MTN Uganda has declared an interim dividend of Shs 5.4 per share, a total of Shs 120.9billion, after its net profit surges 21% to Shs 292.7billion for the nine months ending 30th September 2022. | THE INDEPENDENT | This is the second time that MTN Uganda has declared interim dividends …
Read More »East African business body calls for enhanced exports of fresh produce
Dar es Salaam, Tanzania | Xinhua | The East African Business Council (EABC) has called for setting up of fresh produce consolidation centers across East African Community (EAC) countries and improve transport interconnectivity in order to boost export volumes and competitiveness. John Bosco Kalisa, the EABC chief executive officer, made the …
Read More »Chinese companies receive attention at Turkish trade expo
Istanbul, Turkey | XINHUA | Chinese companies from a wide array of sectors have received “intense attention” at an international trade expo being held in Türkiye’s biggest city Istanbul, a Turkish business leader said on Friday. A total of 32 Chinese companies and business groups have participated the Independent Industrialists …
Read More »Bill to protect consumers from predatory pricing in offing
Kampala, Uganda | THE INDEPENDENT | The Committee on Trade, Tourism and Industry has said that it will move the protection law aimed at protecting consumers from false advertisement, predatory pricing and substandard products. According to the Chairperson of the Committee, Mwine Mpaka, although there are several laws in the …
Read More »UNDP praises Uganda for Kiira Motors and drive to E-mobility
Kampala, Uganda | THE INDEPENDENT | The United Nations Development Programme – UNDP has described as ‘promising’ Uganda’s speedy transition towards electric mobility as a lasting solution to the supply shocks of fossil fuel and its hazards. E-mobility is a concept of using electric powertrain technologies, in-vehicle information, and communication technologies and …
Read More »KISORO: Policeman charged with murder of Indian businessman
Kisoro, Uganda | THE INDEPENDENT | A 24-year-old police officer in Kisoro district accused of allegedly shooting an Indian businessman to death has been charged with murder and remanded to Kisoro government prison. Eliod Gumizamu, attached to the Nyakabande Refugee Transit Centre is alleged to have shot and injured Patel …
Read More »POLICE: Gateway passenger died of acute pneumonia
Soroti, Uganda | THE INDEPENDENT | A post mortem report from Soroti has revealed that the Gateway Bus passenger who died in transit on Thursday suffered acute pneumonia. The passenger, identified as Oscar Ocen who was a resident of Okoya village in Abim district, died on his way home. Ocen, who …
Read More »Stolen PDM Funds: Kitgum recovers cash meant for 28 Saccos
Civil servants who misused the money signed a MOU with the top officials at the PDM secretariat, and were supposed to have completed recovery by this week Kitgum, Uganda | THE INDEPENDENT | Kitgum district has recovered funds for 28 out of the 55 Saccos whose Parish Developement Model funds …
Read More »Severed head returned, 2nd burial for Wakiso businessman
Police said the locals provided information that led to the arrest of one Jjingo and William Kalibala. The duo, according to Owoyesigyire, also helped police to arrest their third accomplice Samuel Bahati Kitto Namayumba, Uganda | THE INDEPENDENT | Wakiso policing division has gone to court seeking an order allowing …
Read More »EU envoys support Uganda on oil, energy transition
Kampala, Uganda | THE INDEPENDENT | European ambassadors to Uganda have voiced their cautious support to Uganda towards the development of the oil and gas sector. The envoys say while Uganda has to get the resource out of the ground for its development, it should put the protection of the …
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