The scheme’s MD Patrick Ayota says he is confident the Fund will achieve its strategic objectives as scheduled Kampala, Uganda | THE INDEPENDENT | Uganda’s national savings scheme, National Social Security Fund (NSSF), has hit Shs 20 trillion in Assets Under Management (AUM), one and a half years ahead of schedule, …
Read More »EAC Secretary General appointed Kenya’s ambassador to Russia
Dr. Peter Mathuki is facing impeachment over the alleged misappropriation of funds at the secretariat Nairobi, Kenya | AGENCIES | The East African Community (EAC) Secretary-General Dr. Peter Mathuki has been nominated by Kenya’s President Wiliam Ruto as the country’s ambassador to Russia. The nomination comes at a time when Dr …
Read More »Africa pins hopes on China-Africa think tanks to accelerate economic growth
The 13th Meeting of the China-Africa Think Tanks Forum opened in Tanzania’s port city of Dar es Salaam on Friday, with participants describing it as a springboard for the continent’s economic and industrialization agenda. DAR ES SALAAM, TAZANIA | Xinhua | The 13th Meeting of the China-Africa Think Tanks Forum …
Read More »Uganda’s private sector shows resilience
Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector experienced a modest deceleration in growth in Feb, as indicated by the Stanbic Purchasing Managers’ Index (PMI) which adjusted to 51.7 from a previous 54.0 in January. Despite this slight easing, the sector continued to demonstrate robust performance with sustained improvements across …
Read More »Zardari wins Pakistan’s presidential election
ISLAMABAD | Xinhua | Ruling coalition candidate Asif Ali Zardari won the presidential election of Pakistan with an overwhelming lead on Saturday, the Election Commission of Pakistan announced. Zardari won the election by taking 411 votes from all the electoral colleges, including parliament and four provincial assemblies, the commission said. …
Read More »Oyam primary schools face dropouts of over 9000 pupils annually
Oyam, Uganda | THE INDEPENDENT | The findings of a study conducted in the last three years has revealed that over 9000 Pupils dropout from Oyam Primary Schools annually. A study conducted by the district Education department in 65 out of the 109 government aided primary schools in a period of …
Read More »A closer look at economic potential behind China’s growth target
BEIJING | Xinhua | China sets an economic growth target of around 5 percent for 2024. In setting the target, the need to boost employment and incomes and prevent and defuse risks have been taken into account, and the growth rate is well aligned with the objectives of the 14th …
Read More »Smaller businesses to be enrolled on EFRIS for VAT collection
Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) is set to enlist all vatable smaller and medium size businesses on the Electronic Fiscal Receipt and Invoice Systems (EFRIS), to ensure efficiency in the collection of Value Added Tax (VAT), from these establishments. This revelation was made by the …
Read More »Lightning strike kills three year old girl in Pader
Pader, Uganda | THE INDEPENDENT | A 3-year-old girl dead from Lapunu-makwar village, Lalogi parish, Lapul Sub- County has been confirmed dead after being struck by lightning. The incident happened at around 8pm on Friday during a downpour that took almost three hours. The deceased had been identified as Lakot Oliver. …
Read More »UCC hunts for film makers in Karamoja
Karamoja, Uganda | THE INDEPENDENT | The Uganda Communication Commission (UCC) through the Uganda Film Festival has integrated the Karamoja sub-region into the Regional Film competition festivals to promote local content and diversity. On Friday, the filmmakers drawn from Arua, Gulu, and Lango converged at Hotel Africana in Moroto district for …
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