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The Independent

Private sector activities rise

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector activity increased for December 2018 signalling improved business environment. The Stanbic Bank Purchasing Manager’s Index (PMI) for manufacturing and services rose to 56.6 for December from 55.7 recorded in the previous month owed to increased demand for various products and services. Anything …

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Anger as Mnangagwa raises fuel prices in Zimbabwe

Harare, Zimbabwe | AFP | Zimbabweans reacted with outrage Sunday to a sharp rise in fuel prices announced by President Emmerson Mnangagwa in a move to improve supplies as the country struggles with its worst gasoline shortages in a decade. After years of international isolation, Zimbabwe’s economy has been in …

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Egypt embarks on Cup of Nations preparations

Cairo, Egypt | AFP | Egypt’s sports ministry and Football Federation on Sunday outlined their bid to be ready for the Africa Cup of Nations which starts on June 15. Egypt took over as hosts for the 2019 tournament last week after Cameroon was stripped of the event due to …

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IRA licenses 114 insurance players

Kampala, Uganda | THE INDEPENDENT | The Insurance Regulatory Authority has licenced 114 players to carryout insurance business this year. These includes 32 insurance companies; one Micro Insurance firm, one re-insurer, five Health Membership Organizations (HMOs), 35 insurance brokers, two re-insurance brokers and 24 Loss Assessors, adjusters, insureance surveyors and risk …

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Fighting over gold in Chad leaves dozens dead: sources

N’Djamena, Chad | AFP | Fighting between Chadian and Sudanese rebels at a remote goldmine in northern Chad has left dozens dead, local and rebel sources said Sunday. The fighting pitting Chadian rebels against a Sudanese group close to the N’Djamena government took place Saturday in the Kouri Bougoudi regions, …

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Regional bloc urges DR Congo unity govt, vote recount

Kinshasa, DR Congo | AFP | An African regional bloc on Sunday called for a unity government in Democratic Republic of Congo following disputed presidential elections, while also urging a recount of the ballots. The Southern African Development Community (SADC) said political leaders should agree to a negotiated settlement after …

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Electricity tariffs drop

Kampala, Uganda | THE INDEPENDENT | Electricity Regulatory Authority has reduced power tariffs for consumers due strengthening shilling and easing inflation.  The domestic consumer tariff has been reduced by Shs 0.5 from Shs 769.5 shillings of the 2018 fourth quarters to Shs 769 of the first quarter of 2019. The average …

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South African ‘great legend’ Philemon Masinga dies

Johannesburg, South Africa | AFP | Former South Africa star Philemon ‘Chippa’ Masinga died Sunday aged 49 in a Johannesburg hospital from cancer, the national football association said in a statement. Retired South Africa captain Lucas Radebe, who played with Masinga at then English top-flight club Leeds United in the …

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Solskjaer hails De Gea as United dig deep to beat Spurs

London, United Kingdom | AFP | Ole Gunnar Solskjaer said David de Gea was making a case to be considered Manchester United’s greatest-ever goalkeeper after he produced a masterclass on Sunday to protect his side’s 1-0 lead against Tottenham. The match at Wembley pitted two of the bookmakers’ favourites to …

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