Enwealth Financial Services manage assets worth Shs2trillion in Africa Kampala, Uganda | JULIUS BUSINGE | A new pension administrator, Enwealth Financial Services, has entered Uganda’s pension market upon securing an operation license from the regulator, Uganda Retirement Benefits Regulatory Authority (URBRA). The firm that joins nine other pension administrators in …
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‘London patient’: second case ever of HIV remission Paris, France | AFP | A second person is in sustained remission from HIV-1, the virus that causes AIDS, after ceasing treatment and is likely cured, researchers were set to announce at a medical conference Tuesday. Ten years after the first confirmed …
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Transparency International’s CPI 2018 tracks link between corruption and lack of citizen engagement Kampala, Uganda | RONALD MUSOKE | When Transparency International released its 2018 global corruption perceptions index on Jan.29, it found one damning indictment: corruption is flourishing more in countries where democratic foundations are weak. While releasing the …
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It remains unclear on how much consumers will pay for the electricity generated even as UEGCL plans to sell electricity to the national grid at US4 cents per unit Kampala, Uganda | ISAAC KHISA | The multi-billion dollar Community Development Action Plan at Isimba Hydropower Project has started, clearing the …
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Kampala, Uganda | THE INDEPENDENT | Britain’s envoy in Uganda Peter West has told URN in an interview that Rwanda and Uganda need to amicably resolve the matters that could have triggered growing animosity between the two neighbouring countries. “I think the best thing is a dialogue between the two countries. …
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Can Kasekende, Mutebile, Ssekabira, Bagyenda escape? Kampala, Uganda | HAGGAI MATSIKO | Fire. Prosecute. Jail. These appear to be some of the recommendations many expected to be in the report that Abdul Katuntu, the Bugweri County legislator and chairman of the Parliamentary Committee on Commissions, Statutory Authorities, and State Enterprises …
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Good 2018 results amidst tough operational environment Kampala, Uganda | JULIUS BUSINGE | British American Tobacco Uganda Limited (BAT) has recorded an increase in profit after tax of Shs1.6bn to Shs13.7bn for the year ended December 2018 amidst the operational environment that the company’s top management described as ‘tough’. Financial …
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Kampala, Uganda | AFP | Uganda’s government on Tuesday repatriated 70 Congolese ex-rebels and their families, who had volunteered to return home five years after they were defeated, the foreign ministry said. The 70 ex-soldiers, as well as 10 family members, had all been members of a rebel group called …
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New initiative expected to drive the company’s revenue growth Kampala, Uganda | ISAAC KHISA | Airtel Uganda has unveiled a fourth generation (4G) internet services, stepping up the battle for customers in country’s telecommunication market. MTN Uganda and Africell unveiled their 4G services in 2015 and 2016 respectively, with the …
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Final investment decision in oil and gas to drive real estate sector Kampala, Uganda | PATRICIA AKANKWATSA | Retail rental rates in Kampala have remained stable over the past six months as the industry consolidates following a slowdown in the past two years, according to the latest report from the …
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The Independent Uganda: You get the Truth we Pay the Price