Sam Mwogeza is the head, Consumer and High Net Customers at Stanbic Bank Uganda. He spoke to The Independent about the lender’s plan to finance the country’s economic comeback from the pandemic. You have had a successful first half of the year, judging by your Shs 154.9bn net profit. Does …
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The utility company saw its net profit more than double to Shs48.2bn Kampala, Uganda | ISAAC KHISA | Lack of clarity on renewal of Umeme’s operating licence in 2025 is limiting its ability to raise more capital and make capital investments in the electricity distribution network. The utility company, which …
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Future performance will depend on economic recovery speed Kampala, Uganda | ISAAC KHISA | Profits at dfcu bank has increased by 33% in the first half of the year as it benefited from the rebound in the economy and surge in activities. Listed on the Uganda Securities Exchange, the lender …
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Proposal is good for the industry but a headache to investors, small players | THE INDEPENDENT | The central bank’s proposal to raise capital requirements for commercial banks is commendable but could threaten survival of small players, according to industry players and experts. Wilbrod Owor, the executive director at the …
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How the continent can seize the moment and start resetting its relationship with the international financial institution | DANNY BRADLOW | The International Monetary Fund (IMF) has injected $650 billion in Special Drawing Rights into the global economy. It will allocate them among its member states, which can then decide …
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American Intelligence to release report amid overshadowing rivalry with China Kampala, Uganda | RONALD MUSOKE | Seventeen months since the UN World Health Organisation(WHO) declared COVID-19 a global pandemic, the world is waiting anxiously for a U.S Intelligence community report on the origin of the virus. The report is …
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Why Museveni accepted them, and the risks Kampala, Uganda | RONALD MUSOKE | On Aug. 17, Ugandans woke up to the news that the government had agreed to temporarily host about 2,000 Afghan refugees following a request from the U.S government. Until then, many Ugandans had known about the …
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The fallen Deputy Police chief was one of the President’s most trusted lieutenants but he had an improbable task Kampala, Uganda | IAN KATUSIIME | When Maj. Gen. Paul Lokech was appointed Deputy Inspector General of Police, he sought advice from someone close to State House on how to approach …
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The life and work of the former Deputy Inspector General of Police who made a lasting contribution to Uganda THE LAST WORD | ANDREW M. MWENDA | On the morning of Saturday August 21, I was driving to Fort Portal but got a puncture 20km before Mityana. While trying to …
Read More »UN report points at ADF, ISIL, al Qaeda Kampala, Uganda | THE INDEPENDENT | Aug. 26: A suspected suicide bomber identified as Katumba Abdul aka Ben was arrested by military intelligence personnel in Pader Town Council with an assortment of home bomb making materials. These included already assembled bombs, …
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The Independent Uganda: You get the Truth we Pay the Price
