Why modern day Rockefellers have even greater influence over our economies than in the original Gilded Age COMMENT | NABIL AHMED | The past 12 years have been extremely good for the ultra-rich. The fortunes of billionaires a group comprising the 2,640 wealthiest people on the planet, most of whom are …
Read More »Under mounting pressure, Biden opts to presse for ceasefire in Gaza
WASHINGTON | Xinhua | Amid growing domestic discontent over his handling of the Israeli-Palestinian conflict, U.S. President Joe Biden is now pressing for a ceasefire in Gaza in the run-up to November’s presidential elections. As more than 30,000 Palestinians have been killed in the Gaza Strip since Israel began its …
Read More »Economic possibilities for our overworked grandchildren
Why settle for a single TV when you can work harder and install screens in every room and in the car? COMMENT | KAUSHIK BASU | In 1930, John Maynard Keynes published his short essay “Economic Possibilities for Our Grandchildren,” in which he outlined his vision of a future global economy …
Read More »Former Tanzanian President Ali Hassan Mwinyi passes away at 98
DAR ES SALAAM, TAZANIA | Xinhua | Tanzania’s former President Ali Hassan Mwinyi passed away on Thursday at the age of 98, the country’s President Samia Suluhu Hassan said. Mwinyi served as the second president of Tanzania from 1985 to 1995, succeeding the country’s founding president, Julius Nyerere. Hassan announced …
Read More »Uganda’s Kiplangat ready for 2024 Tokyo Marathon
KAMPALA, Uganda | Xinhua | Ugandan runner Victor Kiplangat has said he is well prepared ahead of the 2024 Tokyo Marathon slated for March 3. Kiplangat who has already hit the qualifying time for the Paris Olympic Games told Xinhua that he has put in a lot of work during …
Read More »Court extends criminal summons against Kitutu over shs1.5 billion loss
Kampala, Uganda | THE INDEPENDENT | The Anti-Corruption Court in Kampala has extended its criminal summons against Karamoja Affairs Minister Mary Goretti Kitutu Kimono requiring her to appear in court on March 19th 2024 and be charged with causing government financial loss of 1.5 billion shillings. The summons which were initially …
Read More »NUP asks Mpuuga to step down with immediate effect
Kampala, Uganda | THE INDEPENDENT | The National Unity Platform (NUP) has asked Masaka Municipality MP Mathias Mpuuga to resign from his position as parliamentary commissioner following his admission to receiving 500 million shillings. In a statement released by the NUP secretariat on Thursday evening, party President Robert Kyagulanyi, alias Bobi …
Read More »Cipla Quality Chemical Industries changes name
Kampala, Uganda | THE INDEPENDENT | On Feb.22, in a notice, Emmanuel Katongole, the Chairman and Co-Founder Quality Chemical Industries Limited announced the changes saying the announcement is made pursuant to Rule 36(2) of the Uganda Securities Exchange Listing Rules 2021. “Quality Chemical Industries Limited wishes to notify its shareholders and …
Read More »Molly Katanga seeks bail on charges of murdering husband
Kampala, Uganda | THE INDEPENDENT | Businesswoman Molly Katanga who is accused of murdering her husband Henry Katanga has applied to the High Court to grant her bail. Prosecution alleges that 55-year old Molly on November 2nd, 2023 at Mbuya Chwa two Road, Nakawa Division Kampala Capital City with malice aforethought murdered Henry …
Read More »Uganda to vaccinate over 10,000 health workers against ebola
Kampala, Uganda | THE INDEPENDENT | Government is set to vaccinate over 10,000 high risk health workers against Ebola starting in May, 2024. The exercise will target mainly 20 districts along the border line with the DR Congo, and some places in Kampala city against Ebola. This revelation was made by …
Read More »