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 …
Read More »Bumper food harvests in 2017
So why might there be hunger tomorrow? Kampala, Uganda | RONALD MUSOKE | On April 14, this year, Betty Atyeno, a 30 year old pregnant mother from Atali village in Abako Sub-County, in the northern Uganda district of Alebtong lost her grip – up a mango tree. She plunged metres …
Read More »YEAR ENDER REVIEW: Ingrid a spoiler as FDC misses EALA seat, again
YEAR IN REVIEW: February 2017 Kampala, Uganda | THE INDEPENDENT | For the second time in two cycles, Uganda’s biggest opposition party, the Forum for Democratic Change (FDC), missed out on having a slot among the team of nine to represent Uganda in the East African Legislative Assembly (EALA). And, once …
Read More »YEAR ENDER REVIEW: Doris Akol and the `Presidential Handshake
January Kampala, Uganda | THE INDEPENDENT | January is known as a ‘dry month’ both literally and figuratively, therefore when news broke of a shady bonus payment to government officials, there was a sustained ire and condemnation from the public. The intense backlash set the pace for a year dominated by …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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, …
Read More »Flydubai unveils flights out of Kilimanjaro International Airport
Kampala, Uganda | THE INDEPENDENT | Dubai-based carrier, Flydubai, has unveiled flights out of Kilimanjaro International Airport in Tanzania, expanding its network in Africa to 12 destinations. The carrier will offer six flights a week to Kilimanjaro, three of which are via a stop in the capital, Dar es Salaam bringing …
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