The lender has also recorded a surge in operational expenses during the same period under review Kampala, Uganda | ISAAC KHISA | Regional lender, Equity Group Holdings, has recorded a huge surge in profits amidst the multi-faceted Covid-19 pandemic crisis of health, economic disruption and humanitarian challenges. Latest financial results …
Read More »Uganda airlines kicks off 4 weekly flights to Johannesburg
A cross section of Ugandans who reside in or usually travel to South Africa are excited about Uganda Airlines flying direct to and from Johannesburg, South Africa Kampala, Uganda | THE INDEPENDENT | Uganda Airlines has commenced the Entebbe-Johannesburg flights today, May 31. The airline will operate four flights a week. …
Read More »Thousands in spend weekend in custody in Kampala over flouting curfew
Kampala, Uganda | THE INDEPENDENT | At least 2124 people spent their weekend in various police cells after they were arrested for flouting curfew time rules. Police Spokesperson, Fred Enanga, said joint security operations arrested people on roads driving or riding past curfew time, which is 9pm to 5am, …
Read More »NEW CITIES: Government moves to further amend Local Government Act
Masaka, Uganda | THE INDEPENDENT | The Local Government Ministry is considering further amendments to the local government Act to introduce provisions too specific to the management of the newly created cities. In July last year, the government started operationalizing seven new cities including Hoima, Mbarara, Mbale, Gulu, Jinja, Masaka …
Read More »Captain fully responsible for grounding of Ever Given in Suez Canal
Ismailia, Egypt | XINHUA | Egypt’s Suez Canal Authority (SCA) announced on Sunday the captain of Ever Given was fully responsible for the grounding of the huge cargo vessel that blocked the canal for six days in March. “It is due to the captain’s repeated orders in a very …
Read More »Jinja train accident paralyses traffic in city
Jinja, Uganda | THE INDEPENDENT | Traffic was paralysed along Engineer Zhikusoka road on Sunday night in Jinja city following a collision involving a train registration number 73U 33 and cargo truck registration UAR 728E. The accident occurred at the railway crossing line blocking vehicles from crossing from either side. …
Read More »Cement truck reduced to ashes, one dead in Ngora
Soroti, Uganda | THE INDEPENDENT | A cement truck has burst into flames, claiming the life of one person and injuring several others along Soroti- Mbale Road. The fires is said to have been caused after an accident involving a trailer UAU 9995Y carrying cement and a Bajaj motorcycle UEA …
Read More »Private sector calls for National Startup Policy
Uganda is ranked one of the most entrepreneurial countries in the world, according to the Global Entrepreneurship Monitor Kampala, Uganda | THE INDEPENDENT | Private sector players have asked government to expedite the formulation and implementation of a National Startup Policy in order to address major impediments to the growth of …
Read More »How Stanbic bank is enhancing financial inclusion or penetration of financial services
COMMENT | Emma Mugisha | Promoting financial inclusion is fundamental to achieving sustainable economic growth across Uganda. Put simply, financial inclusion means ensuring access to bank accounts for everyone who needs one. One of Stanbic Bank’s major roles is to ensure that we help drive this inclusion all the way …
Read More »Uganda, DRC to sign major roads construction deal today
Entebbe, Uganda | THE INDEPENDENT | DRC Deputy Prime Minister Christophe Lutundula Apala is expected in Uganda today to sign a key inter-governmental agreement on infrastructure. The deal will see Uganda partner with DRC to work on close to 220km of key roads in key eastern DRC towns. One key …
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