Kampala, Uganda | THE INDEPENDENT | Xsabo Group says they plan to build another three projects, which will bring the number to five plants with a total installed capacity of 150 MW, worth a total investment of 735 Billion Shillings. The company received funding for the Mubende project worth 63 …
Read More »Defense ministry seeks Sh6.3 trillion for 2021/22 budget
Kampala, Uganda | THE INDEPENDENT | The Ministry of Defense and Veterans Affairs is seeking up to sh6.3 trillion to finance its budget for financial year 2021/2022. This was revealed by the Minister for Defense and Veterans Affairs Adolf Mwesige who said that Government has failed to raise Uganda shillings …
Read More »SEKABEMBE: dfcu ready to support roads sector
Come to us for credit support, dfcu bosses tell road sector players Kampala, Uganda | JULIUS BUSINGE | Road contractors should consider partnering with financial institutions to increase their chances of winning while bidding for big projects, according to dfcu Bank Executive Director and Chief Commercial Officer, William Sekabembe. “We …
Read More »Stanbic Bank unveils digitalized platform for clients
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has launched an end-to-end digitalized trading platform dubbed “Quantum Trade” to enable its customers access import letters of credit and domestic guarantees quickly within few hours, it said on April 06. The online platform will facilitate trade and allow customers receive …
Read More »Kyagulanyi loses bid to block URA from re-assessing vehicle
Kampala, Uganda | THE INDEPENDENT | Kyadondo East Member of Parliament Robert Kyagulanyi Ssentamu has lost his bid to block Uganda Revenue Authority (URA) from recalling his vehicle for a reassessment. His application was dismissed on Tuesday by the Deputy Head of High Court Civil Division Judge Emmanuel Baguma. …
Read More »DRC militiamen rob engine boats on Lake Albert
Kampala, Uganda | THE INDEPENDENT | Four suspected DRC militiamen have raided Lake Albert and robbed three boat engines. The armed militiamen raided the lake at around 2 am near Kaiso landing site in Kabaale sub-county Hoima district. They placed several fishermen at gunpoint and ordered them to surrender the engines. …
Read More »P4 and P5 back at school, academic calendar ends in July
📌 UGANDA 🇺🇬 BACK TO SCHOOL SCHEDULE ▶ P4 & P5 – April 6 ▶ S1 – April 12 ▶ S2 – May 31 ▶ P1, P2 & P3 – June 7 📌 UNEB EXAMS TIMETABLE ✳ April 9 ▶ UACE briefing ✳ April 12- May 3 ▶ UACE exams Kampala, …
Read More »Local gov’t ministry opposes directive on operationalization of new administrative units
Kampala, Uganda | THE INDEPENDENT | The Ministry of Local Government has opposed the proposal by the Ministry of Finance directing newly created administrative units to use their locally generated revenue for operations. The government created over 360 sub-counties and 350 town councils across the country but many have remained non-functional …
Read More »Donated Covid-19 cash to be used to set up blood banks – Dr Atwine
Kampala, Uganda | THE INDEPENDENT | The Ministry of Health received a total of Shs 29 billion from donations by the private sector to facilitate activities aimed at stopping further spread of COVID-19, the Permanent Secretary in the Health Ministry Dr. Diana Atwine has said. Rubbishing claims that the money couldn’t …
Read More »Security guard shoots dead boda boda cyclist
Kampala, Uganda | THE INDEPENDENT | A security guard has been arrested for allegedly shooting to death a boda boda rider at Equatorial Mall in Kampala on Monday night. The Kampala Metropolitan Deputy Police spokesperson Luke Owoyesigyire identified the suspect as Morris Opedunu attached to Pinnacle Security Company, who was guarding …
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