Kampala, Uganda | THE INDEPENDENT | Government has allocated 627 Billion Shillings to capitalize seven banks. The banks include Uganda Development Bank (UDB) with 103 billion, Housing Finance Bank 30 billion, Post Bank 4.7 billion, International Development Bank 2 billion, Trade Development Bank 2.5 billion and Africa Development Bank (ADB) …

Washington, United States | AFP | Rising corporate and government debt levels and the sharp increase in more risky lending could leave the global economy vulnerable to another severe downturn, the International Monetary Fund warned Wednesday. While the concerns “aren’t all setting off alarm bells just yet,” governments will face challenges …

Kampala, Uganda | THE INDEPENDENT | Justice Catherine Bamugemereire has called for the amendment of the Land Acquisition Act of 1965. Bamugemereire says that the law does not clearly define the person who has powers to acquire land compulsorily. She gives an example of Tanzania where powers over land are …

Kampala, Uganda | THE INDEPENDENT | The Minister of Works and Transport Eng. Monica Azuba has said that the National Airline will launch its first flight in July. Azuba confirmed to the MPs on the Committee of Physical Infrastructure that the two CRJ900 bombardier air crafts will arrive in the …

Alger, Algeria | AFP | Algeria will head to the polls in July, the presidency announced Wednesday, as demonstrators kept up protests against the ruling elite following veteran leader Abdelaziz Bouteflika’s resignation. Presidential elections will be held on July 4, interim leader Abdelkader Bensalah’s office said, just hours after he pledged …

Liverpool, United Kingdom | AFP | Virgil van Dijk says Liverpool can win a Premier League and Champions League double after they took charge of their European quarter-final against Porto. Naby Keita and Roberto Firmino struck inside the first 26 minutes at Anfield on Tuesday to give Jurgen Klopp’s men a 2-0 victory. Unlike their …

Kampala, Uganda | THE INDEPENDENT | Entebbe Municipality is struggling to annex Katabi and Kajjansi town councils to form the proposed Entebbe City. The government has earmarked nine municipalities for elevation to city status in the next financial year. The nine municipalities include; Fort Portal, Mbarara and Hoima. Lira, Arua, …

Kampala, Uganda | THE INDEPENDENT | Having trouble to decide which fruit to plant to generate income? Avocado could be a good bet. It can go on a toast, with pizza, morning katogo and make good juice. The growing demand for fruits both domestically and internationally has forced several farmers to …

Kampala, Uganda | THE INDEPENDENT | Media managers have welcomed with reservations, provisions of the new Persons with Disabilities law, which was enacted by parliament last week. The Persons with Disabilities Act, 2018 provides, among others, that all newscasts on public and private television stations must have a Ugandan sign language …

Kampala, Uganda | THE INDEPENDENT | The number of suspects arrested in connection to the kidnap of American tourist, Kimbley Sue Endicott has risen to nine.  Police picked up eight other suspects on Tuesday from Kihihi Town council in Kanungu district. Police Spokesperson, Fred Enanga confirmed the arrest of more …