Bank of Baroda has recorded a 38% drop in net profit to Shs 45.3bn for the year ended Dec. 2019 but the management hope for better performance in future as it embarks on massive digitalisation. Kampala, Uganda | ISAAC KHISA | The bank’s latest financial performance also shows that whereas …
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Shareholders will now not be able to vote on resolutions such as dividend payments, changes to directorships, approval of accounts within stipulated timeframe Kampala, Uganda | ISAAC KHISA | Uganda’s listed firms had big plans for their annual shareholders meeting (AGM) starting next month, giving opportunities to their owners and …
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COMMENT | Jonas Mbabazi | In Uganda, as of April 24, 2020, there were 75 confirmed cases of COVID-19, 46 of these have recovered and none has died. The shocks from the coronavirus pandemic have been sudden and unprecedented. Within a few months, many businesses, government offices, markets, public and …
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Survey shows Uganda response leading in Africa Kampala, Uganda | THE INDEPENDENT | A study of the response of Sub-Saharan governments to the spread of the Corona virus disease COVID-19 sweeping across the globe has ranked Uganda higly. The survey by GeoPoll which is the world’s largest mobile survey platform …
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The comedy, corruption, and politics Kampala, Uganda | JOSEPH WERE | As the response to the Corona virus disease COVID-19 tests the leadership skills of heads of state and government across the world, President Yoweri Museveni has so far performed very well according to most observers who have spoken to The …
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FIFA to give members $150m to support overcome COVID-19 effects Lausanne, Switzerland | AFP | FIFA will release $500,000 (Ush 2billion) to each national football governing body to help handle financial troubles caused by the coronavirus, the global body said on Friday. FIFA will release a total $150 million (139 million euros) …
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🔹11 new cases, all truck drivers. 🔹 6 from Tanzania 🔹 5 from Kenya ✳ 17,388 tests ✳ 74 confirmed cases ✳ 46 recoveries ✳ 29 active cases ✳ 0 deaths Kampala, Uganda | THE INDEPENDENT & URN | President Yoweri Museveni has said ministry of health officials are discussing …
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Dr. Mary Goretti Kitutu, the Minister of Energy and Mineral Development noted in a short statement released yesterday that: “The agreement is a significant milestone in Uganda’s oil and gas sector and is a critical development that takes the sector towards the final investment decision (FID) that the country is …
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🔹11 new cases, all truck drivers. 🔹 6 from Tanzania 🔹 5 from Kenya ✳ 17,388 tests ✳ 74 confirmed cases ✳ 46 recoveries ✳ 29 active cases ✳ 0 deaths Malaba, Uganda | THE INDEPENDENT | With six Kenyan and five Tanzanian truck drivers testing positive on Friday, Ugandan …
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Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY The truth about the COVID-19 food fights: The comedy, corruption, and politics ANALYSIS Delivering education online: Coronavirus underscores what’s missing in Africa BUSINESS Big deal: Tullow Oil to exit Ugandan market, sales its …
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The Independent Uganda: You get the Truth we Pay the Price