Kampala, Uganda | THE INDEPENDENT | The Office of the Director of Public Prosecutions has asked the Court of Appeal to dismiss an appeal in which Godfrey Wamala alias Troy is challenging a 14-year jail term handed to him for his role in the death of Musician Moses Ssekibogo commonly …
Read More »President returns the Local Content Bill, again
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has returned the National Local Content Bill, 2022 to Parliament for the second time asking the House to reconsider his earlier recommendations which he said have not been fully addressed. Deputy Speaker Thomas Tayebwa made the revelation as he chaired the …
Read More »Dozens turn up as Mulago launches interventional radiology services
Kampala, Uganda | THE INDEPENDENT | 45 year old Frank Kasaija fell as he went grazing about four years ago in the rural Ntoroko district. Since then he has been in and out of hospitals due to excruciating pain in the upper part of his abdomen. A scan done …
Read More »MPs task Muhoozi on Teso cattle compensation
Soroti, Uganda | THE INDEPENDENT | Members of Parliament from the Teso sub-region have called on the first son, Muhoozi Kainerugaba, to remind his father, President Yoweri Museveni, about the issue of cattle compensation in the region. In a memo delivered to Muhoozi at Soroti Sports Ground by the Soroti …
Read More »Finance Ministry not involved in number plates pricing – Lugoloobi
Kampala, Uganda | THE INDEPENDENT | The Minister of State for Finance, Planning and Economic Development (Planning), Amos Lugoloobi has said that the ministry did not play a part in pricing the Shs732,000 new digitised number plates. Lugoloobi also revealed that the ministry did not conduct due diligence on Global …
Read More »Tayebwa calls for calm over suspension of World Bank funding
Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker, Thomas Tayebwa has urged Members of Parliament to remain calm as the government continues to engage the World Bank on funding of new projects. The World Bank Group issued a statement on 08 August 2023 suspending new public financing to Uganda …
Read More »Bank of Uganda lowers CB rate for first time in 2 years
Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has lowered the Central Bank Rate (CBR) to 9.5 percent, an indicator of its intention to bring down the cost of credit, for the first time since June 2021. The rate, which the Monetary Policy Committee uses to influence interest …
Read More »Company loses appeal to block URA from accessing its financial records
Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has dismissed an appeal in which YO! Uganda Limited, a Financial Technology company was seeking a temporary injunction restraining Uganda Revenue Authority from accessing, reviewing or disclosing information contained in the electronic and manual records seized from the company premises …
Read More »Why Uganda needs change makers now more than ever
Kampala, Uganda | THE INDEPENDENT | Uganda is currently experiencing lots of disruptions and crisis that call on citizens to raise and contribute to the economic empowerment of our communities and hence the nation. To make such happen, is the shift in people’s mindset towards an understanding that the community problems …
Read More »BOU: Uganda financial sector robust, to survive World Bank blacklist
Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has assured the banking and financial industry that it will ensure its stability and the sustainability of the microeconomics of the country amidst the withdrawal of the World Bank from new loan deals. The World Bank decision communicated last week …
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