Wednesday , December 25 2024
Home / The independent (page 786)

The independent

COMMENT: A test for demutualised USE

How it handles conflict of interest will enhance or sink corporate governance in capital markets COMMENT | SILVER KAYONDO | A few weeks ago, the Uganda Stock Exchange (USE) confirmed it had received formal approval from the regulatory body, the Capital Markets Authority (CMA) to operate a demutualised stock exchange. This …

Read More »

Zimbabwe’s new president dissolves Mugabe cabinet

Harare, Zimbabwe | AFP | Zimbabwe’s President Emmerson Mnangagwa three days after his inauguration has dissolved the cabinet of his predecessor Robert Mugabe, who resigned after the military took control of the country, a senior government official said Monday. Mnangagwa “is in the process of putting together a new team of …

Read More »

Sacking of Sierra Leone’s former VP ‘void’: regional court

Abuja, Nigeria | AFP | Sierra Leone’s President Ernest Bai Koroma unlawfully dismissed his vice president after he was expelled from the ruling party, a West African regional court said on Monday. Samuel Sam-Sumana was kicked out of the All People’s Congress (APC) in March 2015 on suspicion of fomenting violence, …

Read More »

Gambia court charges soldiers with coup plot

Banjul, Gambia | AFP | A Gambian military court on Monday charged 10 soldiers with treason and mutiny for plotting to overthrow the country’s newly elected government in July, and two more with helping a sergeant evade arrest. Elements of The Gambia’s armed forces are known to have maintained support for …

Read More »

Bishops urge DR Congo president to vow to stand down

Kinshasa, DR Congo | AFP | Influential bishops in the Democratic Republic of Congo on Monday urged President Joseph Kabila to pledge he will not seek a third term in office in order to ease fears of unrest. Roman Catholic bishops last year helped broker a deal under which elections …

Read More »

Togo’s president visits opposition stronghold after protests

Lome, Togo | AFP | Togo’s president, Faure Gnassingbe, said he remains convinced of national unity after a weekend visit to the country’s second city that was hit by anti-government protests. Gnassingbe revealed on Sunday evening he had travelled to Sokode — the home city of Tikpi Atchadam, who has …

Read More »

Ugandan excels in corporate consultancy

Kampala, Uganda | THE INDEPENDENT | Amos Bagumire, a Ugandan corporate consultant, has been recognized by CEO Global for his exceptional performance in a filtering process overseen by KPMG, the international financial services firm. Bagumire, the managing director of ABS Consulting Group was announced continental winner of the CEO Global Titan …

Read More »

Kenya Airways losses drops to Ksh 3.8bn

Kampala, Uganda | THE INDEPENDENT | Kenya’s national carrier, Kenya Airways, has a recorded 20.5% drop in losses to Ksh3.8bn for the six months to September compared with the same period a year earlier citing reduced costs. The carrier said its operating costs reduced from Ksh53.799bn to Ksh53.075bn during the same …

Read More »