NEWS

Kampala, Uganda | THE INDEPENDENT | Kampala City Trader’s Association-KACITA has called for the reduction of the Central Bank Rate-CBR, saying it has made borrowing from commercial banks very expensive. CBR is the rate that is used by the Central bank to implement or signal its monetary policy stance. It is …

Kabale, Uganda | THE INDEPENDENT | Former Minister of Agriculture Hope Ruhindi Mwesigye has expressed doubt over the Parish Development Model that is being implemented by the government as a tool to uplift the livelihood of 39% of Ugandans from subsistence to cash economy. The former Kabale District Woman MP …

Amuru, Uganda | THE INDEPENDENT | Hundreds of trucks have piled up at Elegu border point in Elegu town council, Amuru district following violence that erupted across the South Sudan border town of Nimule on Monday. Traffic came to a standstill for the better part of Monday after angry locals staged …

Kampala, Uganda | THE INDEPENDENT | The Uganda Muslim Supreme Council-UMSC, the highest decision making organ of the Muslim umbrella body has started discussing the draft amended constitution. It comes almost a week after the Constitutional Review Commission chaired by Prof. Idris Serugo Kasenene, handed over the draft amended constitution to …

Kampala, Uganda | THE INDEPENDENT | The banking industry is worried over the rate at which the cost of living in Uganda is rising threatening the recovery of the economy. The Uganda Bureau of Statistics reports that headline inflation steadily increased to 6.8 per cent at the end of June, from …

Kampala, Uganda | THE INDEPENDENT | A section of local government accounting officers from Acholi sub-region have attributed delays in submitting their budget estimates for FY2022/23 to system errors on the Ministry of Finance Programme Budgeting System [PBS] software. This comes days after the Permanent Secretary in the Ministry of Finance, …

Kampala, Uganda | THE INDEPENDENT | The opposition National Unity Platform-NUP has unveiled a construction site for the new party headquarters located in Makerere-Kavule, Kawempe Division, a Kampala city suburb. The construction groundbreaking function was held at the new site by the NUP leaders led by Robert Kyagulanyi Ssentamu, divisional councilors, …

Kampala, Uganda | THE INDEPENDENT | Kampala Resident City Commissioners have vowed to continue with the ongoing boda-boda registration despite a petition by the Lord Mayor Erias Lukwago challenging the directive by the Minister for KCCA, prohibiting all unregistered boda bodas from operating in the Kampala Metropolitan Area. Anderson Burora, the …

Kampala, Uganda | THE INDEPENDENT | Uganda will host the 2022 Africa Zone IV Golf Championship scheduled for July 14-16 at the Lake Victoria Serena Golf Resort and Spa. The championship will attract titleholders Uganda, Tanzania, Kenya, Ethiopia, Rwanda and Burundi. Joseph Bagabo, the treasurer of the Uganda Golf Union, told …

Kampala, Uganda | THE INDEPENDENT | The Finance Committee of parliament and Roko Construction Limited have disagreed on the alternative financing possibilities for the company. The committee is considering a proposal from the government to purchase 150,000 shares worth Shillings 202.13 billion in Roko Construction Limited payable over five years. The …