“You can’t sell Ugandans when we are looking on. On this, there is no compromise. They just take you to Saudi Arabia, move you to some other place like Thailand, harvest your heart, kidney or liver and throw the body to crocodiles” Kampala, Uganda | THE INDEPENDENT | Uganda’s Minister for …
Read More »‘US sanctions on Russia not responsible for high commodity prices’
Kampala, Uganda | THE INDEPENDENT | America’s sanctions on Russia are not to blame for the increasing prices of food and petroleum products across the globe, the United States of America’s Permanent Representative to the United Nations Linda Thomas-Greenfield has said. The world has recorded a sharp rise in prices …
Read More »CJ to Monitor: Stand your ground, deliver quality journalism
Kampala, Uganda | THE INDEPENDENT | Chief Justice Alfonse Chigamoy Owiny-Dollo says The Daily Monitor must stand its ground in defence of the truth and quality journalism as the newspaper marks thirty years of existence. Delivering a keynote address at a dialogue commemorating the thirty years since the founding of The Monitor, in 1992, …
Read More »Botswana to stabilize trade imbalances with South Africa
Gaborone, Botswana | Xinhua | President Mokgweetsi Masisi of Botswana on Thursday said the southern African country continues to work tirelessly to improve exports to South Africa. Addressing the Botswana-South Africa Business Forum Roundtable held on the occasion of the 28th anniversary celebrations of the establishment of diplomatic relations between …
Read More »FLOODS: Absa Bank Uganda donates sh60 million to Uganda Red Cross
Absa Bank Uganda donates UGX. 60,000,000 to Uganda Red Cross to strengthen the disaster response capacities towards families affected by floods in Eastern Uganda Mbale, Uganda | THE INDEPENDENT | Absa Bank Uganda has today announced a donation worth Sh60 million to the Uganda Red Cross Society to cater for the …
Read More »Western Uganda youth advised on running profitable enterprises
Bushenyi, Uganda | THE INDEPENDENT | Timothy Musasizi Karubanga, an entrepreneur and Chief Executive of Tim Tech Consults, has called on youth in Greater Bushenyi district to embrace community service as a humble beginning to attaining success in business. Musasizi, an angel investor fellow also offered to finance at least five business …
Read More »Uganda Development Bank prepares businesses for access to finance
Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank (UDB) has launched the Enterprise Development Program aimed at preparing entrepreneurs for financing through enhanced business practices. The Enterprise Development Program will be a series of trainings under the country’s development finance institution’s Business Accelerator For Successful Entrepreneurship Program, conducted with …
Read More »UEGCL commissions new facilities in Nwoya, Kiryandongo districts
| THE INDEPENDENT | Uganda Electricity Generation Company Ltd (UEGCL) has commissioned the newly constructed school facilities at Purongo Primary School and Diima Primary school in Nwoya and Kiryandongo Districts respectively. Nwoya and Kiryandongo are among the three districts besides Oyam hosting 600MW Karuma Hydropower Dam on River Nile. The …
Read More »Banks to unveil Shs1tn export credit facility
It will boost manufacturing and bridge the funding gap to the sector that holds great potential for Uganda’s growth Kampala, Uganda | THE INDEPENDENT | Uganda’s commercial banks are planning to provide Shs1trillion in export credit facility to help local manufacturers boost their access to the regional markets. Sarah Arapta, …
Read More »Wim Vanhelleputte bows out after 6-year stint at MTN Uganda
Telecom giant, MTN Uganda, has let go of its long serving Chief Executive Officer, Wim Vanhelleputte, setting the pace for the first top leadership transition since the telecom was listed on the Uganda Securities Exchange. Kampala, Uganda | ISAAC KHISA | Vanhelleputte, who has overseen the growth of the telecom …
Read More »