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Umeme makes record revenues in Half Year Results

Kampala, Uganda | THE INDEPENDENT | With barely 18 months to run out its 25-year concession, power distributor, Umeme Ltd has made a 49 percent growth in operating profit for the first half ended June 2023. The company attributed the profit before amortisation and impairment, tax, and interest of 243,530 billion …

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Kinyara sugar loses UGX 6.8b to fire outbreaks

Masindi, Uganda | THE INDEPENDENT | Kinyara Sugar Limited lost 6.8 billion Shillings to fires that gutted sugarcane plantations in their areas of operations last season. Records at Kinyara Sugar Limited indicate that the sugar company lost 1,700 hectares of sugar cane plantations to fires during the season. These majorly affected …

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Patrick Ayota handed NSSF top job

Kampala, Uganda | THE INDEPENDENT  | Patrick Ayota has been named the new National Social Security Fund (NSSF) managing director, to take over from Richard Byarugaba whose contract was not renewed. “We are pleased to inform NSSF members, stakeholders and the public that the Minister of Gender, Labour, and social …

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