PSFU hosts a High-Level Public-Private Policy Dialogue on the status of the East Africa Community integration process on investments and job creation Kampala, Uganda | THE INDEPENDENT | First Deputy Prime Minister Rebecca Kadaga has urged the Uganda government and the private sector to focus on tapping into the DRC …
Read More »Twitter adopts “poison pill” after Musk’s acquisition intent
San Francisco, U.S. | Xinhua | Twitter, Inc. on Friday announced that its Board of Directors has unanimously adopted a limited duration shareholder rights plan following an unsolicited, non-binding proposal to acquire Twitter by Tesla CEO Elon Musk. The Rights Plan, often called the “poison pill”, will reduce the likelihood that …
Read More »Elon Musk offers to buy Twitter for 43 bln USD
San Francisco, U.S. | Xinhua | A filing with the U.S. Securities and Exchange Commission (SEC) on Thursday showed that Elon Musk has made an offer to buy Twitter. The billionaire has said he is willing to pay 54.20 U.S. dollars per share to buy 100 percent of the company. The …
Read More »Absa Uganda shows top bank status with sh110 billion profit
Kampala, Uganda | THE INDEPENDENT | Absa Bank has reinforced its position as one of the leading banks in Uganda after a record year that saw them hit a profit mark of over sh100billion for the first time. Absa Uganda financial results for the year ending December 2021 released on Monday …
Read More »Integrating Tech in SMEs can boost their sustainability
COMMENT | NOELA BYUMA | Small and Medium Enterprises (SMEs) play a critical role in economic development by creating employment and tax-generating avenues for the population and governments. They form both forward and backward linkages for manufacturing and services. Across the global south, the Small and Medium Enterprises hold most of …
Read More »Seed Schools fail to conduct computer lessons
Lukaya, Uganda | THE INDEPENDENT | The absence of competent teachers, connectivity to power and organised laboratories is failing the teaching of computer sciences in Seed Schools. Lukaya and Bukakata Seed Secondary schools in Kalungu and Masaka District respectively have failed to conduct computer lessons, which are compulsory for learners in lower …
Read More »Tech experts urge enterprises to adopt cloud technologies
Kampala, Uganda | THE INDEPENDENT | Experts in the technology sector have urged local enterprises to opt for advanced systems to match the demands of the evolving business environment. Farouk Semambya, an Information Technology (IT) Architect at MTN Uganda says cloud computing technologies allows enterprises to introduce new ways …
Read More »Victims of China plane crash mourned
Nanning, China | Xinhua | A memorial event was held Sunday at the crash site of the China Eastern Airlines plane to mourn the deaths of the 132 people involved in the accident. At about 2 p.m., as the sound of horns blared throughout a mountainous area in Tengxian County, …
Read More »Blinken: Israel, US to cooperate to prevent nuclear-armed Iran
Jerusalem, Israel | Xinhua | Israel and the United States will “work together” to prevent Iran from acquiring nuclear weapons despite their disagreements over the emerging nuclear deal, Israeli Foreign Minister Yair Lapid said Sunday after meeting with U.S. Secretary of State Antony Blinken. “We have disagreements between us about …
Read More »Arua residents query performance of CCTV cameras
Arua, Uganda | THE INDEPENDENT | Resident of Arua have raised concerns about the state of Closed Circuit Television Cameras (CCTV) installed in the city amidst rising theft cases. They say that the number of unresolved street crimes indicate that the cameras may not be operating as expected. The installed …
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