NEWS

By Julius Businge A new IFC and World Bank report shows that in 2011/12 all five economies of the East African Community (EAC)—Burundi, Kenya, Rwanda, Tanzania, and Uganda—implemented at least one institutional or business regulatory reform improving the business climate for local entrepreneurs. Released on May 2, Doing Business in …

By The Independent Team Celebrations to mark this year’s International Labour Day will be held in Tororo District at St Peter’s College Tororo. The Chief Guest for the function is expected to be President Yoweri Museveni. The theme for this year’s celebrations is “Skilling Ugandans for increased Labour Productivity: A …

By Julius Odeke The Japanese Government on Tuesday April 30 announced it was providing a total of US Dollars 21.2 million to four UN agencies to support their collective response to the refugee situation in South-west Uganda, as well as the critical climate-related health, nutrition, water and sanitation challenges affecting …

By The Independent Team President Kenyatta along with his deputy William Ruto today unveiled the full list of their nominees to the Cabinet. However in a move that is likely to surprise many of his supporters Mr. Ruto had earlier mentioned that there would not be any other politicians in …

By Julius Businge Dfcu bank has suspended its trading for four weeks on the Uganda Securities Exchange (USE) to pave way for Commonwealth Development Corporation (CDC) to sell part of its shares in the bank, an official note released on April 22 in a local daily news paper reads. CDC …

By Julius Businge The three East African currencies of Kenaya, Uganda and Tanzania remained steady trading a narrow range throughout the week ending March 23. “It was a sideways market for most of the trading sessions of the week with no uptrend or downtrend clearly established,” said Stephen Kaboyo a …

By Julius Odeke President Yoweri Museveni has described the late minister for Disaster Preparedness Steven Mallinga as a hardworking man. The President was speaking on Thursday as the chief mourner during the funeral ceremony of the Late Minister Mallinga in Butebo where thousands of people from the country and beyond …

By Ronald Musoke The Forum for former African Heads of State and Government has co-opted Prof George W. Kanyeihamba to support a high level team mandated by the African Union to mediate in the border dispute between Malawi and Tanzania. The forum led by the former Mozambican president Joachim Chissano …

By Ronald Musoke Prof. Kanyeihamba represents businessman in unusual case In an unprecedented case, a local businessman from eastern Uganda is threatening to sue the U.S. embassy to recover or be compensated for a “priceless cargo of celestial particles” he entrusted with it. Details of the case indicate that the …

By Aloysious Kasoma Lord Mayor Erias Lukwago has denied allegations about the purchase of buses by Kampala Capital City Authority as reported in the media and labeled them untrue. Lukwago was addressing a meeting of taxi owners and drivers at City Hall yesterday. He said that there is no bus …