Net operating cash flow increased by 18% to Shs221 billion supported by cash collections, operating profits, optimised working capital, and financing costs during the period Kampala, Uganda | THE INDEPENDENT | Electricity distributor, Umeme has reported a 20% increase in revenue to Shs1tn for the six months of the year ending …
Read More »Prudential supports Mulago Hospital
Kampala, Uganda | THE INDEPENDENT | Prudential Uganda announced a $30,000 donation to Mulago National Referral Hospital of essential medical supplies such as safety boxes for syringes, heavy-duty aprons, and sterile and examination gloves. The donation, which is part of the Prudential Post COVID Recovery Funds initiative, is a significant step …
Read More »BRICS invites six new members, including Egypt
Other major African players, such as Nigeria and Ghana, have expressed informal interest ANALYSIS | RUXANDRA LORDACHE | The BRICS economic coalition of emerging markets has extended membership invitations to six nations. The BRICS alliance which is composed of Brazil, Russia, India, China and South Africa is set to invite …
Read More »Election Violence: Diagnosis and prescription in Africa
Continent needs a civically enlightened citizenry and an independent and credible state institutions that are committed to protect and honour the franchise of citizens ANALYSIS | CRISPIN KAHERU | Violence has become a dominant reality in most of the recent elections. Common narratives around it conjure more lamentations than actual strategies …
Read More »NSSF new MD promises to grow assets to Shs 50tn by 2035
The Fund targets to increase contributors from the current 10% to 50% of the country’s workforce during the same period Kampala, Uganda | JULIUS BUSINGE | National Social Security Fund hopes to increase its assets from the current Shs 18.4 trillion to Shs 50 trillion by 2035, according to the Fund’s …
Read More »Commonwealth in new roadmap to fast-track gender equality
Campaign will target men addressing violence against women Kampala, Uganda | RONALD MUSOKE | The Commonwealth, the organization that brings together independent states most of which are former British colonies and protectorates, has announced a new roadmap to scale up efforts to achieve gender equality and empowerment of women and girls …
Read More »Environmental activists turn up the heat on China at BRICS Summit
Climate justice activists protest China’s interests in fossil fuel projects in Africa Kampala, Uganda | RONALD MUSOKE | On Aug.22, the BRICS bloc of nations (Brazil, Russia, China, India and South Africa) began its 15th Summit in Johannesburg, South Africa, to among other issues discuss possible expansion of the group to …
Read More »URA surpass FY2022/23 revenue target
The target for revenue collection in the fiscal year 2023/24 has been set at Shs29trillion Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has reported Shs57bn as surplus revenue collected for the FY2022/2023, registering a big achievement given the recent years’ mixed performance that was dented by COVID-19 lockdowns and …
Read More »CNOOC holds medical camp
Kampala, Uganda | THE INDEPENDENT | On Aug.22 CNOOC Uganda Limited organised a free medical camp in the Kingfisher Project Area, situated in Buhuka Flats of Kikuube District. The event, themed “Better Health, Better Tomorrow” is a demonstration of CNOOC Uganda Limited’s dedication to improving healthcare access and promoting a healthier …
Read More »Uganda Airlines launches mobile app to ease customer service
Kampala, Uganda | THE INDEPENDENT | Uganda Airlines has recently launched the Uganda Airlines Mobile App, which allows travelers to conveniently access the airline’s services. The launch, which took place on August in Kampala was an important milestone in the airline’s drive to improve its services and ensure a convenient and …
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