Kampala, Uganda | Isaac Khisa | Uganda government is set to receive US$150,000 from the pan-African lender, United Bank for Africa, as part of its efforts to stem the effects of the devastating coronavirus. The support is part of the US$14 million kitty that UBA has announced through its UBA Foundation to …
Read More »NC, CBA banks to conclude Uganda merger in the second quarter
Kampala, Uganda | Isaac Khisa | Kenyan-based lenders, Commercial Bank of Africa and NC Bank, are expected to finalize their merger in the second quarter of this year subject to the regulatory approval. The two banks submitted their request to merge their operations to Bank of Uganda late last year. Releasing the …
Read More »Stanbic Bank Uganda profits hit record level
Kampala, Uganda | Isaac Khisa | Stanbic Bank Uganda registered a record 20% growth in net profit to Shs 259 bn last year compared with the 2018 citing increase in both interest and non-interest incomes. The bank also recorded a 20% year-on-year growth in revenues to exceed Shs 800 billion. …
Read More »IGP tasks legal director to appeal POMA judgement
Kampala, Uganda | THE INDEPENDENT | The Inspector General of Police-IGP, Martins Okoth Ochola has tasked the Legal Director, Christine Nanding to work with Attorney General to appeal the Constitutional Court judgment nullifying section 8 of the Public Order Management Act. This particular section gave the IGP discretionary powers to …
Read More »Farmers asked to embrace social media to sustain food supply chain
Kampala, Uganda | THE INDEPENDENT | Farmers have been advised to shift from person-to-person interfaces and embrace online technological innovations to support food production and the supply chain. Associate Professor Alex Ariho, the Director-General of Excel Hort Consult Agribusiness incubator in Biharwe, says that farmers need to borrow a leaf …
Read More »Four coronavirus isolation units established at Hoima hospital
Hoima, Uganda | THE INDEPENDENT | At least four coronavirus isolation units have been set up at Hoima Regional Referral Hospital. This comes just days after two people from Hoima tested positive to the coronavirus . They include a 55-year-old man, a resident of Kibugubya village who recently returned from …
Read More »MP Olanya pledges UGX 3.2 million weekly contingency fund to combat coronavirus
Amuru, Uganda | THE INDEPENDENT | The Kilak South County Member of Parliament, Gilbert Olanya has pledged to provide Shillings 3.2 million weekly basis to fight the coronavirus pandemic in his constituency. Olanya told URN this morning that he will provide Shillings 2.2 each week for the purchase of hand …
Read More »Government relaxes directive on suspension of fishing on Lake Albert
Kampala, Uganda | THE INDEPENDENT | The government has bowed to pressure from fishermen and relaxed the directive issued suspending all fishing activities on Lake Albert following the outbreak of coronavirus in the country. Last week the District Security Committee in Hoima and Kikuube districts suspended all fishing activities on …
Read More »Outrage in Gulu as medical supplies, market commodity prices soar
Gulu, Uganda | THE INDEPENDENT | Prices of medical supplies and essential commodities have skyrocketed in Gulu town as the country continues to battle the deadly coronavirus pandemic, triggering outrage among residents. Over the past few days, hundreds of shoppers have been flocking pharmacies, drug shops and markets to stock …
Read More »Patients desert Mbale hospital over coronavirus fear
Mbale, Uganda | THE INDEPENDENT | Patients are deserting Mbale Regional Referral Hospital over increased fear of the coronavirus . Beds have become vacant as patients are sneaking out of the hospital as the number of Ugandans with the virus continues to grow. Uganda now stands at 33 cases of …
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