In The Magazine

Stanbic records sharp drop in profits as DFCU’s NPL nearly doubles Kampala, Uganda | ISAAC KHISA | Uganda’s banking industry appears to be heading towards tougher times again, according to the industry executives.This is owed slow private sector credit growth, volatile trading security market and the declining interest rates amidst …

Company managers say recent concession talk not threat to its future  Kampala,Uganda | JULIUS BUSINGE | Uganda’s power distributor, Umeme Limited, has recorded a surprise performance in the year ended December 2017, with the net profit dropping threefold to Shs 35bn compared with the previous year. The less than expected …

Kampala, Uganda | THE INDEPENDENT | Stanley the cat was on the last of his nine lives. Luckily, his owner decided to gift him a tenth, by shelling out $19,000 (Approx.Shs 70 million) for a kidney transplant. Betsy Boyd earns just $46,000 a year, working as a part-time writing professor, and …

Kampala, Uganda | THE INDEPENDENT | Disappointed by the news that Donald Trump had become president of the United States, a former Nike executive decided that ignorance truly is bliss, so he retreated into his pig farm in rural Ohio and completely cut himself off from all news. The last news …

Kampala, Uganda | THE INDEPENDENT | Ordering a cocktail at a bar and then having to go to a pizzeria to get your pie fix sounds exhausting. One Philadelphia restaurant has figured out a way to streamline the tiresome process by combining the two. Scarpetta Philadelphia, an Italian restaurant known for …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda plans to use the next 10 years to focus on expanding its data network and mobile money services, according to its CEO, Wim Vanhelleputte. Vanhelleputte, who spoke shortly after a public hearing on renewal of its operating license at the Uganda Communications Commission …

New York, United States | AFP | Many women commute in flats and change deftly into the pair of heels they’ve carried in their purses the second they get to the office. Former flight attendant and 40-something entrepreneur Melody Avecilla does the same but she now thinks she’s found a comfy …

Kampala, Uganda | THE INDEPENDENT | Over 200,000 customers are expected to win cash worth Shs108 million and other prizes in the ongoing 12- weeks promotion as part of this year’s World Cup taking place in Russia. Dubbed ‘Samba Ne Coca-Cola’, Coca-Cola has partnered with World Cup official broadcaster Multichoice and …

New York, United States | AFP | Russian ships are skulking around underwater communications cables, causing the US and its allies to worry the Kremlin might be taking information warfare to new depths. Is Moscow interested in cutting or tapping the cables? Does it want the West to worry it might? …

Kampala, Uganda | THE INDEPENDENT | A new Trailer Valet RVR robot-tank is making moving trailers easy as maneuvering a radio-controlled car. The RVR may look like one of those RC vehicles you used to play with as a child, but it is actually an incredibly strong vehicle capable of …