Company expects more revenue from government’s free connection policy Kampala, Uganda | JULIUS BUSINGE | Power distributor, Umeme Limited recorded a 70% jump in profit after tax for the year ended December 2018 compared to the previous year. This came after the company settling a conflict regarding a specific clause …
Read More »Behind dfcu’s 52% decline in net profit
Top managers are optimistic the future of the business is bright Kampala, Uganda | JULIUS BUSINGE | Shareholders of dfcu would be happier if the bank’s financial accounts showed a decline in costs and increase in revenue. This is not the case for the financial year 2018. However, dfcu’s …
Read More »Uganda Airlines firms up orders for Airbus A330neo
Kampala, Uganda | THE INDEPENDENT | Uganda Airlines, the national carrier of Uganda, has firmed up its order for two A330-800 airliners, the latest version of the most popular A330 widebody airliner. They become only the second airline to own the new aircraft. Kuwait Airways is the only other customer …
Read More »How ‘unity’ died in Uganda
Remembering the Moshi Spirit of the 1979 liberation war Kampala, Uganda | THE INDEPENDENT | This week marked 40 years since a combined force of armed groups of Ugandan exiles under the Uganda National Liberation Front/Army (UNLF/A) and the Tanzania Peoples Defence Forces (TPDF) toppled the government of then-president of …
Read More »Museveni succession
Why NRM doesn’t want to talk about it Kampala, Uganda | HAGGAI MATSIKO | In 2021 when Uganda goes to the next polls, President Yoweri Museveni will be 77 years. At the next polls in 2026, he will be 82 years and possibly one of the oldest state leaders in …
Read More »American tourist rescued after Queen Elizabeth Park kidnap
Kampala, Uganda | THE INDEPENDENT & AFP | Reports just in indicate that Kimberly Sue Endicott, an American who was kidnapped for ransom last week in Queen Elizabeth National Park, has been released safely along with her guide Jean Paul Mirenge. According to US website ABC7.com, “the release came after a …
Read More »Cheptegei is Uganda’s best
Uganda’s Sports Personality of the year 2018 Joshua Cheptegei Past Sports Personality Recipients 1974- Polly Ouma (Football) 1983-Ruth Kyalisima (Athletics) 1987-Justin Arop (Javelin) 1988-She Cranes (Netball) 1989-Uganda Cranes (Football) 1990-Uganda Cranes (Football) 1991-Fred Muteweta (Boxing) 1992-Francis Ogola (Athletics) 1993-Rosette Musoke (Table Tennis) 1994-Julius Acon (Athletics) 1995-Railways Handball Team (Handball) 1996-Davis …
Read More »‘Uganda’s population now at 40 million’
Kampala, Uganda | THE INDEPENDENT | Uganda’s population has hit the 40 million mark, according to government statistics agency Uganda Bureau of Statistics (UBOS). According to UBS projections, Uganda’s population his the 40 million mark on Thursday at 4:00AM. This according to their population clock which updates growth hourly. The …
Read More »Fight over proposed sugar bill
Big sugar producers insist government must incorporate zoning clause Kampala, Uganda | PATRICIA AKANKWATSA | The fight over the proposed Sugar Bill 2016 seems to be far from over as President Yoweri Museveni promises to return it back to Parliament barely four months since it was passed in November …
Read More »Museveni’s dream on the economy
Expert views on how the economy could be put on the right growth path Kampala, Uganda | JULIUS BUSINGE | There is a general consensus that Uganda’s economy has recently improved and now is doing well. This is coming from highly respected institutions like the International Monitory Fund, World Bank, …
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