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The Independent

VIDEO: Buy Uganda, Build Uganda policy launched

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 …

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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 …

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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 …

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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 …

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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 …

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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: …

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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 …

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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 …

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