Business

But the telco recorded 5.8 % growth in net income to Shs 340.4 billion Kampala, Uganda | ISAAC KHISA | Uganda’s biggest telecom firm, MTN Uganda, said a one-off payment for interim operating license and contract termination of a service provider saw its full year income reduce by Shs 62.3 …

Kampala, Uganda | THE INDEPENDENT | Rotaractors have been applauded for promoting development across the country through community service. Radiant, a beauty brand, has at celebration of 54 years of services to communities by the Rotaract clubs of Tanzania and Uganda under Rotaract District 9214, recognized the role of Rotaractors. …

Over 16 sectors have by law been ring-fenced for local companies. Transport, security, foods, beverages, hotel management and catering, human resource management, office supplies, fuel supplies, land surveying, clearing and forwarding, locally available construction materials and civil works COMMENT | ABDUL KIBUUKA | Sixteen years since commercially viable oil deposits …

Moscow, Russia | Xinhua | Near half of Russia’s roughly 640 billion U.S. dollars of gold and foreign currency reserves has been frozen, Russian Finance Minister Anton Siluanov said Sunday. Siluanov said on a Russian TV program that Russia will pay roubles to its debt holders. He said that the …

Kampala, Uganda | THE INDEPENDENT | The examination of body samples removed from the corpse of Milly Namazzi has revealed that all the internal organs were intact. Namazzi left Uganda for a domestic job in Saudi Arabia in 2019. She was expected to return home after the expiry of her …

Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has ordered Mohinder Singh Channa, the Director of Coronation Developers Uganda Limited to pay sh320 Million to retired Judge Anup Singh Choudry as compensation for demolishing his house. According to the ruling by Justice Musa Ssekaana, Channa breached the …

SPECIAL FEATURE | Gorilla mania is not a recent phenomena as you might think. A long succession of fascinating people have been caught in the spell of the mountain gorillas. The first scientist to study gorillas in the wild was Carl Akeley of American Museum of natural history. He journeyed to …

Kampala, Uganda | THE INDEPENDENT | Makerere University has signed a Memorandum of Understanding (MOU) with Stanbic Bank Uganda to enable staff and students to acquire laptops on a hire purchase basis. This comes at a time when Makerere University is preparing to open fully for all students next week, …

Kampala, Uganda | THE INDEPENDENT | The Criminal Investigations Directorate (CID) is hunting for a one Gurjinder Singh for allegedly defrauding manufacturers and distributors of pharmaceuticals in Uganda of more than sh20 billion.  Gurjinder, who holds double citizenship, is believed to have fled to India. He has allegedly been procuring …

Moroto, Uganda | THE INDEPENDENT | Traders have resumed supplying food to the Karamoja region. Two weeks ago, the traders stopped supplies of food citing the continuous road ambushes. The traders suspended supplying food after three of their trucks were shot at the same time around Lorengedwat sub-county in Nabilatuk …