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The independent

Bank of Africa tips SMEs

Kampala, Uganda | THE INDEPENDENT | Bank of Africa’s Managing Director, Arthur Isiko, has tipped Small and Medium Enterprises (SMEs) on access to finance as a key aspect for business growth. Isiko was speaking at a business forum hosted by the Bank at Tick Hotel in Kawempe, a Kampala suburb on …

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Crested Capital named ‘Broker of the year’

  Kampala, Uganda | THE INDEPENDENT | At the Uganda Securities Exchange 20th anniversary celebrations that took place in Kampala recently, brokerage firm, Crested Capital was awarded the “Broker of the Year”. This meant it was the overall best broker in 2017 for key performance indicators of turnover, deals and volumes …

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Trump: US has conceded ‘nothing’ to N.Korea

Washington, United States | AFP | President Donald Trump asserted Sunday that North Korea has agreed to “denuclearization” and a halt to testing while the United States had so far conceded “nothing” in return. North Korea pledged this week to halt nuclear and missile tests as the two countries prepare for …

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Macron warns against being ‘weak’ with Putin

Washington, United States | AFP | French President Emmanuel Macron warned against showing any weakness towards Vladimir Putin — while insisting he wants to work with the Russian strongman — in remarks broadcast Sunday on the eve of his state visit to Washington. “He’s strong and smart. But don’t be …

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Macron on Iran nuclear deal: There is no ‘Plan B’

Washington, United States | AFP | French President Emmanuel Macron, who is heading to Washington to urge his US counterpart to stay in the Iran nuclear deal, said in an interview broadcast Sunday that there is no “Plan B” if the accord is scrapped. “I don’t have any Plan B …

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IMF unveils new corruption policy for member states

Washington, United States | AFP | The International Monetary Fund will systematically address corruption and its impact on economic growth with all its member countries under new guidelines launched on Sunday. The stricter new policy also aims to tackle how rich countries contribute to corruption in the developing world by failing …

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Merkel denounces new anti-Semitism from Arab refugees

Jerusalem, Undefined | AFP | German Chancellor Angela Merkel denounced the emergence of “another form of anti-Semitism” from refugees of Arab origin in Germany, in an interview with Israeli television broadcast on Sunday. “We have a new phenomenon, as we have many refugees among whom there are, for example, people …

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Airtel contributes Shs50million for Kabaka

Kampala, Uganda | THE INDEPENDENT | As part of its five-year partnership with Buganda Kingdom, on April 10, Airtel Uganda handed over Shs 50 million to support the birthday celebrations of the Kabaka of Buganda, Ronald Muwenda Mutebi. The company’s partnership with Buganda Kingdom supports four of its main annual activities …

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Did you know? Queen Bee syndrome is a myth

Kampala, Uganda | THE INDEPENDENT | Queen Bee syndrome refers to a woman in a position of authority who treats subordinates more critically if they are female and refuse to help other women climb the corporate ladder. But Brazilian researchers at Sao Paulo Business School have concluded it is a myth, …

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Stanbic scoops BoU award

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank has scooped the 2017 Bank of Uganda Best Performing Commercial Bank of the Year in Government Securities award, Governor Emmanuel T. Mutebile announced on April 10. This is the 13th time the BoU was holding this event. It was also Stanbic’s sixth consecutive …

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