Equity Group reports US$468.7 million profits before tax, driven by strategic diversified growth Proposed dividend per share of UgSh120 – a payout ratio of 34.5%
Earnings per share increased by 11% to UgSh348
Asset quality improves by 100 basis points from Q1 2024 to Q4 2024.
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Kwiso TV promises to nurture the next generation of East African filmmakers
Sauti Plus Media Hub Unveils ‘Kwiso TV’ Streaming Platform to Boost Ugandan and East African Content Kampala, Uganda | THE INDEPENDENT | Sauti Plus Media Hub has officially unveiled Kwiso TV – a new streaming platform designed to showcase quality Ugandan and East African films and TV series. The announcement …
Read More »Uganda celebrates women’s progress at 2025 Women’s Day Banquet
A focal point of this year’s event was the success of Tooke Flour, an innovative product made from green bananas developed under the Presidential Initiative for Banana Industrial Development (PIBID) led by Florence Isabirye Muranga. Kampala, Uganda | THE INDEPENDENT | Uganda marked International Women’s Day on March 25, 2025 …
Read More »Perinatal deaths in Lango blamed on malaria, teenage pregnancy
GULU, UGANDA | THE INDEPENDENT | Medical personnel have attributed the high level of perinatal deaths in Lango sub region to teenage pregnancies and malaria. Data have shown that 180 newborn babies died from the Neonatal Intensive Care Unit (NICU) at Lira Regional Referral Hospital in the year 2024. In …
Read More »Nollywood star Ramsey Nouah here for Ikon Awards, witnesses birth of Kwiso TV
Ramsey Nouah joins the premiere of the 2024 Ikon Young Filmmakers Fellows short films & the Unveil of Kwiso TV Kampala, Uganda | THE INDEPENDENT | Nollywood star Ramsey Nouah is in Uganda for the Ikon Awards. He arrived on March 24, and is expected to join several stars from the continent …
Read More »MoH announces 24/2 initiative to encourage quick response to malaria by patients, health workers
Kampala, Uganda | THE INDEPENDENT | The Ministry of Health has started popularizing the 24/2 initiative in the fight against malaria. The 24/2 initiative is a World Organisation (WHO) initiative aimed at transforming malaria treatment and ensuring rapid recovery for those affected. Silver Kasozi, an officer at the Malaria Control …
Read More »China donates rice to northeastern Uganda to alleviate food shortage
KAMPALA, UGANDA | Xinhua | China has donated 1,610 metric tonnes of rice to Uganda’s semi-arid northeastern region of Karamoja, where thousands of people are struggling with food shortages. Chinese Ambassador to Uganda Zhang Lizhong handed over the donation to a representative of Ugandan Prime Minister Robinah Nabbanja at an …
Read More »Uganda sees over 70% surge in coffee export value in past 12 months
KAMPALA, UGANDA | Xinhua | Uganda’s coffee export value has surged by more than 70 percent over the past 12 months, the country’s Ministry of Agriculture, Animal Industry and Fisheries announced on Wednesday. A ministry statement indicated that Uganda’s coffee exports increased by 6.99 percent in quantity and 70.71 percent …
Read More »Gov’t explains current power outages
KAMPALA, UGANDA | THE INDEPENDENT | The country is currently facing increase in power outages and load shedding, a situation that has left users calling for an explanation form the responsible authorities. It comes amidst the final transition stages from the expiring 20-year distribution concession held by Umeme Ltd to …
Read More »Buwembo hopeful of winning Rubaga South on NUP ticket
KAMPALA, UGANDA | THE INDEPENDENT | Renowned Kampala political and human rights activist, Habib Buwembo, is confident that if he secures the National Unity Platform (NUP) ticket he will win Rubaga South constituency on his second attempt. Buwembo crossed from Forum for Democratic Change (FDC) to NUP about two years …
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