Thursday , January 23 2025
Home / In The Magazine (page 205)

In The Magazine

magazine stories

BATU registers Shs 9.9bn net profit

Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda has recorded a 6% increase in revenues to Shs 99.5bn for the year ended Dece.31, 2022, but the profit after tax declined marginally to Shs 9.9bn. The cigarettes distributor said the 4% decline in profit after tax was attributed to a …

Read More »

New malaria threat to Africa’s urban areas

Kampala, Uganda | THE INDEPENDENT | A species of mosquito that can carry malaria known as Anopheles stephensi has invaded eastern Africa. Moina Spooner, from The Conversation Africa, in October 2020 asked Jeremy Herren and Clifford Mutero; scientists at the International Centre of Insect Physiology and Ecology in Nairobi, to provide …

Read More »

MTN Uganda proposes to pay Shs123bn dividend

Kampala, Uganda | THE INDEPENDENT | MTN Uganda has proposed to pay a final dividend of Shs 123bn or Shs 5.5 per share to shareholders following double-digit growth in profits for 2022. The annual financial results show that the Uganda Securities Exchange-listed firm recorded a 19.3% growth in profit after tax …

Read More »

PPDA tribunal cancels wrongfully awarded Uganda Airlines fuel deal

Kampala, Uganda | THE INDEPENDENT | The Public Procurement and Disposal of Public Assets (PPDA) tribunal has cancelled the aviation fuel supply contract that Uganda National Airlines had awarded to Vivo Energy, citing procurement irregularities. On November 8, 2022, Uganda Airlines, through a newspaper advertisement, invited sealed bids for the procurement …

Read More »

Uganda to deport foreign students lacking legal papers

Kampala, Uganda | THE INDEPENDENT | Foreign students studying in Uganda without the required legal papers may face deportation according to government authorities. Uganda’s government has expressed concern over a growing number of foreign students in the country without immigration clearance. Immigration authorities have warned that they would do spot checks …

Read More »

Kabaka Birthday Run set for April 16

Kampala, Uganda | THE INDEPENDENT | The Buganda Kingdom and Airtel Uganda unveiled the much sought-after 2023 Kabaka Birthday Run. The Katikiro of Buganda Kingdom Owek. Charles Peter Mayiga who presided over the launch of the 10th edition at Bulange, Mengo on Thursday morning said proceeds from the run would help …

Read More »

Pesapal now accepts Airtel Money Payments in Uganda

Kampala, Uganda | THE INDEPENDENT | Airtel Money and Pesapal Uganda signed a deal to enable acceptance of Airtel Money payments at the Pesapal Sabi point-of-sale machines. Since its inception in 2009, Pesapal continues to innovate digital payment solutions to accommodate the changing times and the demands of its customers as …

Read More »