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ISRAEL JOBS: Fraudsters fleece Ugandans of sh943 million in scam

Kampala, Uganda | THE INDEPENDENT | The Ministry of Internal Affairs in collaboration with intelligence and investigations agencies have launched a hunt for two fraudsters who have fleeced Ugandans of sh934 million  in an Israel job scam. According to information received at the anti-human trafficking department at the ministry, 43 Ugandans …

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UDB net profit up 17% to Shs50bn in 2023

               Kampala, Uganda | THE INDEPENDENT |  Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution and the Best Bank in East Africa 2024, has today announced its 2023 annual performance, highlighting its continued role in fostering economic resilience and sustainable growth across key sectors of the economy. In …

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EACOP to skill, absorb Makerere students in oil project

Kampala, Uganda | THE INDEPENDENT | The East African Crude Oil Pipeline Company (EACOP) and Makerere University have entered a memorandum to build learners’ skills. The memorandum signed on Tuesday will mainly benefit learners from the College of Engineering, Design, Art, and Technology- (CEDET). Under the memorandum, Makerere University is …

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NSSF reaps big from MTN, surpasses 2023/2024 targets

Kampala, Uganda | THE INDEPENDENT | The National Social Security (NSSF) says it ended the financial year 2023/2024 on a good note, having surpassed their set targets. The Fund’s Managing Director, Patrick Ayota said a preliminary analysis shows that performance on the key indicators will surpass annual targets. “We have …

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