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In The Magazine

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Could 2018 be Uganda’s healthiest year?

A look at incidence of hemorrhagic fevers, typhoid, HIV/AIDS, malaria Kampala, Uganda | FLAVIA NASSAKA | As 2018 ended, the Minister of Health Dr. Jane Ruth Aceng, was on Dec.05 in Goma city in the neighboring DR Congo on invitation from her counterpart; Minister Sem Llunga. Llunga must have noticed that …

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Shoprite opens first outlet in Kenya

Kampala, Uganda | THE INDEPENDENT | South African retailer, Shoprite, has taken over space which was vacated by Nakumatt supermarkets at Westgate Mall in Nairobi, becoming the anchor tenant at the shopping complex. Kenya’s Business Daily reported on Nov. 14 that Shoprite store located at the mall’s ground floor will be …

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Uber unveils phone service to users

Kampala, Uganda | THE INDEPENDENT | Taxi hailing company Uber has introduced a 24-hour telephone support service on its app owed to increased demand. Previously, they had to rely on the US firm’s in-app messaging service for assistance or were forced to visit the Uber website for help. “Our new 24/7 …

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Dfcu gets US$30m for SME

Kampala, Uganda | JULIUS BUSINGE | French Development Finance Institution, Proparco has arranged a US$30m senior debt facility to support dfcu bank in bridging the long-term financing gap for small businesses. Proparco extended financing of US$15m alongside US$15m from FMO (the Dutch Development Bank) to dfcu. The facility is primarily earmarked …

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Fall of the legends  

From Uganda’s celebrated bankers to 2018 bummers Kampala, Uganda | HAGGAI MATSIKO | In 1991, some of the most powerful people in business and public office In Uganda from western Uganda jointly opened a bank. They called it the Kigezi Bank of Commerce with a commence capitalization of US$20 million. They …

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THIS WEEK: Musisi bids farewell

THIS WEEK: Musisi bids farewell Kampala, Uganda | THE INDEPENDENT | Outgoing Executive Director Kampala City Council Authority (KCCA), Jennifer Musisi handed over office on Friday a day before Dec.15 a day she had set as her last day in that position when she tendered in her resignation in October. Minister …

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