Kampala, Uganda | THE INDEPENDENT | Airtel Uganda Ltd, the mobile telecommunications company, has closed its public offer of shares with a subscription rate of 54.45 percent. Trading of shares on the Uganda Securities Exchange (USE) started today at 9.30 am. It will be the 11th local listed company on the …
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Kampala , Uganda | THE INDEPENDENT | Police is investigating a shooting and robbery incident at the weekend involving a Chinese man. In a late bid to save money stolen from him, a Chinese national opened fire indiscriminately on a Kampala road, forcing people to scamper to safety. Lee Shao resorted …
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Kampala, Uganda | THE INDEPENDENT | Panyu Chu Kong (PCK) Steel Pipe Co., Ltd, the company contracted to supply line pipes to the S$4bn East Africa Crude Oil pipeline (EACOP) has said the first batch of 100 kilometres of pipes is completed and in the process of being delivered to the …
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EU has recently supported the Directorate of Geological Survey and Mines (DGSM) with over Shs3 billion to conduct evaluations of iron ore prospects in Southwestern Uganda Kampala, Uganda | JULIUS BUSINGE | Stakeholders in Uganda’s mining sector have called on the government to make substantial investments in determining the quantities of …
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✳Diesel I. Middlemen’s price – $118 II. Price from bulk suppliers or Refiners -$83 ✳ Petrol I. Middlemen’s price -$97.5 II. Bulk suppliers or Refiners’ price- $61.5 ✳ Kerosene: I. Middlemen’s price – $114 II. Bulk suppliers or Refiners’ price – $79 Entebbe, Uganda | THE INDEPENDENT | President Yoweri …
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Despite being home to 65% of the world’s remaining uncultivated arable land, Africa still imports most of its food Kampala, Uganda | RONALD MUSOKE | Africa’s food and agribusiness industry is set to reach US$1 trillion mark by 2030, Dr. Akinwumi Adesina, the President of the African Development Bank (AfDB) told …
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Kampala, Uganda | THE INDEPENDENT | Stanbic Uganda Holdings Limited scooped the Gold Accolade for the Integrated Report of the Year award at the 2023 Financial Reporting Awards held in Kampala on Nov.1. National Social Security Fund won Silver while PostBank went home with Bronze. Organised by the Institute of Certified …
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The company’s key drivers for growth included surge in customer base, data and fintech services Kampala, Uganda | THE INDEPENDENT | MTN, Uganda’s biggest mobile phone operator by market value, has reported a 21.1% rise in its third-quarter profit after tax, buoyed by an increasing customer base and heightened demand for …
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Kampala, Uganda | THE INDEPENDENT | For the second consecutive year, all three Uganda Waragi brands – Premium, Pineapple and Coconut – have won Gold Awards in the prestigious 2023 Monde Selection International Quality Awards. This brings the overall number of quality awards won by the brand to …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has warned government agencies in charge of taxation from imposing direct taxes on large scale manufacturers. This, Museveni said, discourages investment. Speaking at Hariss International, the producers of Riham products, at their factory in Kawempe, Museveni said he doesn’t want …
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