Sunday , September 22 2024
Home / The Independent (page 1130)

The Independent

Post Bank in turmoil over fraud

Kampala, Uganda | THE INDEPENDENT | Less than a month after the State House Anti-Corruption Unit swooped on Post Bank over embezzlement of funds, seven of its top employees including the bank’s MD Stephen Mukweli are now facing corruption charges at the Anti-Corruption Court. They were charged with abuse of …

Read More »

SOUTH AFRICA POLL: ANC 57%, DA 20% and EFF 10%

ANC wins election, to lead S.Africa govt with diminished majority Pretoria, South Africa | AFP | South Africa’s ruling ANC was Saturday declared winner of general elections, handing it a sixth straight term in the post-apartheid era on what was nevertheless its worst electoral showing. The African National Congress (ANC) …

Read More »

Victory in sight for ANC in closely-watched South Africa poll

Pretoria, South Africa | AFP | South African President Cyril Ramaphosa’s ruling ANC was in touching distance of election victory Friday but with diminished support, complicating efforts to revive the country’s flagging economy and fight corruption, results showed. The African National Congress (ANC), in power since 1994, held a very …

Read More »

Mugabe’s tractors, trucks to be auctioned to pay off debts

Harare, Zimbabwe | AFP | Farm tractors, pick-up trucks and combine harvesters from former Zimbabwe president Robert Mugabe’s dairy farm will go under the hammer to pay off debts, auctioneers announced Thursday. Mugabe, who ruled Zimbabwe for 37 years, owned several farms despite laws limiting individuals to one farm. He …

Read More »

It is Arsenal vs Chelsea after Aubameyang hat-trick

Aubameyang hat-trick as Arsenal sweep into Europa League final Valencia, Spain | AFP | Chelsea will take on London rivals Arsenal in the Europa League final after scraping past Eintracht Frankfurt 4-3 on penalties following a 1-1 semi-final, second leg draw on Thursday. Eden Hazard struck the decisive spot-kick after the …

Read More »

Ministry of Finance optimistic, still pursuing SGR funding

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic development says that it still hopes to get funding from China’s Exim bank for the construction of the Standard Gauge Railway. The Uganda Standard Gauge Railway is a USD 2.269 Bn planned railway system linking the country to the …

Read More »