Ituri, DRC | THE INDEPENDENT | More than seven tons of Cocoa and a public transport vehicle were on Thursday evening set on fire and burnt to ashes by suspected Allied Democratic Forces (ADF) rebels at Mahu village, Bangole Mambasa territory in Ituri province, eastern Democratic Republic of Congo (DRC). …
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Johannesburg, South Africa | AIRSPACE AFRICA | Uganda Airlines is one of Africa’s youngest airline projects having launched operations in late 2019 and only this year being awarded by Ch-aviation with the accolade of “Airline with the youngest fleet in the world”. Serving a Ugandan market that was on the up …
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Kampala, Uganda | THE INDEPENDENT | The Electricity Regulatory Authority- ERA, has approved a new tariff plan that is aimed at reducing electricity bills significantly for industries and domestic cooking. According to the new tariff structure, homeowners using electricity for cooking will pay Shillings 412 per kilowatt-hour (unit) starting January 2022. …
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In tough times like the world is experiencing today characterized by a pandemic, experts are calling on managers of companies and other entities to undertake well planned business models but also support the people they work with to achieve success. | THE INDEPENDENT | This is one idea to kept …
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Profitability included Shs71bn from foreign exchange gains on Isimba loans Kampala, Uganda | THE INDEPENDENT | “We yet congratulate ourselves upon the completion of another financial year in which despite the continued Covid-19 disruptions, we were able to make headway as a company,” Eng. Harrison Mutikanga said in his statement …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Development Bank Ltd (UDBL), the country’s national Development Finance Institution, has today announced exclusive offers aimed at addressing the growth of the key sectors of youth, women and SMEs. In addition to credit offerings to these segments, UDB will introduce a Business Accelerator …
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It plans to integrate climate change related risks in analysing micro and macro-economic conditions Kampala, Uganda | ISAAC KHISA | Uganda’s central bank will soon rollout guidelines for green financing to support small and medium and enterprises as the country strives to achieve sustainable development. Hannington Wasswa, the director commercial …
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The telco raised Shs535.9bn in undersubscribed IPO Kampala, Uganda | THE INDEPENDENT | The South African telecom subsidiary in Uganda, MTN, began a new journey on Dec.06, with the listing on the Uganda Securities Exchange, and the share price surging past the IPO price during the first week of trading. …
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Dubai, UAE | THE INDEPENDENT | The Speaker of Parliament, Jacob Oulanyah has proposed action that deliberately aims to ensure government meaningfully supports the Ugandan diaspora. There ought to be a mechanism through which the diaspora is incorporated in the government structure, for streamlined financial support, he said. Oulanyah …
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Nairobi, Kenya | Xinhua | Kenya Railways (KR) has added the number of coaches on the standard gauge railway passenger train as demand for the popular service doubles ahead of the holiday season. The KR said in a notice on Friday that the additional coaches would cater for the increased …
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