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I&M Bank Uganda reports 77% profit growth, strong financial performance in 2024

Kampala, Uganda | THE INDEPENDENT | I&M Bank Uganda delivered a robust financial performance for the year ended 31 December 2024, as the institution reported significant growth across key financial metrics, including profit after tax, total assets, total revenue, net loans and advances, customer deposits, and shareholders’ equity. The bank’s success came amid strong national economic indicators, with Uganda’s GDP …

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WHO warns of anthrax outbreak in DRC

Kabale, Uganda | THE INDEPENDENT | The World Health Organisation (WHO) is intensifying emergency response efforts to control an outbreak of anthrax in the Democratic Republic of Congo. In a statement released on Thursday, WHO reported that 16 suspected and one confirmed human cases of the disease have been recorded …

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Brig Gen Ssemwanga: UPDF not leaving Somalia soon

Mogadishu, Somalia | THE INDEPENDENT | The Uganda People’s Defence Forces (UPDF) contingent in Somalia will not be withdrawn soon because they still need to support the Somalia National Army (SNA) and the government to fight Al-Shabaab terrorists, according to Brig Gen Joseph Musoke Ssemwanga. Brig Ssemwanga, who was meeting …

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African Union resumes Gabon’s membership

ADDIS ABABA/LIBREVILLE | Xinhua | The Peace and Security Council (PSC) of the African Union (AU) on Wednesday announced the reinstatement of Gabon to the union’s family. Gabon’s reinstatement came after the council in its 1,277th meeting reviewed the country’s political transition and processes, which were found to be “generally …

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SADC forces start withdrawing from North Kivu

Kigali, Rwanda | THE INDEPENDENT | Southern African Development Community (SADC) forces, who were defeated by the March 23 Movement (M23) rebels in Goma City in DRC and neighbouring areas, have started withdrawing from North Kivu. Following the fall of Goma city in January 2025, SADC troops remained stationed in …

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DR Congo, Rwanda agree draft peace deal in Washington

KINSHASA | Xinhua | The Democratic Republic of the Congo (DRC) and Rwanda signed a Declaration of Principles in Washington, the United States on Friday, marking a significant step toward restoring peace in eastern Congo, a region long plagued by conflict. The declaration was signed by DRC Foreign Minister Therese …

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