Davos, Switzerland | AFP | The number of billionaires has doubled in the past decade and the world’s 22 richest men now have more wealth than all the women in Africa, Oxfam said Monday in an appeal to the Davos elite to get serious about inequality. “Our broken economies are …
Read More »Huawei exec goes to Canada court to fight US extradition
Vancouver, Canada | AFP | A senior Huawei executive whose arrest in Vancouver led to a breakdown in Canada-China relations headed to court on Monday to fight extradition to the United States. Meng Wanzhou, the company’s chief financial officer and eldest daughter of its founder Ren Zhengfei, is wanted by …
Read More »Ex-Commander of the Flying Squad Herbert Muhangi released
Kampala, Uganda | THE INDEPENDENT | The General Court Martial in Makindye has reinstated the bail of former Flying Squad Commander Herbert Muhangi who is facing charges of failure to protect war materials and aiding and abetting kidnaps in Uganda. Muhangi was first granted a non-cash bail of ten million …
Read More »Police, UCC raid finds man with 1,024 SIM cards
Kampala, Uganda | THE INDEPENDENT | The Uganda Police together with Uganda Communications Commission have apprehended eight people suspected to be engaged in SIM boxing electronic fraud. SIM boxing is a practice in telecommunications whereby a person or group of people set-up a device that can take up several SIM …
Read More »Angolan ex-president dos Santos denies ties to daughter’s alleged graft
Luanda, Angola | AFP | Angola’s former president Jose Eduardo dos Santos has denied links to alleged public company embezzlement during his rule, in his first response to corruption investigators last month freezing his daughter’s assets. Isabel dos Santos, the ex-president’s billionaire first-born, has been the target of an anti-corruption …
Read More »Museveni, Kagame set to meet in London
London, UK | THE INDEPENDENT | President Yoweri Museveni and his Rwandan counterpart Paul Kagame are expected to meet in London on the sidelines of the UK-Africa Investment Summit 2020 which starts today. If it goes as proposed, this will be the first meeting for the two Presidents since last …
Read More »Oilers win 7th Uganda basketball title
Canons 5⃣7⃣ 🆚 7⃣2⃣ City Oilers Kampala, Uganda | THE INDEPENDENT | City Oilers on Sunday defended the National Basketball League title after stopping Uganda Christian University (UCU) Canons 72-57. The Oilers who started the best of seven final series with a 3-1 lead had slowed down as UCU closed the …
Read More »Centenary Bank gets US$10 million for SME lending
Kampala, Uganda | THE INDEPENDENT | Centenary Bank has signed a Loan Portfolio Guarantee agreement with the African Guarantee Fund worth US$10million to fund SMEs in Uganda. The 5-year partnership aims to unlock financing intended to facilitate the promotion and growth and development of Small and Medium sized Enterprises. Fabian …
Read More »Charles Njonjo marks 100th birthday with visit to Uganda
Kabale, Uganda | THE INDEPENDENT | Kenya’s former Attorney General Charles Njonjo started celebrations leading to his 100th birthday this week by tracking gorillas in Uganda at the weekend. The former flamboyant and powerful Attorney General of Kenya in the Jomo Kenyatta and early Daniel Arap Moi presidency, was at Mgahinga Gorilla …
Read More »Why EC has petitioned Supreme Court over dismissed MPs
Kampala, Uganda | THE INDEPENDENT | The Electoral Commission filed an application in the Supreme Court seeking to stay the execution of the recent Constitutional court ruling which dismissed the election of six MPs in the newly created municipalities. Last year’s judgment affected Apac Municipality MP Patrick Ocan, Sheema Municipality …
Read More »