Experts say true infections on the continent are 97 times larger than reported confirmed cases | THE INDEPENDENT | Up to 65% of Africans have been infected by SARS-CoV-2, the virus which causes COVID-19, a World Health Organisation (WHO) analysis finds. The study finds that true infections on the continent …
Read More »Have good personality, age better
New research shows your specific personality traits may directly impact your brain health as you age | THE INDEPENDENT | According to new research published in the `Journal of Personality and Social Psychology’, people with certain personality traits may be more likely to experience cognitive decline as they grow older. …
Read More »Uganda Clays Ltd boosts shareholders with Shs1.35bn dividend
The company registered growth in profit for the second consecutive year amidst COVID-19 pandemic Kampala, Uganda | ISAAC KHISA | Uganda Clays Limited reported a sharp increase in annual profit for 2021 and has promised to return Shs 1.35 billion to shareholders as dividends subject the annual general meeting approval. …
Read More »â€˜Pace of Uganda’s critical oil and gas infrastructure impressive’
Oil projects expected to spur other sectors of the economy Kampala, Uganda | RONALD MUSOKE | The government is impressed by the pace at which the critical infrastructure necessary for oil production that is now scheduled for the first quarter of 2025 is moving, said Ramathan Ggoobi, the Permanent Secretary …
Read More »Equity signs MoU with Uganda National Oil Company
| THE INDEPENDENT | Equity Bank Uganda and the Uganda National Oil Company on April.13 signed a Memorandum of Understanding to facilitate and strengthen collaboration between the two entities in the areas of financing and enterprise development specifically for medium and small enterprises. The areas covered in the MoU include; …
Read More »New report hints on Uganda’s tax opportunities
URA should make personal income taxes more progressive by raising PAYE entry threshold Kampala, Uganda | JULIUS BUSINGE | A new report published by Oxfam, Southern and Eastern Africa Trade Information and Negotiations Institute and other non-governmental organisations has identified gaps related to gender taxation, policy and administration, and that …
Read More »ABSA Uganda profit more than double but credit demand takes a hit
The lender is seeking opportunities for collaboration while becoming more agile to serve customers beyond traditional banking Kampala, Uganda | ISAAC KHISA | ABSA Bank Uganda, a subsidiary of ABSA Group, a financial services conglomerate based in South Africa, has seen its profit more than double riding on the rebound …
Read More »How Museveni outsources violence to stay in power
How the state weakens competition and maximises control Kampala, Uganda | THE INDEPENDENT | Around midnight in June 2014, in a village in northern Uganda, an unarmed 37-year-old man was shot in the back as he fled from a police officer. He died hours before he was found, lying face …
Read More »Kagadi lion killing
Why shooting, skinning and sharing of lion meat sent shockwaves among local conservationists Kampala, Uganda | RONALD MUSOKE | On April 8, a stray juvenile lion that had spent days killing and eating people’s livestock in several villages in the western Uganda district of Kagadi was shot dead by soldiers …
Read More »Old fights haunt ‘new’ AU Somalia mission
On April 1, the African Union Transition Mission in Somalia (ATMIS) became the official name of the 15-year peace keeping mission called AMISOM. However little has changed about its challenges Kampala, Uganda | IAN KATUSIIME | ATMIS was authorised by the African Union Peace and Security Council Communique of the …
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