STATEMENT: Ministry of Gender, Labour and Social development on the Occasion to Mark the International Labour Day, 2021 LABOUR DAY 2021 🇺🇬 | The Covid-19 pandemic has had profound impact on economies around the world. Labour Markets have been severely impacted as a result of the containment measures. Not …
Read More »URSB: Commercializing intellectual property while creating employment
LABOUR DAY 2021 🇺🇬 | As Uganda celebrates the International Labour Day on 1st May, the Uganda Registration Services Bureau (URSB) celebrates the Workers of Uganda for being the champions of our nation’s national development. At the national level, the theme earmarked for the International Labour day celebrations falls within …
Read More »COVID VARIANT: Uganda bans flights from India
Travelers from US, UK, UAE, Turkey, South Africa, Ethiopia, South Sudan and Tanzania will also be subjected to PCR COVID-19 tests Entebbe, Uganda | THE INDEPENDENT & URN | All passenger flights between Uganda and India have been suspended as a control measure against a deadly new COVID-19 variant. No …
Read More »Magogo scores own goal
Can the FUFA president get a third term after Uganda Cranes fallout over unpaid allowances, disrespect? COMMENT | IAN KATUSIIME | The curse that haunts presidents seeking a third term in Uganda seems to have come for Moses Magogo, the president of Federation of Uganda Football Associations (FUFA). Magogo, as …
Read More »Othieno Mayende is new Chairman of KCB Bank 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, …
Read More »‘Indian COVID-19 variant in Kampala’
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 …
Read More »Absa Bank records nearly 50% drop in net profit to Shs40bn
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 …
Read More »OKO raises $1.2 million to bring innovative insurance to smallholder farmers in Africa
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 …
Read More »CSOs proposals for the 2021/22 budget
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 …
Read More »US visa ban: Museveni stuck with diplomatically damaged goods
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, …
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