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Biden to host Merkel in mid-July

Washington, US | XINHUA |  U.S. President Joe Biden will host German Chancellor Angela Merkel at the White House on July 15, Press Secretary Jen Psaki said on Friday. “Chancellor Merkel’s visit will affirm the deep bilateral ties between the United States and Germany,” Psaki said in a statement. “The …

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KCB Uganda to handle Airtel Money cash

The partnership will enable customers borrow mobile loans for as low as Shs300 and earn interest on savings for as high 9%, respectively Kampala, Uganda | ISAAC KHISA | Telecom operator, Airtel Uganda, has appointed KCB Uganda as a trust account holder for its mobile financial services Airtel Money in …

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‘We are going to pay your dividends’

Stanbic Bank top executives tell shareholders as it rolls out offerings for women, targets oil and gas opportunities Kampala, Uganda | JULIUS BUSINGE | Whereas many businesses reported reduced earnings for the year 2020, others like Stanbic Bank Uganda Ltd, have assured their shareholders that they will earn their profits …

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LIVE: MP Lugoloobi will read Uganda’s budget 2021

➡ Budget 2021/22 shs44.7 trillion ➡ domestic revenue 76.7% ➡ external revenue 23.3% ➡Domestic revenue, Shs.22,425 bn. ➡Domestic borrowing,Shs.2,943 bn ➡Petroleum Fund, Shs.200 bn. ➡Budget support, Shs.3,583 bn. ➡External financing for projects,Shs.6,868 bn. ➡Appropriation in Aid,Shs.212.4 bn. ➡Domestic debt refinancing,Shs 8,547bn. Kampala, Uganda | THE INDEPENDENT & PARLIMENT MEDIA | …

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COVID-19: Bus fares hiked as many leave Kampala

Kampala, Uganda | THE INDEPENDENT | Long-distance bus fares have doubled as people flock the bus stations to travel upcountry. This follows the Sunday night announcement by President Yoweri Museveni, of new COVID-19 containment measures. The president said passenger transport between or through districts would be banned starting June 10 – …

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