The Independent Uganda: You get the Truth we Pay the Price
Kampala, Uganda | Isaac Khisa | The national society will focus on financial and institutional sustainability, system coordination and service delivery Leading humanitarian organization, Uganda Red Cross Society, has unveiled a new five-year strategic plan 2021-2025 with key focus on financial and institutional sustainability, system coordination and service delivery. The plan is …
Read More »Mercy Corps unveils ‘Uber’ to connect skilled refugees, youth, with job opportunities
Uganda hosts more than 1.4 million refugees with majority coming from the South Sudan and Democratic Republic of Congo Kampala, Uganda | ISAAC KHISA | Mercy Corps has partnered with African Executive Leaders Solution to launch a digital platform to help legal refugees and youths close the gap in accessing …
Read More »Inside the Kenya-Uganda trade talks
Access to Kenyan market still a pain for Ugandan traders Kampala, Uganda | ISAAC KHISA | Ugandan traders had high hopes when Betty Maina, Kenya’s Cabinet Secretary for Industrialization, Trade and Enterprise Development visited Uganda on a recent weeklong bilateral visit. The local traders hoped that the key issues that …
Read More »Equity Group records 11% drop in net profit to Shs684bn
Net profit contribution from the business outside Kenya grew to 28% compared with 18% in the previous year Kampala, Uganda | ISAAC KHISA | Regional lender, Equity Group Holdings, has recorded 11% drop in profit after tax to Shs 684 bn for the year ended Dec.2020 citing effects of …
Read More »Uganda to rollout second round of hotel classification in May
However, the stakeholder sensitization will be key to the success of the exercise Kampala, Uganda | ISAAC KHISA | Uganda is set to rollout the second round of grading and classification of hotels and other tourism facilities to boost their competitiveness in the east African region. Lily Ajarova, the Chief …
Read More »Dividends for banking investors down but better than expected
Banking executives expect the industry to rebound citing projected growth in the economy Kampala, Uganda | ISAAC KHISA | 2020 was a tough year in almost all fronts: public health, production, new orders, employment, and demand, among others. The once growing economy contracted and interest rates took a deep …
Read More »Umeme shareholders face a 70 % dividend dip to Shs19bn
The electricity distribution company sees brighter days ahead owed to ongoing COVID-19 vaccination and the anticipated improvement in the economy Kampala, Uganda | ISAAC KHISA | Shareholders of electricity distributor, Umeme, face a 70 % drop in dividends to Shs19bn for 2020 owed to a sharp drop in net profit …
Read More »Intra-African trade fair pushed to December citing COVID-19 vaccination
Kampala, Uganda | Isaac Khisa |The second Intra-African Trade Fair (IATF2021) is now set to take place from Dec 8-14, 2021, it has been confirmed. The African Export-Import Bank, the African Union and the Rwanda government decided to shift the date of the continental trade fair, which was previously scheduled …
Read More »Commercial tree planting deepens in the drought hit Karamoja sub-region
Kampala, Uganda | Isaac Khisa | Simon Opolot, the head teacher of Musupo Primary School in Moroto District, is always in deep thoughts on how to prepare lunch for the pupils. The children have to walk five kilometers on Mt. Moroto and other neighboring hills at least twice a week to …
Read More »Ugandan scientists develop drought tolerant trees
This comes as Uganda joins the rest of the world to commemorate the World Forest Day on March 21 to raise awareness of the importance of all types of forests Kampala, Uganda | Isaac Khisa | Ugandan scientists have developed drought tolerant tree species, paving way for possible establishment of commercial forests …
Read More »