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In The Magazine

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YEAR REVIEW: 2017 winners & losers

Kampala, Uganda | THE INDEPENDENT | winners & losers of 2017 Winners UN refugees June 22- Uganda hosted a UN-backed Refugee Solidarity Summit attended by world leaders; including UN Secretary General Antonio Gueterres. The UN boss lauded Uganda’s open door refugee policy as exemplary. Up to US$358million (Approx.Shs1.3 trillion) was raised …

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YEAR ENDER REVIEW: Museveni move on the Muhoozis

YEAR IN REAVIEW: January, 2017 Kampala, Uganda | THE INDEPENDENT | Jan 9: President Yoweri Museveni restructured command of the army; naming Maj. Gen. David Muhoozi to the top job of Chief of Defence Forces (CDF) with Maj. Gen. Wilson Mbadi as the Deputy CDF. But the real attention was on …

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Bad outlook for Ugandan banks

Low private sector lending, decline in interest rates to take toll on the bank’s profitability for the year ending Dec 2017 Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks seem to be laying down new strategies as the industry anticipates to record subdued earnings in 2016 owed to low private …

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Centenary Bank signs deal with WorldRemit

Kampala, Uganda | THE INDEPENDENT | Ugandans living abroad can now send money home to their families and friends through Centenary Bank accounts countrywide following a partnership with the digital money transfer firm, WorldRemit. Fabian Kasi, the managing director of Centenary Bank said the new partnership re-affirms the lender’s commitment to …

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Dfcu rewards investment clubs

Kampala, Uganda | THE INDEPENDENT | On Dec.14, dfcu Bank in partnership with Price Waterhouse Coopers (PwC) and NTV Uganda rewarded Geneber Outspan Organic Farmers with Shs 25million after emerging as the overall winner of the nationwide campaign targeted at driving a savings and investment culture in Uganda. The campaign, which …

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Sanlam General Uganda appoints new executives

Kampala, Uganda | ISAAC KHISA | Sanlam General Insurance Uganda has appointed two senior executives in an ongoing re-organisation of the firm’s management following the US$6.5 million acquisition of Lion Assurance Company (LAC) and rebranding last month. Ambrose Kibuuka has been appointed as General Manager, Commercial Business Division and Donato Laboke, …

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