Kampala, Uganda | THE INDEPENDENT Businesses should desist from putting their main income generating assets as collateral to get loans from banks, an expert has said. Sarah Mbinji, an International Finance Corporation trainer, said on Wednesday that using your cash-cow asset as security to get a loan would be akin to …
Read More »Five reasons why Leipzig has made it to the top
Kampala, Uganda | XINHUA | Of the four UEFA Champions League semifinalists, RB Leipzig’s story is akin to a fairy tale. While Bayern’s opponent Lyon has established itself in the upper reaches of European football in the past two decades, Leipzig’s development – ahead of the match against Paris Saint-Germain …
Read More »CAF postpones FIFA U-20 Women’s World Cup qualifiers
Kampala, Uganda | XINHUA | The Confederation of African Football (CAF) has postponed the FIFA U-20 Women’s World Cup qualifiers due to COVID-19. A statement issued by CAF said the postponement of the qualifiers was as a result of travel restrictions across the African continent. “Due to travel restrictions across …
Read More »Suspected car Robber arrested in Kampala
Kampala, Uganda | THE INDEPENDENT Julius Ssempija, a suspected robber of a Fuso truck from Busia town has been arrested in Kampala, thanks to tracking by the flying squad. Ssempijja was picked from his garage at Kabulengwa, Lubaga Division, in Kampala and detained at the Central Police Station in Kampala. He …
Read More »NUP reopens Kitgum offices against security directives
Kitgum, Uganda | THE INDEPENDENT National Unity Platform (NUP) party and People Power Movement activists have forcibly reopened their offices in Pandwong Division, Kitgum Municipality more than a week after it was closed down by security. The office was established to coordinate the NUP/People power movement activities in the districts of …
Read More »Construction of Aduku town council administration block nears completion
Kwania, Uganda | THE INDEPENDENT | Construction of the Aduku Town Council Administration Block that commenced in June last year is nearing completion. The project worth Uganda shillings 80 million under taken by PARADISO-Uganda Limited with funding from the Ministry of Finance, Planning and Economic Development sits on a 5-acre town …
Read More »CID probes five NRM, NUP politicians for defying COVID-19 guidelines
Kampala, Uganda | THE INDEPENDENT The Criminal Investigations Directorate–CID is investigating four National Resistance Movement –NRM politicians and the National Unity Platform –NUP to record statements on allegations of defying COVID-19 guidelines. The politicians include State Minister for Investment Evelyn Anite, Kyadondo East MP and presidential aspirant, Robert Kyagulanyi alias Bobi …
Read More »Village youths leaders want EC to reduce voting time
Luweero, Uganda | THE INDEPENDENT The newly elected Village Youths Committee leaders and voters have asked the Electoral Commission to reduce the voting hours in the next round of elections for Special Interest Groups. The youth leaders say that the time allotted during the election of village youth committees on Monday …
Read More »Youth council elections in Busia municipality halted over chaos
Busia, Uganda | THE INDEPENDENT Election Officials in Busia district have halted the election for youth Councils in Eastern Division, Busia Municipality over chaos. The elections in both Mawero East A and Marachi parishes were marred with chaos after supporters of some of the candidates started throwing stones at their opponents …
Read More »URA registers UGX 179b surplus for July collections
Kampala, Uganda | THE INDEPENDENT Uganda Revenue Authority – URA registered a surplus in tax collections for July 2020 after some people and corporations that had suspended payments during the Coronavirus (COVID-19) lockdown paid up. URA collected 1.2 trillion Shillings in July 2020 against a target of 1.02 trillion Shillings – …
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