Vanessa Atim is the managing director of ProInterns, a company that is working to solve Uganda’s unemployment challenge through skill development. She spoke to The Independent’s Agnes E Nantaba on matters concerning unemployment in the country. What encompasses your management philosophy? I am a very ambitious and hardworking manager …
Read More »Bank of Kigali starts 50-year celebrations
Donates 500 solar panels to poor households Bank of Kigali (BK) officially launched yearlong activities while marking 50 years anniversary since incorporation in 1963. Among the activities, BK donated 500 solar panels that will benefit at least 2,500 members of needy households that currently do not have electricity as a …
Read More »She ditched her office job to venture in farming
The Kaduru’s grow passion fruits in Fort Portal as a business and as means to boost women and girls incomes Rebecca Kaduru and her husband grows passion fruits on their farm in Fort Portal as a business and as means to boost women and girls incomes. Rebecca Kaduru thought she …
Read More »Bad news: IMF is back
Lagarde is visiting when the government is desperate for new money but in no mood to listen. Usually that means no deal but possibly not when the IMF and Museveni need each othe. Meetings between teams from IMF and planners of Uganda’s economy, especially President Yoweri Museveni, have historically involved …
Read More »DFCU takes over Crane Bank
Bank of Uganda has confirmed that it has transferred the assets of Crane Bank to DFCU Bank. “In exercise of its powers as Receiver, under Sec 95(1)(b) of FIA, BoU has now transferred the liabilities (incl deposits) of CB to DFCU Bank,” Bank Governor Emmanuel Tumusiime-Mutebile told the press in …
Read More »US-Mexico tensions rise as meeting scrapped, wall tax looms
Washington, United States | AFP | US-Mexican relations were rocked Thursday as Donald Trump’s administration suggested taxing imports from the southern neighbor to fund a border wall and Mexico’s president scrapped a meeting with the US leader. Trump had been scheduled to receive Pena Nieto at the White House on …
Read More »LIBERATION DAY: Government to focus on boosting exports
Uganda today marks 31 years since the NRM/NRA took over power. The day’s celebrations have been held in Masindi, western Uganda. The theme for the national celebrations was ‘Uganda’s success story under NRM leadership, a shared victory’. President Yoweri Museveni emphasized five key areas government is now focusing on: Government will focus …
Read More »Dow passes 20,000 points for the first time
New York, United States | AFP | The Dow Jones Industrial Average, the most famous equity index benchmark on Wall Street shot above 20,000 for the first time at the open Wednesday. The blue-chip stocks index quickly blew through the much-anticipated milestone in the opening seconds of trading, culminating a …
Read More »MMI Holdings enters Uganda’s insurance market
The South African company is projected to boost the country’s insurance penetration that now standing at 0.86%, the lowest in the region Low income earners, who often forgo insurance due to the expense, now have an affordable option that they could consider. South Africa-based insurance company, Metropolitan & Momentum International …
Read More »Trump trade moves chilling, could hurt US business: trade experts
Washington, United States | AFP | President Donald Trump’s first moves on trade have cast a pall over US trade relations and could hurt US businesses, trade experts say. Trump has begun his term by pulling out of one major agreement, vowing to renegotiate or exit another, and threatening to …
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