The partnership will enable customers borrow mobile loans for as low as Shs300 and earn interest on savings for as high 9%, respectively Kampala, Uganda | ISAAC KHISA | Telecom operator, Airtel Uganda, has appointed KCB Uganda as a trust account holder for its mobile financial services Airtel Money in …
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French multinational, Rubis Energie plans to invest up to US$25million in rebranding of newly acquired Kenol Kobil and delta fuel stations countrywide. The money will be invested over a three to four years period based on demand for their products. Kampala, Uganda | ISAAC KHISA | “… we will continue …
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Stanbic Bank top executives tell shareholders as it rolls out offerings for women, targets oil and gas opportunities Kampala, Uganda | JULIUS BUSINGE | Whereas many businesses reported reduced earnings for the year 2020, others like Stanbic Bank Uganda Ltd, have assured their shareholders that they will earn their profits …
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Cost of sending money to Uganda remains high at 8.7%, double the (SDG) target Kampala, Uganda | RONALD MUSOKE | The COVID-19 pandemic that has ravaged the world over the last 18 months has cut by 26% the amount of money Ugandan migrant workers sent back home over the same …
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The sector is showing signs of recovery as tourists starts to arrive in the country amid the pandemic Kampala, Uganda | ISAAC KHISA | Uganda’s foreign exchange earnings from tourists’ arrivals fell 72.7% to US$440 million in 2020 highlighting the adverse effects of coronavirus pandemic on the country’s tourism …
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People may not be paying enough attention to meaningful goals | DANIEL B. LE ROUX | A defining characteristic of the way many people live today is persistent online connectedness. Since the introduction of smartphones about 15 years ago, the rapid and broad adoption of these devices has had an …
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Children reveal why they are not returning to school | THE INDEPENDENT | To limit the spread of Covid-19, President Yoweri Museveni ordered the closure of all schools on March 18, 2020. The closures affected an estimated 73,200 schools, more than 15 million students, and 548,000 teachers. In October 2020, …
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95% of Ugandans interviewed in January expected pandemic to get serious in June Kampala, Uganda | RONALD MUSOKE | As President Yoweri Museveni mulls over the idea of forcing Ugandans into another lockdown to contain a resurging and more virulent Coronavirus, which has infected over 5,000 people in days, …
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How Uganda’s tax policy on real estate has destroyed the once thriving sector and stifled economic growth THE LAST WORD | ANDREW M. MWENDA | This week, the government will read the 2021/22 budget. Given the poor performance of the economy, government is proposing new taxes. For instance, it has …
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Why and how security agencies fail | THE INDEPENDENT | The June 01 shooting of army Gen. Edward Katumba Wamala in a suspected assassination attempt has reawakened interest in the wave of unexplained and puzzling killings that have occurred in Uganda since 2012. Gen. Katumba’s daughter, 32-year old medical doctor …
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The Independent Uganda: You get the Truth we Pay the Price
