Kampala, Uganda | URN | Uganda Registrations Services Bureau-URSB has overturned Agaba Maguru’s appointment as director in three companies that were majorly owned by the late businessman James Garuga Musinguzi. It stems from an application filed by Mathew Rukikaire, former Minister of Privatization in President Museveni’s government, challenging the manner in …
Read More »AGM: dfcu Bank raises dividend as profits strengthen
The increase followed a rise in group profit after tax to Shs74.9 billion, compared with Shs72.1 billion in 2024 Kampala, Uganda | JULIUS BUSINGE | Uganda’s financial services group dfcu Limited is entering a new phase of growth after shareholders approved a Shs16.32 billion dividend payout as it seeks to …
Read More »Quality Chemical’s expansion problem
Shareholders approved a final dividend of Shs6.4 per share, taking the total payout for the year to Shs16.6 per share, up 23 percent from Shs13.5 in the previous financial year Kampala, Uganda | JULIUS BUSINGE | Quality Chemical Industries Limited (Qcil) has said it remains confident in its …
Read More »Uganda Airlines holds 4th AGM, signals strong recovery
Kampala, Uganda | URN | Uganda National Airline Company Limited has held its 4th Annual General Meeting (AGM), where shareholders reviewed the airline’s performance and outlined strategic priorities for future growth. The meeting, according to a statement posted at the Ministry of Finance, Planning and Economic Development, took place on …
Read More »PRAU launches Digital Membership IDs with multiple user benefits
Kampala, Uganda | THE INDEPENDENT | The Public Relations Association of Uganda (PRAU) has at its 50th Annual General Meeting (AGM) at Hotel Africana launched digital membership identification cards (IDs), a modern solution designed to enhance member experience, accessibility, and engagement. The digital IDs, which offer multiple user benefits, will enable members to …
Read More »Afreximbank 33rd Annual Meetings to boost intra-African trade
The 2026 forum comes as African economies confront global uncertainty, protectionist pressures, and shifting trade alliances Cairo, Egypt | THE INDEPENDENT | Africa’s African Export-Import Bank is positioning its 33rd Annual Meetings (AAM2026), scheduled for June 21–24 in El Alamein, Egypt, as a catalyst for regional trade and …
Read More »NBL’s Emmanuel Njuki elected Chairperson of the Uganda Alcohol Industry Association
Kampala, Uganda | THE INDEPENDENT | The Uganda Alcohol Industry Association (UAIA) has appointed Nile Breweries Limited, Legal and Corporate Affairs Lead, Emmanuel Njuki, as the new Chairperson of the Uganda Alcohol Industry Association (UAIA), ushering in a new era of leadership for the association. Njuki takes over from Uganda …
Read More »FY2024: dfcu declares record dividend
dfcu FY2024 Highlights: 151% growth in profit after tax to UGX 72.1 billion 9% growth in Total Assets, reflecting strong performance and strategic growth initiatives Improved asset quality and capital adequacy, ensuring continued support for Uganda’s key economic sectors Kampala, Uganda | THE INDEPENDENT | In recognition of its strong financial …
Read More »VetWealth SACCO AGM set for Saturday September 21 at Makerere
Kampala, Uganda | THE INDEPENDENT | The 2024 Veterinary Wealth Sacco Annual General Meeting (AGM) will be held next Saturday, September 21 at Media hall, COVAB, Makerere University from 9am. The theme this year is “Empowering the Vets to unlock their full potential through financial inclusion.” The general secretary Uganda …
Read More »IGP Katsigazi: Police officers deserting over loans
Kampala, Uganda | THE INDEPENDENT | The Acting Inspector General of Police, Maj Gen Tumusiime Katsigazi, has some police officers deserted the force because of loans. Katsigazi, who assumed IGP roles on March 4, after his boss Martin Ochola’s contract expired said loan-related desertions are emanating from borrowing by impulse. Katsigazi …
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