Kampala, Uganda | THE INDEPENDENT | CFAO, a distributor of Toyota vehicles and spare parts in Uganda has urged vehicle owners to be vigilant about the risks of counterfeit products and emphasised the importance of choosing genuine parts for optimal performance, safety, and long-term value. In a media statement shared …
Read More »Uganda drops seven places in international media ranking
Kampala, Uganda | THE INDEPENDENT | Uganda has dropped seven places in the international media rankings, according to the 2022 press index report by Reporters Without Borders. Uganda now ranks 132 out of 180 countries. This represents a significant drop from its position in the 2021 rankings. Addressing journalists on Thursday …
Read More »Parliament grants Basalirwa leave to introduce Anti-counterfeit Bill
Kampala, Uganda | THE INDEPENDENT | Bugiri Municipality Member of Parliament, Asuman Basaliwa has been granted leave of the House to introduce a Private Member’s Bill entitled “The Anti-Counterfeit Bill, 2023.” Basalirwa sought leave of Parliament after moving a motion under Article 94 (4) (b) of the Constitution, and Rules …
Read More »Undersecretary testifies in Nandutu mabati trial
Kampala, Uganda | THE INDEPENDENT | The Undersecretary in the Office of the Prime Minister, Geoffrey Sseremba has become the second Prosecution witness in the case in which State Minister for Karamoja Affairs, Agnes Nandutu being tried for the diversion of 2000 iron sheets meant for the vulnerable people of Karamoja. …
Read More »Septic tank murder case adjourned to August
Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has adjourned the murder case involving senior accountant Francis Onebe and his security guard Bonny Oriekot to 1st August 2023. Both individuals were arrested in September 2021 on suspicion of murdering Onebe’s wife, Immaculate Onebe Mary Aiso, in January …
Read More »Vendors boycott multi-billion Nyendo market
Masaka, Uganda | THE INDEPENDENT | Vendors are demanding the remodeling of a multi-billion modern market in Nyendo-Mukungwe Division, Masaka City. In 2017, President Yoweri Museveni commissioned the market, constructed at a cost of sh13 Billion which was part of a loan government obtained from the Arab Bank for Economic …
Read More »Speaker directs ICT Committee to look into broadcasters’ petition
Kampala, Uganda | THE INDEPENDENT | Parliament has tasked its Committee on Information and Communication Technology (ICT) and National Guidance to consider a petition by the National Association of Broadcasters (NAB) regarding a directive by the President ring-fencing all government advertisements for Uganda Broadcasting Corporation (UBC) and New Vision platforms. …
Read More »Rotary Cancer Run moves to regions
Kampala, Uganda | THE INDEPENDENT | Centenary Bank together with Rotary Uganda are extending the annual Rotary Cancer Run awareness campaign to the different regions of the country. This year’s run is scheduled for August 27th 2023 in Kampala, regions and key global cities, under the theme ‘Run for Hope.’ …
Read More »AfDB achieves global first: Issues highest rated hybrid capital by a multilateral development bank
The S&P Global Ratings assigned a AA-rating to the debut transaction, the highest rating for hybrid capital Abidjan, Ivory Coast | THE INDEPENDENT | The African Development Bank Group has received global recognition for its inaugural hybrid capital issuance, positioning the Bank as a pioneer in innovative sustainable financing. The …
Read More »Uganda shilling steady, Kenya shilling slides
NEWS ANALYSIS | THE INDEPENDETN | The Kenya Shilling has steadily been declining against most currencies, including global leaders like the US Dollar and regional currencies, mainly the Uganda and Tanzania Shilling. For so long, the Uganda Shilling traded at an average of 30 to the Kenya Shilling and one …
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