Business

  Mbale, Uganda | THE INDEPENDNET |   KCB Bank Uganda has in honor of the Neuro-surgery Week, commenced its annual CSR drive, with a donation of Sh7 million to Cure Hospital in Mbale district.The donation will facilitate surgical operations for vulnerable children with life threatening conditions that include; Hydrocephalus, spinal …

The company will soon welcome two new minority investors – The Rise Fund and Mastercard – in its mobile money business Kampala, Uganda | ISAAC KHISA | India’s Bharti Airtel operations in East African shrugged off the effects of coronavirus pandemic to record a 15% surge in revenue to US$1.38bn …

Many say, the planned expenditure may not boost service delivery Kampala, Uganda | JULIUS BUSINGE | Uganda’s newly proposed budget may not efficiently deliver services to the citizens, according to the Civil Society Organisations that do work on the budget. The first weakness was pointed out by Julius Mukunda, the …

Its comprehensive income declined during the one year coronavirus pandemic crisis, executives say Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund size grew by 16% from Shs12.66trillion in March 2020 to Shs14.62trillion in March 2021 amidst the coronavirus pandemic. The Fund’s Managing Director, Richard Byarugaba, and Chief …

Kampala, Uganda | THE INDEPENDENT |  Kampala Capital City Authority- KCCA is reviewing stages for taxis to operate in the newly renovated Old Taxi Park. Last week, KCCA released a route chart to be followed by taxi operators who were scheduled to return to the Old Taxi Park on on …

Changsha, China | XINHUA | Chinese scientist Yuan Longping, renowned for developing the first hybrid rice strain that relieved countless people of hunger, died of organ failure at 91 on Saturday. The top rice scientist passed away in a hospital in Changsha, capital of Hunan Province, at about 1 p.m., …

Dar es Salaam, Tanzania | THE INDEPENDENT & XINHUA |  Ugandan President Yoweri Museveni on Thursday said oil revenues must be invested in avenues that create jobs and wealth. The Ugandan president said since oil is an exhaustible resource, revenues from it should be used to build the infinite resources in …

Masaka, Uganda | THE INDEPENDENT |  The Police and Umeme enforcement teams in Masaka City on Thursday spent the better part of the day in running battles with residents over illegal power connections. The operation dubbed “Komboa” begun from Nyendo Township, a suburb in Masaka city. It was characterized by scenes …

Hoima, Uganda | THE INDEPENDENT |  As the long-awaited Host Government Agreement (HGA) was being signed between Uganda’s President Yoweri Museveni, Tanzania’s Samia Suluhu  and TOTAL in Dar es Salaam today, the French oil company commenced work on its Tilenga Industrial Area in Kasenyi, Buliisa District. It is here that TOTAL will build its …

Kampala, Uganda | THE INDEPENDENT |  Tanzania today signed an agreement to host the East African Crude Oil Pipeline with its lead investor Total.    The signing of the long-awaited Host Government Agreement(HGA) on Thursday was witnessed by President Yoweri Museveni and Samia Suluhu Hassan in Dar es Salaam.    The …