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The Independent

Absa Uganda hits Sh146 billion in profit after tax

  • Growth in revenue by Sh64bn • Sh146 billion in profit after tax • 12.9% growth in net customer loans standing at Sh1.76 trillion • 16.3% growth in customer deposits to Sh2.45 trillion Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has reported a growth in revenue by Sh64 …

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Mukono operation sees 29 arrested in Boda Boda lynching case

Mukono, Uganda | THE INDEPENDENT |  The Police and Uganda People’s Defence Forces (UPDF) have so far arrested 29 people suspected of having orchestrated the lynching of five people, who allegedly killed two Bodaboda riders last week. Sande Ssemanda and Richard Mawanda were hacked to death and their motorcycles were …

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Two arrested for offering Arua police officer sh2 million bribe

ARUA, Uganda | THE INDEPENDENT |  Two individuals have been apprehended for attempting to bribe the Officer-in-Charge of the Criminal Investigation Division (OC CID) at the Arua District Central Police Station in Odumi, in an effort to evade investigation into a murder case. The suspects, identified as Annet Ajikia and Brian …

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EFRIS: City traders close shops in protest

Kampala, Uganda | THE INDEPENDENT |  Shops in all parts of the city center have closed as traders protest over the Electronic Fiscal Receipting and Invoicing Solutions (EFRIS) system. The protests were started last week by traders affiliated with the Federation of Uganda Traders’ Associations (FUTA). On Tuesday, they were …

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