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 …
Read More »Minister Nantaba, 3 police officers sued over Ssebulime’s death
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 …
Read More »Albertine oil prospects mingle with water concerns
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 …
Read More »Kadaga cautions MPs about speaking to Museveni
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 …
Read More »Experts speak out on proposed taxes for financial year 2019/2020
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), …
Read More »Money Talk Symposium
NSSF, experts tell members to save beyond the 5% they remit monthly Kampala, Uganda | JULIUS BUSINGE | Do you spend less and invest more of your income a head of your retirement? Will you have enough monetary resources upon retirement? Will there be any impact upon taking your …
Read More »Gov’t bans buying of new cars next financial year
Kampala, Uganda | THE INDEPENDENT | No government agency will be allowed to purchase new cars in the 2019/20 financial year. Money initially intended for the vehicles will now be reallocated to other activities, according to Kenneth Mugambe, the Director Budget at the Ministry of Finance. Mugambe told a breakfast …
Read More »UBC negotiating to broadcast AFCON on credit
Kampala, Uganda | THE INDEPENDENT | The National Broadcaster, Uganda Broadcasting Corporation-UBC is negotiating with the Confederation of African Football-CAF to broadcast African Cup of Nations-Afcon on credit. UBC broadcast Afcon 2019 for three days and stopped. In a statement, UBC said it had temporarily stopped the broadcast and that …
Read More »Uganda versus Zimbabwe
WEDNESDAY: Uganda 🇺🇬 vs Zimbabwe 🇿🇼 8pm Cairo, Egypt | THE INDEPENDENT | Victory for Uganda today will see them make it to the next round and condemn Zimbabwe to an early exit in the Nations Cup. Uganda go into the game with three points after humiliating DRC 2-0, while the Zimbabwe Warriors …
Read More »Delays on the Kampala flyover to cost sh300m daily, UNRA warns
Kampala, Uganda | THE INDEPENDENT | Uganda risks losing sh300 million every day if there are any delays in the Kampala Flyover Project that started last month. The sh224 billion project, undertaken by Japan International Cooperation Agency (JICA) involves the construction of flyovers at the Clock Tower, and at Kitgum …
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