Kampala, Uganda | THE INDEPENDENT | The Uganda National Oil Company (UNOC) has generated a profit of Shs37.6 billion surpassing their projected revenue of Shs6.989 billion. This revelation emerged during a meeting between officials from UNOC and Members of the Public Accounts Committee (PAC) on Monday, 27 May 2024 where the …

Kampala, Uganda | THE INDEPENDENT | MTN Uganda has announced a contribution of Shs42.5 billion to the Uganda Communications Commission’s Universal Service and Access Fund, aimed at developing telecommunications services in underserved areas. This marks a significant increase from last year’s contribution of Shs 36 billion. The announcement was made on …

Kampala, Uganda | THE INDEPENDENT | On May 24, ATC Uganda and Uganda Development Bank organized a blood donation drive to bolster the much-needed blood bank at Mengo Hospital. Mengo Hospital and Minet were the technical partners in this initiative. Executives said the initiative was part of a broader effort to …

Kampala, Uganda | THE INDEPENDENT | On May 24, NCBA Bank Uganda opened a new branch in the Namanve Industrial Business Park. Developed by the Uganda Investment Authority, Namanve Industrial Business Park is a thriving hub for manufacturers and home to some of the largest manufacturing firms including Coca-Cola and Rwenzori …

CAIRO, Egypt | Xinhua | Egypt has warned against the safety risks facing its army personnel deployed on the border with the Gaza Strip, Egypt’s Al-Qahera News TV channel reported Monday, citing a high-ranking security source. Commenting on the killing of an Egyptian soldier near the Rafah crossing earlier in …

LOS ANGELES, California| Xinhua | SpaceX plans to have the fourth flight test of its giant Starship rocket as soon as June 5, pending regulatory approval, according to the company. SpaceX had Starship’s third flight test in March, but the company lost communication with the vehicle before it made it to …

Kampala, Uganda | THE INDEPENDENT | Private school proprietors have expressed concerns about registering learners on the Education Management Information System (EMIS) due to fears of data misuse. Lawrence Kulumba from Boston High School in Entebbe states that many private school owners fear the government might misuse the data collected for …

Mbarara, Uganda | THE INDEPENDENT | Mbarara City traders are expressing their discontent with the City Council’s proposal to close certain streets during the upcoming 2024 City Festival. The festival, which is the second edition of the two-day City Trade, Music, and Art event, is scheduled for June 21st and 22nd …

Experts urge authorities to unlock financial and regulatory opportunities to drive growth Dar es Salaam, Tanzania | JULIUS BUSINGE | Uganda and Tanzania’s public and private sectors must address gaps in mining activities to create opportunities aligned with their development plans. Speaking at the 2nd Uganda-Tanzania Business Forum, held in Dar …

CAIRO, EGYPT | Xinhua | Secretary-General of the League of Arab States (AL) Ahmed Aboul-Gheit on Monday criticized Israel for bombing tents for the displaced Palestinians in the southern Gazan city of Rafah. In a post published on social media platform X, Aboul-Gheit called the bombing, which took on Sunday, …