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Cairo Bank official convicted for aiding shs200 million loan fraud

Kampala, Uganda | THE INDEPENDENT | The Buganda Road Chief Magistrates Court has convicted a credit official for assisting a client in fraudulently obtaining a 200 million shilling loan from Cairo Bank. On Wednesday, Chief Magistrate Ronald Kayizzi found 43-year-old Specioza Nassuna, a resident of Tega Zone in Nabbingo Sub County, …

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Winnie Byanyima petitions court for release of Dr. Besigye

Kampala, Uganda | THE INDEPENDENT | Winnie Byanyima, the wife of Dr. Kizza Besigye, has petitioned the High Criminal Division of the High Court, seeking the immediate and unconditional release of her husband and his co-accused, Hajji Obeid Lutaale. In the application filed on Wednesday, Byanyima is seeking orders requiring the …

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UDB-funded medical supplies company dispatches its first consignment of HIV and Malaria testing kits

The investment from Uganda Development Bank supported MHS in acquiring capital-intensive equipment and purchase of raw materials. Kampala, Uganda | THE INDEPENDENT | Microhaem Scientific (MHS), a Ugandan medical supplies company funded by the Uganda Development Bank (UDB), has dispatched its first consignment of locally manufactured diagnostic kits to the …

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Government seeks another tax waiver for Bujagali

Kampala, Uganda | THE INDEPENDENT | Government has tabled before Parliament, the Income Tax (Amendment) Bill, 2025 that seeks to extend the tax exemption to Bujagali Hydro Power Project up to 30 June 2025. The bill presented by State Minister for Finance (General Duties), Henry Musasizi on Tuesday, 04 February 2025 …

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Kyagulanyi renews call for release of political prisoners

Kampala, Uganda | THE INDEPENDENT | National Unity Platform (NUP) President Robert Kyagulanyi Ssentamu, also known as Bobi Wine, has renewed his call for the immediate release of all political prisoners following last week’s Supreme Court ruling. The highest court of Uganda on Friday nullified all ongoing prosecutions of civilians …

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