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Bank fraud: Shs2.7bn loan fraudsters named, expert warns

Kampala, Uganda | THE INDEPENDENT | On Jan.10, a local daily newspaper reported an incident in which a top bank in Uganda was conned Shs2.7bn in bogus loan scheme leading to some suspects getting arrested by the police. Gurijindeer Singh, who hails from Kolkata, the capital of India’s West Bengal state …

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Minister gives Buvuma leaders two weeks ultimatum to return Emyooga funds

Buvuma, Uganda | THE INDEPENDENT | The State Minister for Micro-Finance, Haruna Kyeyune Kasolo has given Buvuma district officials a two-week ultimatum to return the money they borrowed from various Savings and Credit Cooperative Societies-SACCOs under the Emyooga program. According to information obtained by URN, 16 Saccos in Buvuma district received …

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Delayed release of funds stalls Namboole renovation works

Kampala, Uganda | THE INDEPENDENT | The proposed renovation of Mandela National Stadium, Namboole has stalled due to the delayed release of funds by the government, management has revealed. Mandela National stadium has not hosted any international competition for almost two years since it was banned by the world soccer governing …

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Three arrested for defrauding locals UGX90m in Amuru

Amuru, Uganda | THE INDEPENDENT | The police in Amuru district is holding three suspects on allegations of defrauding over 90 million Shillings from locals. The suspects, all employees of Kony Paco Foundation, a village saving group in Parabongo Parish in Lamogi sub-county were arrested following complaints from their clients. The …

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Pastor opens school for daily subscription fees

Kampala, Uganda | THE INDEPENDENT | Unlike other educational institutions where learners pay tuition per term, parents with children at Grace Intel School in Buziga, Kampala will pay daily fees. The school proprietor, Pastor David Jeremiah Kika, says that learners from nursery to P3 will pay Shillings 1,000 daily while those …

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The Othordox church in Uganda gets new metropolitan

Kampala, Uganda | THE INDEPENDENT | His Eminence Metropolitan Leronymos Muzeeyi has been elected the new Archbishop of the Orthodox Church of Uganda replacing Archbishop Yona Lwanga who passed on in September last year. Metropolitan Muzeeyi was elected at the end of the three days of the Holy Synod of the …

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