By The Independent Team Rwandan-born warlord Bosco Ntaganda was taken into custody by the International Criminal Court (ICC) on Friday and was being flown to The Hague to stand trial on charges of war crimes in eastern Congo in 2002 and 2003. Ntaganda surrendered to the U.S. Embassy in Kigali, …
Read More »Brazil contributes food worth sh2.5bn to Ugandan refugees
By Julius Businge The Government of Brazil has made its first contribution to the United Nations World Food Programme (WFP) in Uganda of 2,000 metric tons of rice worth about US$1 million (over sh2.5bn) to cater for 155,000 refugees in Uganda. WFP said in a statement released on March 20 …
Read More »Uganda needs to improve its negotiation skills
By Joan Akello Foreign direct investment has increased over the years in Uganda and the East African region but civil society organizations say Uganda has not benefited much because of poor negotiation in various bilateral agreements. In a half day workshop organized on Mar. 20, Southern and Eastern African Trade …
Read More »Stanbic’s profit after tax up 7.4%
By Julius Businge Stanbic Bank Uganda Limited, Uganda’s largest commercial bank has recorded sh130bn profit after tax for the year ended December 2012 up from sh121bn a year earlier, the Bank’s financial results released on March 18 reads. The Bank’s expenditure however, increased from sh267bn for the year ended December …
Read More »Total offers scholarships to students from oil districts
By Ronald Musoke Total E&P Uganda, one of the three major oil companies heavily involved in oil prospecting and production in the country has offered up to 20 scholarships to students from the oil districts of Nwoya, Buliisa, Nebbi and Masindi where the French company currently has operations (Exploration Areas …
Read More »Parliament asked to demand a briefing on gun attacks
By Aloysious Kasoma Opposition Democratic Party leader, Norbert Mao has called upon Parliament, to demand for a formal explanation from the government on the reported gun attacks on security organs in Kampala. Mao said that the attacks could be a political problem which requires a political solution with a national …
Read More »Uhuru Kenyatta wins Kenya presidential race
Kenya’s deputy Prime Minister, Uhuru Kenyatta, has won the presidential election by a very tight margin. Mr Kenyatta garnered 6,173,433 votes out of 12,338,667 total votes cast in last Monday’s election giving him 50.03 per cent required to win while his main challenger Raila Odinga garnered 5,340,546 (43.28) per cent. These figures …
Read More »Apps 4 Africa challenge winner applauded
By Ian Katusiime Ugandan student Titus Mawana, 22 who emerged among the winners of Apps4Africa, a technology business challenge that was conducted online with participants from 27 countries in Africa. Mawana stood out alongside two other African students from Nigeria and Ghana. His initiative Ffene is a low cost business …
Read More »Bank of Uganda maintains CBR at 12%
By Julius Businge The Bank of Uganda has for the fourth consecutive month maintained the Central Bank Rate (CBR) at 12% in March, according to the Monetary Policy Statement issued by the bank on March 5. The Bank said inflationary pressures have remained below single digits and that meant maintaining …
Read More »Kenya votes today
By The Independent Team Kenyans will today choose a president, members of parliament and senators, county governors and members of the newly formed county assembly. The Presidential race that has eight candidates vying for the post has been seen by many observers as mainly a two-horse race with Prime Minister …
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