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Accountants body finds solution to better exam results

Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants has registered an improvement in the pass rate, reversing a trend that has seen constant performance below 40 per cent over the years. In the May 2024 cohort, two examinations; Accounting Technicians Diploma (ATD) and Certified Tax Advisors (CTA) …

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UHI, Jinja hospital give free cardiac surgeries to infants

Jinja, Uganda | THE INDEPENDENT | The Uganda Heart Institute (UHI), in collaboration with Jinja Regional Referral Hospital, has launched a five-day camp to provide free cardiac surgeries to 11 infants from various districts across the Busoga sub-region. The camp, running from June 17 to 21, began with patient admissions for …

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Energy Ministry to license artisanal miners in Karamoja

Moroto, Uganda | THE INDEPENDENT | The Ministry of Energy and Mineral Development is set to license artisanal miners in Karamoja to formalize their operations and mitigate environmental impacts. Artisanal and Small Scale Mining (ASM) accounts for up to 90 percent of mineral production but poses significant environmental and livelihood challenges. …

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‘World Bank grant for women empowerment misallocated’

Kampala, Uganda | THE INDEPENDENT | The Public Accounts Committee (PAC) has raised concerns over the utilisation of a Shs803 billion World Bank grant intended for the Generating Growth Opportunities and Productivity for Women (GROW) Project. According to a report of the Auditor General, despite the grant’s primary goal of supporting …

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MTN ACE program phase 2 to receive Shs4.5bn

Kampala, Uganda | THE INDEPENDENT | MTN has announced a Shs4.5bn funding for its second phase of a youth-centered initiative dubbed the MTN ACE program. MTN executives said, the announcement follows the outstanding success of the initial phase and that MTN Uganda’s corporate social responsibility arm, MTN Foundation, is the …

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Museveni renews Brigadier Mugabe’s contract

Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni, has officially renewed the contract of Brigadier Freeman Robert Mugabe as Chairperson of the General Court Martial. Brigadier Mugabe’s contract, which expired on June 9th, was renewed last Thursday, according to a letter dated June 6th, 2024. The renewal comes after …

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BoU closes Mercantile Credit Bank Ltd

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has revoked the license of Mercantile Credit Bank Ltd and ordered the company to wind up its affairs. Mercantile is a Tier II financial institution. Credit Institutions are described as “non-bank” financial institutions that engage in the acceptance of call and …

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Nankabirwa warns brokers about illegal power connection fees

Wobulenzi , Uganda | THE INDEPENDENT | The Minister of Energy and Mineral Development Ruth Nankabirwa has cautioned Ugandans against paying illegal fees for power extension in their villages. About 57.2 % of people in urban areas and 10% in rural areas have access to electricity in Uganda. As a …

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