uganda: You get the Truth we Pay the Price