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President Museveni calls on the UPDF to protect Uganda’s democracy

CIC Orders UPDF to deal with political intimidators Entebbe, Uganda | THE INDEPENDENT | President Yoweri Museveni has directed the Uganda People’s Defence Forces (UPDF) to deal with any political intimidators. Museveni, who chaired UPDF High Command and Defence Council at Entebbe State House on Wedensday and Thursday, said UPDF …

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Kampala Archdiocese announces death of Msgr. Expedito Magembe

Kampala, Uganda | THE INDEPENDENT | The Archdiocese of Kampala has confirmed the passing of the Rt. Rev. Msgr. Expedito Magembe, 88, the founding director of Mount Sion Prayer Centre in Bukalango. His death was announced by the Archdiocesan Chancellor, Rev. Fr. Pius Male Ssentumbwe, on behalf of His Grace …

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National Boda-Boda Union retreat attracts 1,215 district leaders

Gen Saleh hails Uganda’s Boda-Boda Industry as it charts path to formalization and economic sustainability at the National Leadership Retreat Gulu, Uganda | THE INDEPENDENT |  Uganda’s vibrant yet largely informal boda-boda industry has taken a bold step toward formalization and economic empowerment with the successful hosting of the First National …

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Deposit Protection Fund reviewing limit for depositors

  Kampala, Uganda | THE INDEPENDENT | The Deposit Protection Fund (DPF) is considering reviews to enhance its operational mandate of providing statutory protection to account holders in commercial banks. The reviews seek to increase the fund’s protection limit for depositors with account balances over 10 million shillings in commercial …

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BOU launches remittance monitoring tool as inflows grow

Kampala, Uganda | THE INDEPENDENT | Companies dealing in remittance services are now required to report data on their transactions weekly to the Bank of Uganda (BOU), under a newly developed system. The Central Bank has developed a new data collection approach regarding diaspora remittances, where all remittance service providers …

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