Kampala, Uganda | THE INDEPENDENT | Bank of Africa’s Managing Director, Arthur Isiko, has tipped Small and Medium Enterprises (SMEs) on access to finance as a key aspect for business growth. Isiko was speaking at a business forum hosted by the Bank at Tick Hotel in Kawempe, a Kampala suburb on …
Read More »Crested Capital named ‘Broker of the year’
Kampala, Uganda | THE INDEPENDENT | At the Uganda Securities Exchange 20th anniversary celebrations that took place in Kampala recently, brokerage firm, Crested Capital was awarded the “Broker of the Year”. This meant it was the overall best broker in 2017 for key performance indicators of turnover, deals and volumes …
Read More »Makerere University bursar resigns
Kampala, Uganda | THE INDEPENDENT | Makerere University bursar Augustine Tamale has resigned. In his notification, dated April 20, 2018, Tamale said that he will leave office at the end of June this year. “The purpose of this letter is to give a notice of resignation from the position …
Read More »India tops world remittance payments, Uganda at $1.3 billion
Remittance payments hit record in 2017: World Bank Washington, United States | AFP | Payments from immigrants back to their home countries rebounded to reach a new record in 2017 but the costs of transferring funds also increased, the World Bank said Monday. Uganda’s remittance inflows improved from $1.1 billion …
Read More »Optimism as govt, investors sign refinery deal
Agreement seen as a key step towards the construction of $4bn facility Kampala, Uganda | RONALD MUSOKE | On April 10, Uganda moved closer to building a $4bn oil refinery in Hoima following the signing of an agreement between the government and a consortium of companies led by U.S giant, General …
Read More »Why BoU sells banks cheaply
Auditor General spills secrets of Coop Bank, Greenland Bank Kampala, Uganda | HAGGAI MATSIKO | On March.23, Auditor General (AG) John Muwanga wrote a confidential note to the Governor of the Central Bank, Emmanuel TumusiimeMutebile. The note a copy of which The Independent has seen is titled Draft report of the …
Read More »Thinking succession in Uganda
Why the failure of a third force has locked us in a choice between Museveni and Besigye THE LAST WORD | Andrew M. Mwenda | In debating whether President Yoweri Museveni should go or stay we are not indulging in an abstract theoretical exercise but a challenge of practical politics. …
Read More »Employers asked to maintain occupational safety and health standards
Kampala, Uganda | THE INDEPENDENT | The Gender, Labour and Social Development Ministry, has called upon all employers in the country to promote occupational safety and health of their employees to avoid disease associated with poor conditions. The call came during the fourth occupational safety and health marathon held on …
Read More »MUSEVENI: Peace key to sports success
Entebbe, Uganda | THE INDEPENDENT | President Yoweri Museveni has celebrated Uganda’s success at the just concluded Commonwealth Games, saying, sportsmen have been able to flourish because of long time peace in the country. “For those who are saying that we (Government) are harvesting where we didn’t sow, …
Read More »Airtel contributes Shs50million for Kabaka
Kampala, Uganda | THE INDEPENDENT | As part of its five-year partnership with Buganda Kingdom, on April 10, Airtel Uganda handed over Shs 50 million to support the birthday celebrations of the Kabaka of Buganda, Ronald Muwenda Mutebi. The company’s partnership with Buganda Kingdom supports four of its main annual activities …
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