Hong Kong, China | AFP | Banking giant Standard Chartered on Tuesday announced a return of dividends for shareholders after a two-year hiatus as it reported a surge in annual profits following restructuring and cutbacks. The Asia-focused lender said it would pay out a full-year dividend of 11 cents per …
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Washington, United States | AFP | Boeing said Tuesday it has reached an agreement to build future Air Force One planes after addressing Donald Trump’s criticism over hefty costs associated with the presidential aircraft. “Boeing is proud to build the next generation of Air Force One, providing American Presidents with a …
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Barcelona, Spain | AFP | Blazing fast 5G wireless networks promise to unlock the potential of internet connected devices, or the Internet of Things — making driverless cars and talking fridges a reality. With most European operators targeting 2020 for its rollout, 5G is the term on everyone’s lips at …
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The tale of a Zombo and memories of Mahatma Gandhi’s words on the evil of man Kampala, Uganda | ALLAN KINANI | The scorching sun shot through the trees that were shading us, as the clock ticked noon. A gush of fresh, replenishing breeze swayed across, sweeping the dry leaves under …
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Kampala, Uganda | THE INDEPENDENT | Ugandan Small and medium enterprises banking with the Togo-based Ecobank Transnational Incorporated (ETI), have a chance to borrow part of $200 million, FMO, the Dutch development bank, has made available for SME growth across the continent. Ecobank Group CEO, Ade Ayeyemi, said new transaction …
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Ugandan traders battle Chinese, Indians, over lucrative business Kampala, Uganda | ANDREW S. KAGGWA | A row has developed between the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) and fish exporters on one side and fish traders on the other over the sale of fish maws. Siraje Walusimbi, an executive …
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kampala, Uganda | JULIUS BUSINGE | Over 500,000 customers have signed up for MyHospital and MyLife micro-insurance covers offered by aYo Uganda Limited since opening shop in Uganda in Sept. 2016. This was confirmed by the firm’s Chief Executive Officer, Edwin Kwesiga. aYo Uganda is a subsidiary of aYo Holdings Limited, …
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Fund’s customer satisfaction rate has grown from 49% seven years ago to 92% as at the end of last December Kampala, Uganda | THE INDEPENDENT | Once again, Uganda’s National Social Security Fund (NSSF) held its Annual Customer Connect Week with a number of activities including financial literacy trainings, investments and …
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Kampala, Uganda | THE INDEPENDENT | Coffee roasters and buyers flocking to Kenya in their annual pilgrimage for the pick of the crop have driven average prices for the beans to the highest level in three years. The cost of a 50-kilogram bag of AA grade coffee fetched $679 at …
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Telecoms protest State House move to monitor business Kampala, Uganda | HAGGAI MATSIKO | A fight is raging between telecom operators on one side, and the Uganda Communications Commissions (UCC), the Uganda Police Force, and State House on the other, over moves to monitor the Shs44 trillion mobile money business. At …
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The Independent Uganda: You get the Truth we Pay the Price