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Afreximbank records US$315million in net profit

Kampala, Uganda | Isaac Khisa | The African Export-Import Bank (Afreximbank) has released its audited financial statements for the year ended 31 December 2019, showing strong and consistent growth, with total comprehensive income of $324.2 million. The results, which reflected a net income of $313.3 million, 14.3 percent increase over the 2018 …

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ERA cuts electricity prices for domestic consumers

Kampala, Uganda | THE INDEPENDENT | The Electricity Regulatory Authority-ERA has reduced power prices for domestic consumers. Between April and June 2020, Ugandans will consume electricity by at least one shilling less than what they paid in the quarter between January to March 2020. According to the ERA, domestic users – …

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People Power Deputy Leader to focus on grassroot mobilisation

Kampala, Uganda | THE INDEPENDENT | The newly appointed Deputy leader of the People Power Movement has said she will focus on building grass-root support. Dr. Lina Zedriga Waru, a renowned activist was unveiled on Wednesday as Deputy to Kyadondo East MP Robert Kyagulanyi Ssentamu, also known as Bobi Wine. …

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Budget Committee disagrees with gov’t on sector allocations

Kampala, Uganda | THE INDEPENDENT | The Budget Committee of Parliament has clashed with the Minister of State for Planning David Bahati over what they described as unrealistic budget allocations to the Health and Agriculture sectors. Bahati was appearing before the committee to present revised budget estimates for the coming …

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UVRI considers using cobas system to test more COVID-19 samples

Kampala, Uganda | THE INDEPENDENT | Uganda Virus Research Institute-UVRI is considering using the Roche Cobas 6800/8800 system to test coronavirus samples. Prof. Pontiano Kaleebu, the Executive Director Uganda Virus Research Institute, says the Roche Cobas 6800/8800 system will enable them test between 340- 950 samples within 8 hours. This …

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Wakiso business committee refuses to scrutinize budget over arrears

Kampala, Uganda | THE INDEPENDENT | Wakiso district business committee has refused to process the district budget for financial year 2020/2021 due to outstanding arrears. Last week, Raphael Magezi, the Local Government Minister advised that as the country is still under lockdown with a ban on public gatherings, members of …

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Police arrest city trader suspected of aiding phone thefts

Kampala, Uganda | THE INDEPENDENT | A city phone trader and technician, Ivan Seguya has been arrested by crime intelligence on allegations of aiding phone thefts. Seguya’s arrest came after one of the suspects Charles Ocheme was apprehended by an intelligence team attached to Kabalagala police division. Deputy Kampala Metropolitan …

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Two more marine officers remanded for abuse of office

Kampala, Uganda | THE INDEPENDENT | Two more police marine officers have appeared before Buganda Road Magistrate’s Court for abuse of office. They are Sergeant Christopher Kyebogola and Police Constable David Mungoma both attached to Kasenyi police marine detach in Katabi town council in Wakiso district. The two, who have …

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Soroti hospital steps up COVID-19 screening services

Kampala, Uganda | THE INDEPENDENT | Management of Soroti Regional Referral Hospital has stepped up covid-19 screening services. Since Monday, all visitors and patients accessing the hospital are screened at the gate immediately they finish washing hands. The hospital management has erected a small tent at the gate to check …

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