✳ Loans and advances grew by 27% from Sh2.8 trillion (2019) to Sh3.6 trillion (2020) ✳ Customer deposits increased by 16% from Sh4.7 trillion (2019) to Sh5.4 trillion (2020) ✳ Profit After Tax was Sh242 Billion (2020) down from Sh259 Billion (2019) largely due to the impact of Covid-19 Pandemic on client …

✳ Mpango’s Career ▪ 1980-1980 Public relations assistant, National Provident Fund ▪ 1980-1981 Research assistant, Elimu Supplies Ltd ▪ 1984-1988 Economist, Ministry of Labor ▪ 1988-2002 Economics Lecturer Dar-es-Salaam University ▪ 2002-2006 Senior Economist World Bank ▪ 2007-2009 Economic advisor to the President, President’s Office ▪ 2009-2010 Deputy Permanent Secretary, Ministry …

Dar es Salaam, Tanzania | THE INDEPENDENT | The Tanzanian Finance Minister who was last month struggling for his life at Benjamin Mkapa hospital in Dodoma, has been nominated by President Samia Suluhu to become the country’s next Vice President. Suluhu nominated Dr Philip Isdor Mpango to Tanzania’s Chama Cha …

Kampala, Uganda | THE INDEPENDENT | Two enforcement officers from Uganda Revenue Authority –URA attached to Arua Customs were airlifted to Kampala on Monday evening after being beaten into coma by suspected residents of Yobuyia cell in Ayivu East Constituency Arua City. Residents ganged up against the duo on Sunday …

Heavy rains disrupt start of PLE, late start expected in many places Kampala, Uganda | THE INDEPENDENT | Heavy rains have this morning disrupted the start of the Primary Leaving Examinations-PLE in different parts of the country.  At many examination storage centres, there were no teachers to receive the materials. …

Kampala, Uganda | THE INDEPENDENT | Hajji Musa Katongole, the former chairman of the now defunct Uganda Taxi Owners and Driver’s Association (UTODA) is dead. Katongole who has been sick and admitted at TMR Hospital in Naalya, a Kampala suburb for several days was pronounced dead this morning. It is …

Entebbe, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni’s social media team is testing ‘a no reply’ feature on his twitter handle. This is the first time that the president’s account which has been in existence for 10yrs  has closed a tweet from direct replies. Twitter introduced the option of …

Jinja, Uganda | THE INDEPENDENT | The speaker of parliament, Rebecca Kadaga has lined up three law firms to defend her re-election as Kamuli District Woman Member of parliament. Kadaga’s re-election is being challenged by her rival, Salaam Proscovia Musumba, the Forum for Democratic Change Vice President. As a result, …

Kampala, Uganda | THE INDEPENDENT | The National Unity Platform (NUP) party is set to have a retreat with its MPs-elect to decide who they will be supporting to the position of speaker and deputy speaker of parliament. Speaking to reporters today leaders of NUP led by John Baptist Nambeshe, …

Mbale, Uganda | THE INDEPENDENT | Police and the military today deployed heavily at Mutoto cultural site located in Industrial city division in Mbale city after learning that the coronation function of Amuram Wagabyalile, the new elected Masaba cultural leader, is going to take place from there. According to Rogers …