VIDEO: Government has today launched the “Buy Uganda, build Uganda” policy and the implementation strategic plan. This comes in a time when a free trade market seems to be doing harm to Uganda’s economy that is facing trade imbalance of $3million. This has been a wake up call to government …
Read More »VIDEO: Kagina, Musisi appear before COSASE
VIDEO: Beneficiaries of the presidential hand shake bonanza including UNRA Boss Allen Kagina, KCCA ED Jennifer Musisi and the former Energy PS Kabagambe Kaliisa have denied ever asking for a reward from President Yoweri Museveni as earlier alleged by the movers of the motion. They say, although President Yoweri Museveni didn’t …
Read More »VIDEO: 40 illegal immigrants arrested
VIDEO: Over 40 foreign nationals said to be illegally working in several places in Kampala have been arrested by officials from Immigration Department. The suspects were arrested from several companies in the Ruparelia Group. The alleged illegal immigrants were found in classrooms pretending to be pupils, others were cleaning the …
Read More »VIDEO: CAF clears St. Mary’s Stadium for continental games
VIDEO: The continental soccer governing body CAF has approved St Mary’s stadium in Kitende to start hosting international matches.The stadium will be used as a home ground for Vipers Sports Club. Vipers next play South African club Platinum Stars this month. Share on:
Read More »Five trends at Mobile World Congress
Barcelona, Spain | AFP | The phone industry’s largest annual trade fair, the Mobile World Congress which wrapped up in Barcelona on Thursday, was dominated by fast-charging phone batteries, virtual reality and connected objects, from toothbrushes to cars. LONGER LASTING BATTERIES AND FAST CHARGING Several phonemakers unveiled new smartphones with …
Read More »MUSEVENI: There is no reason for conflict over River Nile
Entebbe, Uganda | THE INDEPENDENT | President Yoweri Museveni has said Uganda has not yet ratified the “Nile Agreement” on the use of the River Nile waters, as it is pursuing a maximum consensus on the issue. He said the disagreement between Egypt and other nations on the River Nile …
Read More »VIDEO: Ugandans urged to take up family insurance
VIDEO: Whereas insurance penetration in Uganda remains low at 0.85 percent, insurance companies say there are some products of insurance that should be looked at as a must have such as life insurance. Arjun Malik the Chief Executive officer at Prudential insurance says there is nothing that gives a family a …
Read More »VIDEO: Barclays Bank to prioritize investments
VIDEO: As commercial banks continue reducing interest rates, expectations are high among Bankers that the economy will pick up. Barclays Bank managing Director Rakesh Jha says the reductions will increase credit growth. Barclays will remain strategic in its investments to ensure that it is not overwhelmed by bad loans. Share on: …
Read More »Snap: messages vanish, young billionaires appear
San Francisco, United States | AFP | The mobile application Snapchat became a social media star with messages that vanish after viewing, making co-founders Evan Spiegel and Bobby Murphy among the youngest billionaires on the planet. The history of the company, recently re-branded just Snap in an effort to be …
Read More »Telecom giant MTN posts first ever loss
Johannesburg, South Africa | AFP | South African telecoms giant MTN said Thursday that it made a $200 million loss in 2016 — the company’s first — after suffering a huge fine in Nigeria and currency challenges in key markets. “MTN Group’s financial results for 2016 reflect the most challenging …
Read More »
The Independent Uganda: You get the Truth we Pay the Price