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Tag Archives: Uganda

Stanbic Uganda announces 2020 financial results

  ✳ Loans and advances grew by 27% from Sh2.8 trillion (2019) to Sh3.6 trillion (2020) ✳ Customer deposits increased by 16% from Sh4.7 trillion (2019) to Sh5.4 trillion (2020) ✳ Profit After Tax was Sh242 Billion (2020) down from Sh259 Billion (2019) largely due to the impact of Covid-19 Pandemic on client …

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Improving district local revenue

New cohort of local government leaders need to think about getting revenue from local tourism COMMENT | WALTER AKENA | In May 2021, a new cohort of local government elected leaders will be sworn-in to drive the local development agenda for the next five years through policy formulation, resource mobilisation …

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Sudhir’s new condominium property launched

This comes at a time the property market is slowly recovering from coronavirus pandemic hit   Kampala, Uganda | JULIUS BUSINGE | Kampala has an additional condominium property that is open for those searching for high end homes with services that meet their living expectations – Bukoto Living Condo Project. …

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PLE: Rain, rain, go away

Heavy rains disrupt start of PLE, late start expected in many places Kampala, Uganda | THE INDEPENDENT | Heavy rains have this morning disrupted the start of the Primary Leaving Examinations-PLE in different parts of the country.  At many examination storage centres, there were no teachers to receive the materials. …

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Former UTODA boss Haji Musa Katongole is dead

Kampala, Uganda | THE INDEPENDENT | Hajji Musa Katongole, the former chairman of the now defunct Uganda Taxi Owners and Driver’s Association (UTODA) is dead. Katongole who has been sick and admitted at TMR Hospital in Naalya, a Kampala suburb for several days was pronounced dead this morning. It is …

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NUP MPs-elect to meet over Speaker election

Kampala, Uganda | THE INDEPENDENT | The National Unity Platform (NUP) party is set to have a retreat with its MPs-elect to decide who they will be supporting to the position of speaker and deputy speaker of parliament. Speaking to reporters today leaders of NUP led by John Baptist Nambeshe, …

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