What It Means for Africa, U.S. and partners NEWS ANALYSIS | THE INDEPENDENT | The July 27 morning’s coup d’etat in Niger only deepens the pattern of instability across Africa’s Sahel and damages what has been a rare process of fairly steady democracy building in the region. Niger’s democratically elected government …
Read More »How MTN made Shs228bn net profit in first half of 2023
Shareholders could earn Shs5.6 per share in September Kampala, Uganda | JULIUS BUSINGE | MTN Uganda has reported an 18% jump in profit after tax to Shs228bn in the first six months of 2023 compared to Shs193bn reported in the same period last year. The company’s Chief Executive Officer Sylivia Mulinge …
Read More »UAP Old Mutual retail investors to earn 11% interest on their funds
The Fund maintained its investment bias towards government securities as assets crossed the Shs1 trillion mark Kampala, Uganda | THE INDEPENDENT | Retail investors with a holding in UAP Old Mutual’s collective investment scheme will earn 11% interest on their funds as Assets Under Management cross the Shs1 trillion mark for the …
Read More »CHRIS PATTEN: The Crisis of American Leadership
COMMENT | CHRIS PATTEN | In December 2003, roughly nine months into the Iraq War that would forever define his legacy, then-US President George W. Bush was asked whether his administration’s policies complied with international law. “I don’t know what you’re talking about by international law. I better consult …
Read More »Study finds why some Africans have lower levels of HIV virus
Between 4% and 13 % of Africans are thought to carry this particular gene Kampala, Uganda | RONALD MUSOKE | Some HIV+ people of African ancestry have been found to naturally have lower viral loads of HIV, according to the latest research published on Aug.02 in the journal, Nature. The paper: …
Read More »Gush of strong winds makes sailing deadly on L. Victoria
Three accidents claim over 30 lives in one month Kampala, Uganda | THE INDEPENDENT | In a press release, the PRO Kampala Metropolitan Police; SSP Onyango Patrick, said at 5am on Aug.02, a boat capsized on Lake Victoria. Onyango said the accident is attributed to overloading and bad weather. He said …
Read More »Centenary Bank partners with Foreign Affairs Ministry
Kampala, Uganda | THE INDEPENDENT | On Aug.4, Kampala, Centenary Bank together with Rotary Uganda partnered with the Ministry of Foreign Affairs to rally Ugandans in the diaspora and well-wishers in other countries to participate in the 2023 Cancer Run. This year’s run will be held under the theme: Run for …
Read More »UTB resumes grading, classification of hotels
Kampala, Uganda | JULIUS BUSINGE | Uganda Tourism Board has started a nationwide grading and classification exercise for hotels and other tourist facilities. This was revealed at a news conference held in Kampala on Aug.2 by Lilly Ajarova, the chief executive officer of UTB, Uganda Hotel Owners Association Chairperson and Vice …
Read More »ATMIS military commanders meet over troop withdrawal from Somalia
Kampala, Uganda | THE INDEPENDENT | Top military commanders of the African Union Transition Mission in Somalia (ATMIS) met to evaluate the first phase of ATMIS troop withdrawal from Somalia, which was successfully implemented in June. The meeting held in Somalia’s capital Mogadishu, was attended by contingent commanders of the five …
Read More »Judiciary to save billions as new court buildings near completion
Kampala, Uganda | THE INDEPENDENT | Dr Pius Bigirimana on Tuesday said that the completion of court buildings across the country will save the judiciary at least Shs9.973 billion in rent, now that construction is back on course. Bigirimana, the Permanent Secretary to the Judiciary, blamed the COVID-19 pandemic for the …
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