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The independent

Sugar manufacturers downplay outcry on low production

Kampala, Uganda | THE INDEPENDENT | Sugar factories in Busoga region are expected to resume production in two weeks’ time, according to Jim Kabeho, the chairman of the Uganda Sugar Manufacturers Association. Up to six sugar factories in the region had halted production for more than two months to undertake routine …

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Sudan’s Mahdi rejects call for mass demos on June 30

Khartoum, Sudan | AFP | Sudan’s veteran opposition leader Sadiq al-Mahdi rejected on Wednesday a call for nationwide mass demonstrations against the country’s ruling generals on June 30. The remarks by the head of National Umma Party come as tension between the generals and leaders from the umbrella protest movement, the …

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Whistleblower raises red flag on UNRA recruitments

Kampala, Uganda | THE INDEPENDENT | A whistleblower has petitioned Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) over anomalies in the recruitment of staff at the Uganda National Roads Authority (UNRA). The Whistleblower alleges that the process is unfair and discriminative. Committee Chairperson Mubarak Munyagwa says that his …

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Stanbic launches online account opening

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has launched a service that allows new customers to open personal accounts online. The digitized process, which is accessible off the Stanbic Bank website www.stanbicbank.co.ug, means that customers can now open accounts on the go, anywhere, in any country and anytime. …

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Tullow considers selling all its assets in Uganda

Kampala, Uganda | THE INDEPENDENT | Tullow Oil is considering selling all its assets in Uganda as the firm down tax dispute rages on. The Irish company, which also owns Tullow Operations Uganda, has hinted on the slow progress towards resolving a Capital Gains tax dispute on the USD 900 million …

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Microfinance Regulatory Authority gets substantive executive director

Kampala, Uganda | THE INDEPENDENT | Edith Namugga Tusuubira has been named the substantive Executive Director of the Uganda Microfinance Regulatory Authority. The authority is a government agency mandated to regulate license and supervise tier 4 microfinance institutions and money lenders in Uganda. These include Savings and Credit Cooperatives –SACCOs, Non-deposit …

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Roscongress, Afreximbank and REC sign agreement to promote trade

Moscow, Russia | Isaac Khisa | As part of the Russia–Africa Economic Conference in Moscow, Russia, the Roscongress Foundation, African Export-Import Bank (Afreximbank), and the Russian Export Center (REC) on June.21 signed an agreement to cooperate on establishing effective communication between expert communities and business circles in the Russian Federation and …

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Referral hospitals want NMS monopoly broken

Kampala, Uganda | THE INDEPENDENT | The authorities of various regional referral hospitals want the monopoly of National Medical Stores to procure and supply medicine broken, according to the Public Accounts Committee Chairperson, Nathan Nandala Mafabi. He disclosed this on Tuesday as his committee was finalizing its engagements with National …

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