In The Magazine

  Studies reveal that drinking low to moderate amounts of beer reduces the risk of heart disease FEATURE | AGENCIES | In a recent article published in the `Journal of Agricultural and Food Chemistry’, scientists analysed the effect of alcoholic and nonalcoholic beer ingestion on gut microbiota. The fermented extract …

  Kampala, Uganda | THE INDEPENDENT | Cigarette dealer, British American Tobacco Uganda, will pay its shareholders Shs 209per share, translating into Shs 10.2billion as dividend. This is nearly 50% lower compared to Shs 19.9billion paid in 2020 due to a drop in profit. BATU pays 100% of its profit as …

  NEWS ANALYSIS | AGENCIES | Ugandans could potentially live an extra two years if that if global PM2.5 levels were reduced to the five micrograms per cubic metre recommended by the World Health Organisation (WHO),  according to a new study. Ugandans have a life expectancy of about 64 years …

  London, UK | THE INDEPENDENT | The UK Government has stepped down from funding Financial Sector Deepening Uganda (FSDU) and handed over that role to the Bill and Melinda Gates Foundation, it said on June 15 in a media statement. Since 2015, the UK Government has invested Shs85billion (£17m) …

 The program is voluntary and is based on the informed assessment and judgement of the participating financial institutions Kampala, Uganda | THE INDEPENDENT | Fifteen Ugandan banks have signed onto the TradeClear platform to ease and boost interbank trade within the country. TradeClear is an interbank trading platform managed by …

Microsoft stops supporting infamous browser NEWS ANALYSIS | AGENCIES | Tech giant Microsoft on June 15 stopped supporting the Internet Explorer web browser after nearly 27 years. By June 16, a day after the official end of the browser, the #RIPInternetExplorer hashtag was trending. “Sad to see it go,” tweeted …

  Egis Road Operation was in May last year awarded a contract by Uganda National Roads Authority to operate and maintain the 26.2KM Kampala – Entebbe Expressway. It is expected to collect toll fees on behalf of government and provide high quality road management adding value to road users. The …

U.S. and Russia lead nuclear arms race with 90% of all nuclear weapons NEWS ANALYSIS | IAN KATUSIIME | The Russian invasion of Ukraine in February sparked fears of a direct confrontation between two of the world’s greatest superpowers, U.S. and Russia. The fears intensified because the two nations have …

  A huge chunk of 2022/23 Shs48.1tn budget will go to the usual sectors of works and transport, security, health and education NEWS ANALYSIS | ISAAC KHISA | Uganda’s national budget, read on June.14, has drawn mixed reactions from various players, with manufacturers partly welcoming it but the civil society …

NSSF in partnership with VISA and Centenary Bank unveiled the smartcard for its member, a first in Sub-Saharan Africa. Thembeka Ngugi, Senior Director, Marketing – Sub Saharan Africa, Visaspoke to The Independent about the latest innovation and the digital transaction space. ****** What does this partnership between VISA, NSSF and …