Monday , December 23 2024
Home / The Independent (page 132)

The Independent

BoU closes Mercantile Credit Bank Ltd

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has revoked the license of Mercantile Credit Bank Ltd and ordered the company to wind up its affairs. Mercantile is a Tier II financial institution. Credit Institutions are described as “non-bank” financial institutions that engage in the acceptance of call and …

Read More »

Africa seeks homemade solutions to tackle debt challenges

13 African countries are at high risk of debt distress and 6 are already in debt distress Addis Ababa, ETHIOPIA | THE INDEPENDENT | The African Development Bank has launched a new initiative to support and develop homegrown solutions to the debt challenges that countries on the continent are facing. Dubbed …

Read More »

Stock-outs of crucial HIV medicines

Survey exposes extent of danger to children in Kenya and Uganda ANALYSIS | MERCY SHIBEMBA | A recent survey which assessed the availability of paediatric antiretroviral formulations across health facilities in Uganda and Kenya has revealed that recommended medications for children were only available in 52% and 64% of Kenyan and …

Read More »

Yumbe Refugee School gets ICT lab, computers for digital learning

Yumbe, Uganda | THE INDEPENDENT | Ariwa Secondary School in Bidibidi refugee settlement in Yumbe district has received an Information and Communications Technology (ICT) lab to help enhance digital learning opportunities for students. The lab is equipped with 20 computers and Internet connectivity for a year is a donation from telecom …

Read More »

Protect the medicines that protect us

WHO charts new path for action against antimicrobial resistance (AMR) ANALYSIS | SHOBHA SHUKLA |  Protect the medicines that protect us and ensure that all those who need them can access them, says Dr Tedros Adhanom Ghebreyesus, the Director General of The World Health Organization (WHO). He was speaking at a …

Read More »

A plea for political economy

Studying politics separately from economics creates an artificial gap between interconnected subjects COMMENT | KAUSHIK BASU | The world economy is at a turning point. As global supply chains face increasingly frequent disruptions, the structures underpinning markets and international trade are unraveling, leading to economic instability which, in turn, is spilling …

Read More »

MTN completes listing of 20% public float

Kampala, Uganda |  THE INDEPENDENT | MTN Uganda’s sale of shares left over from its 2021 Initial Public Offering was oversubscribed by almost 100%, the telecom executives said on June 13. The company received applications for 3 billion shares against 1.6 billion shares on offer, The shares sold represent 7.03% of …

Read More »