Financial results for the year ended December 31, 2024 show revenue climbs 15% to sh546 billion 🔴Highlights of Absa Bank Uganda 2024 Performance ✳ Profit After Tax: Increased by 22%, to UGX 178 billion. ✳ Revenue: A growth of 15.1%, driven by growth in customers, transactional activity, and credit support. ✳ Customer Loans: …
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Activists explain how new slogans helps fight the growing vice Kampala, Uganda | MUBATSI ASINJA HABATI | On December 9, President Yoweri Museveni joined the new Inspector General of Government (IGG), Beti Kamya, after she persuaded him to launch the lifestyle audit, a new anti-corruption drive spearheaded by the Inspectorate …
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Oil, agriculture and BoU to determine the recovery path, executives say Kampala, Uganda | THE INDEPENDENT | Economic recovery in the coming years will largely depend on oil and gas, agriculture and Bank of Uganda’s monetary policy decisions, according to Absa Bank Uganda executives. Speaking via a recent virtual conference …
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Experts say land issue might end badly, if not handled well Kampala, Uganda | RONALD MUSOKE | Since President Yoweri Museveni’s ‘attack’ on Mailo land ownership — one of the four land tenure systems under which Ugandans can own land—public debate has reached a crescendo with Kabaka Ronald Muwenda Mutebi …
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Mukono, Uganda | THE INDEPENDENT | Police in Mukono are investigating circumstances under which the house of Esimafesi Wandera, the National Resistance Movement-NRM chairperson for Ssozi Parish in Mpatta sub county was set on fire, and he lost sh23 million he had hidden in the ceiling. At around 1pm, Wandera’s …
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What lies ahead as government agency takes over electricity distribution in the Rwenzori territory Kampala, Uganda | JULIUS BUSINGE | Bundibugyo District and its neighbourhoods have had frequent electricity outages for many years, leaving Bundibugyo Energy Cooperative Society’s (BECS) staff running up and about to fix the problem. For that, …
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Can Lt. Col. Nakalema do it? Kampala, Uganda | RONALD MUSOKE | For almost two years now since she was appointed to head the State House Anti-Corruption Unit, Lt. Col. Edith Nakalema has been a busy woman crisscrossing the country in her fight against corrupt public officials. Nakalema, who was …
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Will Leadership Code Tribunal finally bite? Kampala, Uganda | RONALD MUSOKE | When President Yoweri Museveni swore in the Leadership Code Tribunal recently, he demanded the new team clean up public service of corrupt officials. The tribunal is the latest institution Museveni has created to fight corruption in Uganda’s public …
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Best times | RESULT THIS WEEKEND 50 butterfly 29.88 | 50 yards freestyle 25.27 | 25.89 100 yards freestyle 54.86 | 56.3 200 yards freestyle …. | 2:06.36 secs 200 Yards Medley Relay…. | 2:03.22 200 yards free relay …. | 1:49.66 Iowa, USA | THE INDEPENDENT | Two weeks …
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Next chair of complicated six-member bloc has to deal with Uganda, Rwanda, South Sudan issues Kampala, Uganda | IAN KATUSIIME | The next East African Community (EAC) Heads of State Summit is scheduled for Feb. 28 and it is expected that Rwandan President Paul Kagame who has had a …
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The Independent Uganda: You get the Truth we Pay the Price
