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Nigeria, China in currency swap

Nigeria, China in currency swap Kampala, Uganda | THE INDEPENDENT | In a signing ceremony that took place in Beijing China, the Central Bank of Nigeria and the Peoples Bank of China agreed to a currency swap worth $2.5billion to make trade between the two countries easy. International reports say the move …

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Isimba dam contractor refurbishing school

Kampala, Uganda | THE INDEPENDENT | China International Water and Electrical Corporation (CWE), the contractor of the 183MW Isimba Hydro power project is refurbishing old structures of Mbulamuti Primary School found in Kamuli district a few kilometers away from the site where dam construction is taking place. Speaking at the …

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Arua hawker bags Shs10 million from Coca-Cola

Kampala, Uganda | THE INDEPENDENT | Another lucky winner, Geofrey Madira from Arua joined previous winners in the ongoing Under The Crown Promotion dubbed ‘Samba Ne Coca-Cola’ promotion by winning Shs 10 million, the company said in a May 4 notice. “I am so grateful,” Madira said upon receiving the …

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NBL launches Safety App

Kampala, Uganda | THE INDEPENDENT | The Nile Breweries Limited dream is Zero Injuries across its operations. To achieve this, the company has launched a Safety App called AB InBev SAFETY. The App, developed as a tool for risk identification and mitigation to prevent injuries and recognise safe behavior in …

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MV Kalangala resumes operations

Entebbe, Uganda | THE INDEPENDENT |  The MV Kalangala which makes voyages between Lutoboka (Kalangala) and Nakiwogo (Entebbe) on May 9 resumed operations after a month docked for mandatory checks. The Ministry of Works and Transport and Nation Oil Distributors Ltd the operators of the only vessel plying the Kalangala-Entebbe …

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New URA tower will be one-stop-centre

Kampala, Uganda | THE INDEPENDENT | The new Uganda Revenue Authority (URA) Sh139 billion headquarters that is close to completion at Nakawa will significantly reduce the cost of doing business for taxpayers through provision of a modern one-stop-service-centre. “The overall objective of the project is to provide infrastructure for better …

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