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The Independent

Zelensky seeks stronger sanctions, Marshall Plan-style aid for Ukraine in Rome

ROME | Xinhua | Visiting Ukrainian President Volodymyr Zelensky on Thursday called on the international community to impose tougher sanctions on Russia and increase support for Ukraine’s post-conflict reconstruction. Speaking at the Ukraine Recovery Conference in Rome, Zelensky emphasized the need for enhanced air defense capabilities to counter Russia’s attacks. …

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FY2024: dfcu declares record dividend

dfcu FY2024 Highlights: 151% growth in profit after tax to UGX 72.1 billion 9% growth in Total Assets, reflecting strong performance and strategic growth initiatives Improved asset quality and capital adequacy, ensuring continued support for Uganda’s key economic sectors Kampala, Uganda | THE INDEPENDENT | In recognition of its strong financial …

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Glitz and music as Absa Business Club relaunched

    Kampala, Uganda  | THE INDEPENDENT | Lively social interactions and laughter, accompanied by cocktails and entertainment from the Sheraton’s Xavieliee Band capped a day that saw Absa Bank Uganda relaunch the Absa Business Club. “This club is more than banking. It’s a growth engine and a community designed to …

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Zembo Motorcycles secures FMO backing to scale electric transport in Uganda

Kampala, Uganda | THE INDEPENDENT | In a significant boost to Africa’s clean transportation sector, the Dutch entrepreneurial development bank FMO has approved a loan of up to $1 million to Zembo Motorcycles, a Ugandan-based electric mobility company. The funding is aimed at accelerating the company’s mission to provide sustainable, affordable, and efficient transport solutions …

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Why Trump has invited five African leaders to the White House

Washington, US | BBC | US President Donald Trump began a three-day summit in Washington DC with the leaders of five African states, an event the White House sees as an “incredible” commercial opportunity. Trump’s guests include the leaders of Gabon, Guinea-Bissau, Liberia, Mauritania and Senegal – none of whom …

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