The company’s net profit more than tripled to Shs139bn in 2021 Kampala, Uganda | ISAAC KHISA | Uganda’s electricity distribution firm, Umeme, has seen 2021 net profit more than triple to Shs139bn owed to increase in customer base and electricity sales. This is the similar profit earned in 2019 during …
Read More »Nigeria launches special operation to tackle oil theft
Lagos, Nigeria | Xinhua | The Nigerian Navy on Friday launched a special operation to stop oil thieves from further sabotaging the nation’s oil and gas installations. Awwal Gambo, the country’s chief of naval staff, who spoke at the launch of the operation, blamed the nation’s economic downturn on attacks …
Read More »Why NSSF mid-term payments could delay for some
Kampala, Uganda | THE INDEPENDENT | Although the slow verification and random selection of applicants for the NSSF midterm access aims to avoid malpractices for those using the manual applications, it has been identified as the probable cause of delays in the disbursement of the payments. Unlike the online applications, …
Read More »Moroto municipality considers banning animal kraals in town
Moroto, Uganda | THE INDEPENDENT | Moroto municipal authorities are considering banning animal kraals in town to minimize attacks by cattle rustlers. This follows several attacks by suspected cattle rustlers targeting animals such as goats, sheep and cows around Moroto town, which has led to the loss of innocent lives. …
Read More »Police explains why officers overrule traffic lights
Kampala, Uganda | THE INDEPENDENT | A few days ago, there was a heated argument between two drivers and traffic officers manning traffic at the Jinja road junction in the central division of Kampala City. Two drivers came out of their vehicles and confronted traffic officers who had stopped the …
Read More »E-Passport, driving licenses to be printed in Uganda
Kampala, Uganda | THE INDEPENDENT | E-Passports, driving licenses and other security documents will soon be produced within the country, according to a plan by the Ministry of Works and Transport. Winstone Katushabe, the commissioner for Transport Regulation and Safety in the Ministry of Works and Transport says once the …
Read More »Ramadhan: Mufti asks Govt to subsidize commodity prices
Kampala, Uganda | THE INDEPENDENT | Sheikh Shaban Ramadhan Mubaje, the Mufti of Uganda has asked the government to consider subsidizing commodity prices. According to the Mufti, many Ugandans are currently unable to afford basic commodities such as soap, bar soap, sugar, salt and cooking oil because of hiked prices. …
Read More »Gov’t will not determine retail price of fuel – Regulator
Hoima, Uganda | THE INDEPENDENT | The prices of fuel products in Uganda will be determined by the market forces of demand and supply even when the country starts producing its own petrol, diesel and kerosene or others. How much Ugandans buy petroleum products will, therefore, depend on what is happening …
Read More »Tech experts urge enterprises to adopt cloud technologies
Kampala, Uganda | THE INDEPENDENT | Experts in the technology sector have urged local enterprises to opt for advanced systems to match the demands of the evolving business environment. Farouk Semambya, an Information Technology (IT) Architect at MTN Uganda says cloud computing technologies allows enterprises to introduce new ways …
Read More »Absa Group appoints Arrie Rautenbach as CEO
Johannesburg, South Africa | THE INDEPENDENT | Absa Group has announced the appointment of Arrie Rautenbach as Chief Executive Officer (CEO), effective immediately. The appointment Tuesday of the 56-year-old South African, follows a thorough recruitment and selection process completed by the Board. “On behalf of the Board, I am …
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