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Uganda to waive taxes on foreign venture funds

Kampala, Uganda | THE INDEPENDENT | At least 930 billion Shillings is available for possible lending as cheap long-term capital for small and medium enterprises from the Collective Investment Schemes, CIS, according to the Capital Market Authority. This is the value of the assets under management, which have grown from just …

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President Museveni commissions oil roads in Bunyoro

Hoima, Uganda | THE INDEPENDENT | President Yoweri Museveni on Tuesday commissioned three critical oil roads in Bunyoro sub-region. The roads include the 111km Hoima-Butiaba-Wanseko road and the 235km Kigumba-Masindi-Buliima-Hoima-Kabwoya road that was constructed at a cost of 356 Billion Shillings. The contract for the construction was awarded to Chongquing International …

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Dominic Ongwen’s appeal hearing scheduled for next month

Kampala, Uganda | THE INDEPENDENT | The International Criminal Court-ICC Appeals Chamber has fixed February 14 to 18, for hearing the oral submissions and observations on the appeal against the conviction and sentencing of Dominic Ongwen. The ICC sentenced the former Sinia Brigade Commander of the Lord’s Resistance Army-LRA, Ongwen on …

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Famine drives hundreds of Karamojong to Agago

Agago, Uganda | THE INDEPENDENT | Hundreds of women and children from Karamoja have fled to Agago district due to famine and insecurity in their homeland. Mohamed Okwir, the Adilang sub-county LC III chairperson, says that the Karamojong started arriving in the district in droves over the weekend and more are …

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Wife, lawyers demand unconditional release of Kakwenza

Kampala, Uganda | THE INDEPENDENT | Lawyers representing satirical novelist Kakwenza Rukirabashaija are demanding his immediate release. On Tuesday, plain-clothed operatives re-arrested Kakwenza from Kitalya prison, moments after he was granted bail. Kakwenza had been released by Buganda Road Court Chief Magistrate Douglas Singiza on a cash bail of 500,000 Shillings. …

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Uganda declines in corruption ranking – Global report

Kampala, Uganda | THE INDEPENDENT | Uganda has remained among the most corrupt countries in the world over the last year, with global indices showing not much change from recent years. According to Transparency International Corruption Perceptions Index for 2021, Uganda scored 27 out of 100, which is below the Sub-Saharan …

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Boda boda riders enthrone new patron

Kampala, Uganda | THE INDEPENDENT | Boda boda riders in Kampala have enthroned the former Kyengera town council LC III chairperson, Abdu Kiyimba, as their new patron more than three years after the collapse of Boda Boda 2010. Under their umbrella, Boda Boda Industry Uganda, which brings together over 60 boda …

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