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Sanlam unveils Income Fund

The product could be a solution for pension funds seeking to diversify their holdings Kampala, Uganda | ISAAC KHISA | Sanlam Investment East Africa has unveiled Sanlam Income Fund in a bid to raise more capital for various investments but also provide favourable returns to investors. This new product places …

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New blood for NSSF board

Finance Minister Matia Kasaija wants tangible results Kampala, Uganda | THE INDEPENDENT | Uganda’s Minister of Finance, Planning and Economic Development Matia Kasaija has appointed Peter Kimbowa, a team leader at the CEO Summit Uganda– a private sector Think Tank and managing Partner at IFE Consultants, as the pension fund’s …

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RDC halts allocation of space in new Tororo market

Tororo, Uganda | THE INDEPENDENT | Nixon Owole the Tororo Resident District Commissioner has ordered the municipal council authorities to halt the ongoing allocation of space to vendors in the new market. According to Owole, his office and that of the District Police Commander have received several reports and complaints from market …

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NDA raids Kampala pharmacies, impounds drugs worth sh46 million

Kampala, Uganda | THE INDEPENDENT | The National Drug Authority has impounded drugs worth sh46 million from 22 outlets within Kampala. The drugs were got during a 12-day enforcement operation after NDA were tipped off that some pharmacies and drug shops were operating without valid licenses. The operation also targeted …

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