Tag Archives: Uganda

  Kampala, Uganda | THE INDEPENDENT | KCB Bank Uganda Limited has appointed Constant Othieno Mayende its chairman Board of Directors. Othieno Mayende will replace Aga Sekalala Jr, whose term recently came to an end. Othieno Mayende has over 23 years’ experience in banking, strategy formulation, business development, financial management, …

Kampala, Uganda | THE INDEPENDENT | The Uganda Virus Research Institute (UVRI) has detected the Indian COVID-19 variant in Kampala. According to officials from the Ministry of Health, the variant also referred to as -B.1.617 was detected from travelers returning from Indian. The variant was picked up after the travelers …

However, the lender remains strong with its capital growing up to 23%, higher than 12.5% regulatory cap Kampala, Uganda | JULIUS BUSINGE | Absa Bank Uganda Ltd saw its net profit sharply drop by nearly 50% from Shs78bn in 2019 to Shs40bn in 2020 as coronavirus pandemic took toll on …

The tech-firm aims to strengthen its presence in Uganda and Mali and expand its offerings to more markets on the continent | THE INDEPENDENT | OKO, an Insurtech start-up that provides inclusive agricultural insurance to secure farmers’ income across Africa, has closed a Seed investment of $1.2 million. The round …

Low absorption of loans has led to an increase in the cost of loans hence leading to low returns on public investments Kampala, Uganda | JULIUS BUSINGE | Increasing finance towards the social sectors will improve the livelihoods and incomes of most households as envisaged in the National Development Plan …

Museveni stuck with ‘diplomatically damaged goods’ Kampala, Uganda | IAN KATUSIIME | Since the U.S. government announced visa restrictions on unnamed top Ugandan officials on April 16, the main question among Uganda’s ruling class has been “who is on the unwanted list?”. Political commentator and outspoken Makerere University Kampala don, …

  Nakasongola, Uganda | THE INDEPENDENT | The Food and Agriculture Organization of the United Nations (FAO) has encouraged government and the Uganda Veterinary Association (UVA) to ensure the services of animal health personnel reaches out to the common person at the grass roots. This, FAO suggests, can be done by …

Why experts are focusing on new forests to save the old forests Kampala, Uganda | RONALD MUSOKE | Zoka Central Forest Reserve, a small 1,259 hectare tropical forest found in Adjumani District in northwest Uganda, was first gazetted as a central forest reserve in the 1940s. Part of the bigger …

  Busia, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) officers have impounded over 30 Kenyan registered trucks for smuggling goods at Busia border. The trucks were impounded while crossing porous points at two villages of Sofia and Marachi in Eastern division of Busia municipality. Most of the trucks were …

  What is govt hiding? Kampala, Uganda | RONALD MUSOKE | Hussein Lumumba Amin, a renowned socio-political analyst, recently ignited debate on one of Uganda’s most sensitive subjects since Uganda discovered commercially viable oil reserves in 2006: What exactly will be Uganda’s share of its oil resource when production finally …