NEWS

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has launched a service that allows new customers to open personal accounts online. The digitized process, which is accessible off the Stanbic Bank website www.stanbicbank.co.ug, means that customers can now open accounts on the go, anywhere, in any country and anytime. …

Kampala, Uganda | THE INDEPENDENT | Tullow Oil is considering selling all its assets in Uganda as the firm down tax dispute rages on. The Irish company, which also owns Tullow Operations Uganda, has hinted on the slow progress towards resolving a Capital Gains tax dispute on the USD 900 million …

Kampala, Uganda | THE INDEPENDENT | Edith Namugga Tusuubira has been named the substantive Executive Director of the Uganda Microfinance Regulatory Authority. The authority is a government agency mandated to regulate license and supervise tier 4 microfinance institutions and money lenders in Uganda. These include Savings and Credit Cooperatives –SACCOs, Non-deposit …

Kampala, Uganda | THE INDEPENDENT | The authorities of various regional referral hospitals want the monopoly of National Medical Stores to procure and supply medicine broken, according to the Public Accounts Committee Chairperson, Nathan Nandala Mafabi. He disclosed this on Tuesday as his committee was finalizing its engagements with National …

Kampala, Uganda | THE INDEPENDENT | Parliament has deferred debate on the Landlord and Tenant Bill following controversy on a provision that requires that all rent obligations be recorded and settled in Uganda Shillings. The clause had been supported by Kampala Central MP Muhammad Nsereko who observed a need to …

Kampala, Uganda | THE INDEPENDENT | The Bugweri County Member of Parliament, Abdul Katuntu, says there is need to address Governance issues in Bank of Uganda-BoU to curb scandals rocking the central bank. Katuntu, who chaired the Committee on Commissions Statutory Authorities and State Enterprise-COSASE, says there is a big …

Kampala, Uganda | THE INDEPENDENT | The family of the late Ronald Ssebulime has sued Ida Nantaba, the information Communication and Technology State Minister together with four police officers for causing his death. According to the suit, Ssebulime’s sister, Sylvia Nakayita accuses the minister of providing false information to police …

Kampala, Uganda | THE INDEPENDENT | As oil companies prepare to extract oil out of the ground, the next concern is Lake Albert’s water levels and fears that communities around the Lake could be denied access to the water resources. While everyone is eagerly waiting to see out of the …

Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament, Rebecca Kadaga has cautioned legislators on engaging president, Yoweri Museveni directly on matters concerning parliament. In her communication to parliament on Tuesday, Kadaga expressed disappointment about what she described as indiscipline among some legislators who address the president on issues …

  Kampala, Uganda | Julius Businge | Tax experts have weighed in on the recently introduced taxes aimed at increasing domestic revenue to fund the new budget for FY2019/20. Speaking at a half day post budget tax dialogue organised by the Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI), …