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The Independent

UDB records 52% surge in loan portfolio to Shs1.2tn

Eight regional training sessions targeting 1,130 SMEs were conducted in different parts of the country in preparation for access to credit Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank, the country’s national development finance institution has reported a 52% surge in loan portfolio to Shs1.2trillion for the year ended December …

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Africa should apply own solutions to own problems: Ethiopian PM

Addis Ababa, Ethiopia | Xinhua | The African continent should apply its own solutions to a wide range of problems affecting the continent, Ethiopian Prime Minister Abiy Ahmed said Saturday. Ahmed made the remarks while addressing the 36th Ordinary Session of the African Union (AU) Assembly, which is underway from Feb. 18 …

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East Africa member states to start Digital Service Tax

Wakiso, Uganda | THE INDEPENDENT | Taxi bodies in East Africa have resolved to introduce digital service tax. The resolution was taken at the 50th East Africa Revenue Commissioners-General meeting (EARACGs) at Serena Hotel Kigo, Wakiso District. Kenya has been the only country in the region with the tax and having …

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Tesla CE Elon Musk donates US$2bn

Kampala, Uganda | THE INDEPENDENT | Tesla Chief Executive Elon Musk says he donated around $1.95bn (£1.6bn) worth of shares in his electric carmaker to charity last year, according to BBC. The donation of 11.6 million shares was described in a filing with US regulators as “a bona fide gift”. The filing did …

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MTN Foundation programme receives 410 youths

Kampala, Uganda | THE INDEPENDENT | MTN Uganda’s corporate social responsibility arm, MTN Foundation, has welcomed 410 youths in the inaugural cohort of the MTN ACE initiative meant to sharpen skills of fresh graduates, those in and out of school, innovators, entrepreneurs and tech-driven start-ups to become self-reliant and contribute to …

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Gov’t hands over title of contested land in Jinja city to UMSC

Jinja, Uganda | THE INDEPENDENT | The government on Friday handed over a land title of 4.2 acres to the Uganda Muslim Supreme Council-UMSC. The land is located along Mvule Crescent, in South Division, Jinja City, The contested land was donated to the Muslim community in the Busoga sub-region through a …

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KARAMOJA: 284 civilians killed in six months

Moroto, Uganda | THE INDEPENDENT | 284 civilians have died in the Karamoja Region in the last six months during cattle raids and operations against illegal guns. The civilians were killed by both security forces and suspected cattle rustlers. Michael Longole, the Mt Moroto Regional Police Spokesperson says that they have …

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African conservationist sounds alarm over rising threats to pangolins

Nairobi, Kenya | Xinhua | Human and climate-induced threats to pangolins have soared, threatening their survival while worsening ecosystem imbalances and risk to public health, an African conservationist said Friday ahead of World Pangolin Day to be marked on Saturday. Edith Kabesiime, the Wildlife Campaign Manager at World Animal Protection, an international …

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