NEWS

The lender’s cost cutting strategy delivered good returns Kampala, Uganda | ISAAC KHISA | Uganda’s largest commercial bank, Stanbic Bank, seem to have surprised its investors with a 7% growth in net profit to Shs 215bn in 2018, closing out the year that the banking industry generated some Shs 700bn …

Kampala, Uganda | THE INDEPENDENT | The Committee on Commissions Statutory Authority and State Enterprise-COSASE has grilled Uganda Revenue Authority-URA officials led by the Commissioner General, Doris Akol to explain the disappearance of 9000 litters of petrol under their custody. The URA officials appeared before COSASE chaired by the Kawempe South …

Kampala, Uganda | THE INDEPENDENT | The defence has closed its submissions in the case of 10 members of Boda Boda 2010 Association. The members are charged with unlawful possession of military equipment. They were arrested last year from Vine Hotel Wakaliga. It is alleged that 55 rounds of ammunition, a …

Kanungu, Uganda | THE INDEPENDENT | Two men have been arrested and are in custody as Uganda’s security continues the hunt for the four kidnappers of US tourist Kimberly Sue Endicott at Queen Elizabeth Park last week. Police spokesperson Fred Enanga confirmed to URN that there were some arrests made in …

Kampala, Uganda | THE INDEPENDENT | Rally driver Ponsiano Lwakataka has been granted bail. Lwakataka and eight others were arrested in January for malicious damage to property and criminal trespass. He is accused of breaking George Kawooya’s fence and demolishing his house on a 2-acre piece of land in Kiwanga …

Kampala, Uganda | THE INDEPENDENT | Kasese district leaders have welcomed the approval of a plan to redevelop and rehabilitate Kilembe Mines in Kasese. Last week, cabinet approved the redevelopment plan of the mines which, among other things, calls for the expeditious sourcing of potential investors in the copper mines. Kilembe …

Kampala, Uganda | THE INDEPENDENT | Licenses of traders attempting to export substandard horticultural products will be revoked in order to protect Uganda’s export interests. The measure was unveiled this morning by the Ministry of Agriculture, Animal Industry and Fisheries following a stern warning from the European Union about declining standards …

  Kampala, Uganda | THE INDEPENDENT | The Fall Armyworm has been devastating the maize crop since 2016. Scientists hop that biological control method will minimize the use of synthetic insecticides and reduce harm to the environment Insect scientists within Africa including neighbouring Kenya say they have discovered a biological weapon …

Kampala, Uganda | THE INDEPENDENT | Lower level health Centres in Uganda do not have the ability to detect, manage and treat Non-Communicable Diseases. This is according to a study carried out by the Uganda Non-Communicable Diseases Alliance-UNCDA, an umbrella body that brings together the Uganda Cancer Society, Uganda Heart …

Kampala, Uganda | THE INDEPENDENT | Veteran New Vision journalists Elvis Basudde Kyeyune and Jeff Andrew Lule were injured in a road accident at Lugogo, along the Kampala-Jinja Highway as a heavy downpour hit Kampala this morning. Traffic flow was paralyzed for more than two hours at Lugogo -Industrial junction after …