The new move will see the lender venture into non-banking business Kampala, Uganda | ISAAC KHISA | Uganda’s largest lender, Stanbic Bank Uganda, is finalising plans to become a Bank Holding Company (BHC), a step that would enable it access funding more easily but also tighten capital requirements and regulatory oversight. …
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USD9.4m Trade infrastructure at Mpondwe border to boost Uganda’s exports to DR Congo Kampala, Uganda | GODFREY SSALI | The Democratic Republic of Congo is one of Uganda’s export destinations ranking number three within the COMESA region. Uganda’s exports to DR Congo are valued at USD177m and these are mainly …
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Kampala,Uganda | GODFREY SSALI | The High Court in Kampala Monday heard that several suspects confessed that Austrian based cardiologist Dr. Aggrey Kiyingi was supporting rebel activities of the Allied Democratic Force, under the leadership of captured Jamil Mukulu. This during the hearing of the treason case against 19 people including Dr. Kiyingi’s …
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Kampala, Ugandan | THE INDEPENDENT | Brigadier Kasirye Gwanga has been promoted to the rank of Major General by President Yoweri Museveni. Outspoken on Uganda’s military and political scene, Kasirye Gwanga is one of 1384 officers and militants promoted on March 3 by the Commander In Chief Gen. Museveni following …
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Kampala, Uganda | GODFREY SSALI | The attempted murder case filed against city socialite Brian Kirumira aka Bryan White is headed for an out-of-court settlement, court heard on Monday. The development was communicated by prosecution’s Happiness Ainebyona to Makindye Court Chief Magistrate Elias Kakooza. Ayinebyona told court that the investigating officer in …
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Kampala, Uganda | THE INDEPENDENT | Uganda will join the rest of the world in celebrating the International Women’s Day on March 8, with the focus this year being on empowering rural women and girls as they are seen as the country’s engine to spur overall socio-economic and inclusive development. …
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Kampala, Uganda | THE INDEPENDENT | The Common Market for Eastern and Southern Africa, is set to introduce the use and distribution of seed labels and certificates as a way of improving access to quality seeds in the region. This is because more than 130 million people in the region …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s ministry of health has refuted reports that there is little support being provided by government to deal with Nodding Disease (Nodding Syndrome) in the north of the country. Minister of Health Dr Ruth Aceng told the press Monday that the supply of medicines …
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Kampala, Uganda | THE INDEPENDENT | Uganda parliament’s budget committee has started scrutinising a Sh41b additional funding request for the National Medical Stores (NMS) to meet a funding deficit for purchase of essential medicines and health supplies. State minister for finance David Bahati has however faced some tough questioning by …
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CSBAG: Budget indiscipline killing Uganda’s economy Kampala, Uganda | THE INDEPENDENT | The Civil society Budget advocacy Group (CSBAG) has asked parliament to reject “unnecessary supplementary budget” requests by government extended to The House for approval. In a statement released on March 2, CSBAG said it wants the Public …
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The Independent Uganda: You get the Truth we Pay the Price