Mali’s President Keita hails Museveni as Ocheger lands in Mali Bamako, Mali | THE INDEPENDENT | Mali’s President Ibrahim Boubacar Keita has hailed his Ugandan counterpart, President Yoweri Museveni as a true Pan Africanist committed to the development and integration of the African continent. Keita made the remarks after receiving …
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Kampala, Uganda | THE INDEPENDENT | The Uganda National Roads Authority (UNRA) has impounded 129 trucks in one month as it starts implementation of new regulations to control overloading on Ugandan roads. Overloading fees of Sh3.5 billion has also been imposed on the truck owners as UNRA changes to issuance …
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Kampala, Uganda | JULIUS BUSINGE | On March 6, the World Cup Trophy, valued at US$10 million (Ushs 36bn), spent most hours of the day at Lugogo Cricket Oval where hundreds of people got a chance to get closer to it and have a photo opportunity. Women, men, youths stood in …
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The new move will see the lender venture into non-banking business Kampala, Uganda | ISAAC KHISA | Uganda’s largest lender, Stanbic Bank Uganda, is finalising plans to become a Bank Holding Company (BHC), a step that would enable it access funding more easily but also tighten capital requirements and regulatory oversight. …
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Kampala, Uganda | THE INDEPENDENT | Government has shelved plans to liberalize the pension sector and will instead amend the National Social Security Fund (NSSF) Act Cap 222. According to the proposals in the National Social Security Fund Amendment Bill, 2018 to be tabled soon in parliament, NSSF will retain its …
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USD9.4m Trade infrastructure at Mpondwe border to boost Uganda’s exports to DR Congo Kampala, Uganda | GODFREY SSALI | The Democratic Republic of Congo is one of Uganda’s export destinations ranking number three within the COMESA region. Uganda’s exports to DR Congo are valued at USD177m and these are mainly …
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Kampala, Uganda | ISAAC KHISA | The European Investment Bank (EIB) has extended US$29.6million (€24million) loan to two local banks for financing small and medium sized firms in Rwanda. The bank signed the US$19million loan with the Development Bank of Rwanda and another one with I&M Bank of Rwanda at US$10milllion. …
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Kampala,Uganda | GODFREY SSALI | The High Court in Kampala Monday heard that several suspects confessed that Austrian based cardiologist Dr. Aggrey Kiyingi was supporting rebel activities of the Allied Democratic Force, under the leadership of captured Jamil Mukulu. This during the hearing of the treason case against 19 people including Dr. Kiyingi’s …
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Kampala, Uganda | ISAAC KHISA | Joram Nyanzi is the managing director of Kenlloyd Logistics Uganda Ltd. He spoke to Isaac Khisa about the performance and prospects of the region’s logistics industry. What is your management style as the managing director? I am a strong believer in human resource in an …
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NMS innovates as critics call for improved forecasting drug needs Kampala, Uganda | FLAVIA NASSAKA | A Feb.12 Ministry of Health announcement that expired drugs to the tune of 1500 tons in stores at 6619 health facilities across the country would be incinerated has incensed many. Critics wonder how such a …
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