The Independent wins 3 ACME journalism awards Kampala, Uganda | ISAAC KHISA | MTN Uganda supported the African Centre for Media Excellence (ACME) to recognize and reward excellent journalistic work as part of its efforts to promote good journalism. ACME, a Kampala-based media development organisation that supports African journalists to achieve …
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The sector has also benefitted from a strong regulator Kampala, Uganda | ISAAC KHISA | Uganda’s insurance sector is more than seven decades old but momentous growth has only been recorded in the last 10 years as multinational and local insurers scramble for a pie of the emerging market. Big insurers …
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Kampala, Uganda | ISAAC KHISA | British American Tobacco Uganda has recorded a 14% increase in net profit to Shs3.9bn for the half year period ended June.30 driven largely by increase in sales revenues. Results released on Aug. 5 shows that the company’s gross revenue grew by 12% to Shs …
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The move gives the lender access to Africa’s second-largest country with a population of over 93 million people Kampala, Uganda | KAMPALA, UGANDA | Regional lender, KCB Group, has followed the footsteps of Equity Bank to venture into the Democratic Republic of Congo. KCB Group, which already has operations in …
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Telecom giant, MTN Uganda, has let go of its long serving Chief Executive Officer, Wim Vanhelleputte, setting the pace for the first top leadership transition since the telecom was listed on the Uganda Securities Exchange. Kampala, Uganda | ISAAC KHISA | Vanhelleputte, who has overseen the growth of the telecom …
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The company is eying regional markets including Kenya, Burundi, Northern Tanzania, DRC and South Sudan Kampala, Uganda | ISAAC KHISA | Uganda Clays Ltd will invest Shs 17.8billion to acquire more land with clays and boost production amidst the escalating competition in the baked clays products market. Martin Kasekende, the …
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Kampala, Uganda | ISAAC KHISA | Africa’s multi-lateral lender, African Export-Import Bank has renewed its approval of a US$1 billion facility to operationalise the African Continental Free Trade Agreement Adjustment Funds. The lender also approved a Grant Funding in an amount of US$10 million to seed the Base Fund of …
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A huge chunk of 2022/23 Shs48.1tn budget will go to the usual sectors of works and transport, security, health and education NEWS ANALYSIS | ISAAC KHISA | Uganda’s national budget, read on June.14, has drawn mixed reactions from various players, with manufacturers partly welcoming it but the civil society …
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The banking industry except two credit institutions held strong capital buffers signalising increased resilience to potential shocks Kampala, Uganda | ISAAC KHISA | Uganda bank profits rose 27% in 2021 from the previous year as the economy partially recovered, but the industry’s future faces uncertainty due to the ongoing Russia-Ukraine …
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Koboko, Uganda | ISAAC KHISA | Uganda’s host and refugee households are having the same recovery proportions as the East African nation emerges from the coronavirus pandemic, preliminary findings from a recent study show. However, refugees in Koboko District recovered more than the host though still with lower Resilience …
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The Independent Uganda: You get the Truth we Pay the Price
