Tough times ahead as miscalculated spending, political activities and coronavirus threaten fast recovery of economic activities Kampala, Uganda | JULIUS BUSINGE | Uganda’s economy has been on a recovery path following the easing of COVID-19 pandemic lockdown restrictions, but the uncertainty surrounding the upcoming general elections is the latest concern, economists …
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Number of investors almost reach 1, 000 in just three years of business Kampala, Uganda | JULIUS BUSINGE | XENO Investment Management Limited has reported a Shs8bn as assets under its management for the year ended December 2019, signaling a growing interest in equity investments among the population. Aeko Ongodia, …
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Los Angeles | XINHUA | U.S. President Donald Trump’s star on the Hollywood Walk of Fame was destroyed Friday morning by a man who has attacked the monument multiple times since 2016. A video posted by the TMZ news website showed that a man wearing a black suit took a …
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Moscow,Russia | XINHUA | Moscow will provide all the necessary assistance to Yerevan in accordance with the 1997 treaty between the two countries if the clashes spill over into Armenia’s territory, the Russian Foreign Ministry said Saturday. “We reaffirm the commitment of the Russian Federation to its allied obligations towards …
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London, United Kingdom | XINHUA | British Prime Minister Boris Johnson is expected to hold a press conference at Downing Street at 4 p.m. (1600 GMT) on Saturday as media reports said that a national lockdown could be imposed as early as next week to quell the resurgency of coronavirus …
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Khartoum, Sudan | XINHUA | Sudan and U.S. have signed an agreement to restore Sudan’s sovereign immunity, said Sudan’s Justice Ministry. “Sudan’s government signed a bilateral agreement with the government of the United States on Friday to settle the cases filed against Sudan at U.S. courts, including the bombing of …
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Istanbul, Turkey | XINHUA | The death toll in a strong earthquake that hit Turkey’s western province of Izmir increased to 25, the Disaster and Emergency Management Authority of Turkey (AFAD) said on Saturday. In a written statement, the AFAD announced that a total of 804 people were wounded at …
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Kampala, Uganda | THE INDEPENDENT | There is a looming fall in maize prices amidst an expected good harvest this season due to good rains. But, the market remains subdued according to both farmers and exporters due to increasing preference of raw grain by the regional markets. Uganda’s smallholder farmers …
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Kampala, Uganda | THE INDEPENDENT | Khat and Marijuana have been listed as the drug of choice for many adolescent boys and young men, according to findings of a study by Makerere University School of Public Health. Khat is a flowering plant which contains a stimulant believed to cause excitement, …
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Bunyangabu, Uganda | THE INDEPENDENT | Uganda People’s Defense Forces – UPDF is investigating circumstance under which one of their soldiers shot dead a woman and her child in Bunyangabu district. Paul Lotukei allegedly shot and killed Pamela Nayebare, 26, and her 9-month-old son Owen Kusemererwa on Friday at …
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The Independent Uganda: You get the Truth we Pay the Price
