Kampala, Uganda | HONOR WHITEMAN | High blood pressure, or hypertension, is a major risk factor for heart disease, a leading cause of death. A new study has found that two classes of medication that are commonly used to lower blood pressure could present a death risk all on their …
Read More »Pope Paul VI: 1963-1978
Reformist pope Paul VI will soon be a saint Kampala, Uganda | AGENCIES | Pope Paul VI, who oversaw the sweeping “Vatican II” reforms of the Catholic Church in the 1960s, will soon be made a saint, the Vatican announced on March 07. Pope Francis signed decrees on March 06 giving …
Read More »Rwanda goes for electric trains to Dar
Kampala, Uganda | INDEPENDENT TEAM & AGENCIES | Rwanda and Tanzania have agreed to review the design of Isaka-Kigali standard gauge railway. They have dropped the proposed use of diesel engines in favour of electric locomotives. The line is proposed to link the Tanzanian port of Dar-es-Salaam and Kigali; a stretch of …
Read More »Uganda’s tourism revenue figures
Separating fact from fiction Kampala, Uganda | RONALD MUSOKE | According to official figures, tourism contributed up to US$1.35 billion into Uganda’s export basket in 2016, and was the single highest foreign exchange earner; contributing 23.5% of total exports. Based on those figures, the tourism lobby; which has advocates on …
Read More »Equity Bank eyes refugee clientele
Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda in partnership with the United Nations Capital Development Fund has intensified its drive for financial inclusion in Uganda by unveiling a new program called Mobile Money for the Poor (MM4P) that will ride on agency banking targeting refugees. The two partners recently …
Read More »Students excel in NBL’s Shs 1.8bn scholarship
Kampala, Uganda | THE INDEPENDENT | Beer Maker, Nile Breweries Limited has announced the exceptional performance of the 2017 Equality Scholarship candidates. The beneficiaries that completed their O and A level examinations are set to join S5 and university respectively under the Shs1.8 billion scholarship programme called Equality Scholarship. “Central to …
Read More »Who wins in the proposed NSSF reforms?
Critics say shelving the proposed pension liberalization bill exposes the Shs 9 trillion fund to political and corporate governance risks Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund finally won the battle to retain its status as a mandatory scheme for all employees in informal and formal …
Read More »More than 300 graduate with accounting courses
Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda (ICPA-U) on March 09 graduated308 in various courses including Accounting Technicians (AT-U) and Certified Tax Advisor (CTA). ICPAU President, Protazio Begumisa (CPA)said during the graduation ceremony held at the Imperial Royale Hotel that the Institute maintains …
Read More »Listed firms told to increase women on their boards
Kampala, Uganda | THE INDEPENDENT | Uganda’s listed firms need to increase women on their boards to enhance inclusivity, according the Capital Markets Authority CEO Keith Kalyegira. Kelyegira, who spoke during this year’s International Women’s Day at the Uganda Securities Exchange under the theme ‘Women’s Role in Finance and Investment’ on …
Read More »MTN Uganda rebounds with Sh1.68 trillion revenue
Government move to stop telcos from selling SIM cards through agents could hurt the company’s revenue going forward Kampala, Uganda | ISAAC KHISA | MTN’s subsidiary in Uganda has recorded a surge in revenue for the year ended December 2017 amidst a sharp fall in subscriber base. The full year performance results …
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