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 …
Read More »
Kampala, Uganda | GODFREY SSALI | Government has taken a decision to prioritize local manufacturers of transformers in government procurement processes as one of the moves to promote Buy Uganda Build Uganda. This was agreed on during a meeting convened by the Ministry of Trade with local companies that manufacture transformers, …
Read More »
Kampala, Uganda | GODFREY SSALI | Government has finalized the drafting of a new bill aimed at regulating Human Resource practitioners and putting in place new measures to professionalize the human resource industry and protecting it from errant officers. This was revealed by the outgoing president of The Human Resource …
Read More »
DFCU DEAL: Taxpayer stands to lose Shs300bn Kampala, Uganda | HAGGAI MATSIKO | When Juma Kisaame; the Managing Director of DFCU Bank, looks at its latest financial results, he might have reason to smile and to worry. The bank’s latest financial results have excited shareholders but are also …
Read More »
5000m Cheptegei GOLD ??GC2018athletics Gold Coast, Australia | THE INDEPENDENT | Uganda’s long distance ace Joshua Cheptegei has won the 5000m gold at the 2018 Commonwealth Games. After a slow start, 21-year-old Cheptegei took charge of the race in the last 5 of 12.5 laps, finishing powerfully in 13:50.83 for …
Sunday Results – 100m 4th in Heat 2 – Scovia Ayikoru 11.86 5th in heat 1 – Pius Adome 10.70 Netball England ??????? 55 Uganda ?? 49 (Proscovia 23 goals, Nanyonga 22) Schedule 9.40am – ?? GC2018athletics 5000m final 10.26am – ?? GC2018athletics 100m semifinal Gold Coast, Australia | THE INDEPENDENT & AFP | Uganda’s …
THIS WEEK: Shs530billion set aside for salary enhancements, Kasaija Kampala, Uganda | THE INDEPENDENT | While tabling the Shs30 trillion budget for FY2018/19 last week, Finance Minister Matia Kasaija revealed that Shs530billion has been set aside to cater for salary enhancements for some public servants including medical workers, university lecturers, low …
Read More »
Male wants Justice Elizabeth off age limit case over having children with minister, AG Kampala, Uganda | THE INDEPENDENT | In a Mar. 28 letter, Male Mabirizi Kiwanuka, one of the petitioners in the age limit cases wrote to the lady justice Elizabeth Musoke of the Constitutional Court requesting that she …
Read More »
THIS WEEK: Government is recruiting priests to spy on us, Lwanga Kampala, Uganda | THE INDEPENDENT | During prayers on Good Friday at Lubaga Cathedral in Kampala, the Archbishop of the Archdiocese of Kampala Cyprian Kizito Lwanga appealed to President Museveni to beware of individuals and agencies that give him false …
Read More »
THIS WEEK: Museveni proposes tax on WhatsApp, Facebook Kampala, Uganda | THE INDEPENDENT | President Museveni has directed the Ministry of Finance to introduce taxes on social media platforms – WhatsApp and Facebook as a way of raising revenue. In a letter to the Finance Minister, the President expressed concern at …
Read More »
The Independent Uganda: You get the Truth we Pay the Price