Wednesday , May 21 2025

NEWS

Comment, Last Word, Uganda Talks and Today’s News

Solar energy capacity to reach 200MW next year

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 …

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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 …

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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 …

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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 …

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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. …

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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. …

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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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