The airline’s shares will stay off the NSE for another 12 months as the airline restructures ahead of a potential sale Kampala, Uganda | Leo Komminoth | Kenya Airways shares have been suspended from trading for an additional year from 5 January, according to a statement from the Nairobi Stock Exchange. The …
Read More »Insurance sector regulator outlines 2023 priorities
Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority of Uganda Chief Executive Officer Kaddunabbi Ibrahim Lubega anticipates a good year for the insurance sector supported by improved economic performance in all sectors. Speaking at the CEO breakfast meeting held in Kampala at the end of last year, Kaddunabbi said, …
Read More »Stanbic unveils 2023 financial relief packages
Kampala, Uganda | THE INDEPENDENT | As the economy continues to grapple with high inflationary pressures and challenges related to global economic and political turmoil, financial sector players are unveiling plans for customers to remain afloat hoping that the situation will normalize. On January 12, Stanbic Bank unveiled ‘a financial relief …
Read More »Government to close Uganda’s consulate in Dubai
Kampala, Uganda | THE INDEPENDENT | Ministry of Foreign Affairs disclosed to legislators sitting in the Foreign Affairs Committee of Parliament that they may have to close the Ugandan consulate in Dubai and replace it with a liaison office. The officials led by the state minister for Regional Affairs John Mulimba …
Read More »Pearl of Africa Tourism Expo postponed
Kampala, Uganda | THE INDEPENDENT | The Pearl of Africa Tourism Expo which was scheduled to be held next month was extended by a month, organisers said. This year’s expo was set to be held February 8 – 11 but has now been postponed to April 26 – 28, 2023 and …
Read More »Offensive communication is no longer an offence, court rules
Kampala, Uganda | THE INDEPENDENT | The Constitutional ,in Kampala on Tuesday ruled that Section 25 of the Computer Misuse Act, 2011 which speaks about offensive communication contravenes the constitution and is therefore outlawed. In 2016, two people including lawyers Andrew Karamagi and Robert Shaka went to court to challenge that …
Read More »President Museveni receives climate mobility champion leader award
Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni on Monday received his award for outstanding leadership and commitment towards protecting and conserving the environment. In November last year, the President was awarded the Climate Mobility Champion Leader Award at the two-two-week-long mate change convention in Sharm El-Sheikh in Egypt. …
Read More »Petroleum Authority predicts further reduction in fuel prices
Kampala, Uganda | THE INDEPENDENT | The Petroleum Authority of Uganda is predicting a further fall in fuel prices in Uganda on the back of increasing supply chains and frugal monetary policies by the Central Bank. By press time, a litre of petrol was going for an average of Shs5,120 and …
Read More »Government must urgently address road accidents
Since responsibility to ensure safety of road users is on the government, victims action against it can succeed COMMENT | Michael Aboneka | Road accidents are on the rise like never before and it is important for us to interrogate the major causes. This is not the first time we are raising …
Read More »Andrew Muleledhu appointed CoRSU CEO
Kampala, Uganda | THE INDEPENDENT | Dr. Andrew Muleledhu Lukanda has been appointed as the CoRSU CEO effective Dec.01. Dr. Lukanda has a wealth of experience in Clinical and Health Organization with over 16 years of experience. Prior to his appointment, he served as the Deputy Medical Director, Mengo Hospital in Uganda. He has been instrumental …
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