Over 1000 participants from around the world will converge in Uganda May 2-5 to discuss matters accounting and finance. Speaking to journalists ahead of the meeting on April 30 in Kampala, Rachel Grimes, the president of the International Federation of Accountants (IFCA) said the meeting will serve as an opportunity …
Read More »BUSINESS: Why sugar price is going up
Factory price of 50kg bag up by 48% in April 2017 There is bad news for sugar consumers in the country going by current issues happening in the industry. Official figures for the year 2016 from industry controllers Uganda Sugarcane Manufacturers Association (USMA) millers – Kakira, Kinyara and SCOUL …
Read More »Muhoozi Kainerugaba flags off fundraising run, urges youth to join army
Senior Presidential Adviser for Special Operations Maj General Muhoozi Kainerugaba has urged youth to consider joining the Uganda Peoples’ Defence Forces (UPDF) as a way of serving their nation while maintaining physical fitness. Gen.Muhoozi made the remarks at Namirembe Cathedral grounds while flagging off the Namirembe Rehabilitation Run 2017 organized by …
Read More »OIL: Museveni talks tough on presidential handshake money
Whoever breached the law in the six billion shilling oil cash payout must face the law – Museveni The chairperson of Uganda’s parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) Abdu Katuntu has said President Yoweri Museveni wants the solicitor General to account for sh5.6 billion supposed to have …
Read More »WANTED: Uganda’s Attorney General Byaruhanga and Muhakanizi
The High Court – Lands division, has issued an arrest warrant for Uganda’ s Attorney General William Byaruhanga, Secretary to the Treasury Keith Muhakanizi and the Director General of the External Security Organisation Ambassador Julius Ocwet, after finding them guilty of contempt of court. Justice Andrew Bashaija ordered police to …
Read More »Bank of Africa commits to fast business financing through an SMEs scheme
Bank of Africa Uganda Limited has launched a small and medium enterprises (SMEs) scheme to help small business access finance. The scheme provides for a variety of products like unsecured bid guarantee of up to sh200 million, unsecured invoice discounting facility of up to sh200 million and asset finance loan …
Read More »Rwanda Ambassador in Uganda tells youth to reject divisive ideologies
Rwanda’s High Commissioner to Uganda Maj.Gen (rtd) Frank Mugambage has rallied young people to be wary of divisive ideologies like genocide, warning that it’s such that led to the destruction of Rwanda in 1994. He made the remarks while speaking to over 100 young people from Uganda and Rwanda that …
Read More »Dr Stella Nyanzi taken back to Luzira until May 10
Dr.Stella Nyanzi loses bail review application Makerere University Researcher Dr. Stella Nyanzi has been sent back on remand at Luzira Prison until Buganda Road Court hears and determines the state’s application to inquire into her mental status. High court Judge Elizabeth Kabanda ruled that it will be after the outcome …
Read More »BAIL: Dr Stella Nyanzi wanted in court today
The High Court in Kampala has ordered Luzira Prison authorities to produce Makerere University researcher Dr. Stella Nyanzi, accused of cyber harassment, for a review on her bail application. Justice Elizabeth Kabanda is set to preside over this matter. Deputy Registrar incharge of criminal matters Emmanuel Baguma issued the production warrant …
Read More »Stella Nyanzi case moved to May 10
The cyber harassment case against Makerere researched Dr.Stella Nyanzi before Buganda Road Magistrates Court has been adjourned to May 10 to await the out come of a request she made in the High Court seeking a review of the no-bail-yet orders of trial magistrate James Eremye Mawanda. Chief Magistrate Eremye …
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The Independent Uganda: You get the Truth we Pay the Price