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The Independent

Stanbic’s steady climb

  The lender posted a 20.4% rise in profit after tax to Shs 586.2 billion   Kampala, Uganda | JULIUS BUSINGE | In banking, consistency is often more valuable than bursts of brilliance. Stanbic Bank Uganda Limited appears to have mastered that art. The lender posted a 20.4% rise in …

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Pearl Of Africa Golf Series back bigger

The tournament promises increased prize  money for professional golfers   Entebbe, Uganda | UGU MEDIA | The second edition of the Pearl Of Africa Golf Series gets underway at the par-71 Entebbe Club this week with the country’s elite amateurs and professionals presently fine-tuning their swings and putters in anticipation …

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EAC advances 10-year climate strategy to tackle rising risks

DAR ES SALAAM | Xinhua |  The East African Community (EAC) is moving forward with a coordinated 10-year climate change strategy to address climate risks, strengthen resilience, and support sustainable economic transformation across the region, according to a statement released on Friday. Opening a four-day regional meeting, EAC Acting Director …

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Canada hits NATO’s defense spending target: PM

OTTAWA | Xinhua | Canadian Prime Minister Mark Carney announced Thursday that Canada has met NATO’s defense spending target of 2 percent of GDP, achieving the benchmark five years ahead of schedule. Carney said in a statement that for the past 10 months, his government has moved at “unprecedented speed …

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