Kampala, Uganda | THE INDEPENDENT |  Businessman Sudhir Ruparelia says he was forced to acquire National Bank of Commerce (NBC), days after it was closed by the Bank of Uganda. Crane Bank Limited, according to Sudhir, paid sh1.12 billion as consideration of the agreement to take over NBC. The National …

  Following liberalisation of Uganda’s economy in the 1990’s, private sectors alongside the public enterprises and publishers have increased investments in printing infrastructure, and the business is now on the upward trend. The Independent’sIsaac Khisa spoke to the Irene Muwanguzi, the Managing Director at the Uganda Printing and Publishing Corporation …

Kampala, Uganda | THE INDEPENDENT | The agreement for the sale of Crane bank to DFCU was shoddy and fraudulent, Former Crane Bank owner, Sudhir Ruparelia has told the ongoing Bank of Uganda probe. According to Sudhir, the Purchase of Assets and Liabilities (P&A) agreement signed between BoU and DFCU …

Kampala, Uganda | AFP |  Uganda’s communications regulator on Wednesday ordered the country’s main independent newspaper the Daily Monitor to shut down its website. In a letter to the newspaper’s managing director, the head of the Uganda Communications Commission (UCC), Godfrey Mutabazi, said the Daily Monitor had failed to register …

Which HiLux variant is a better buy; the cheaper more off-road biased Rugged or the town-oriented Rogue? Kampala, Uganda | AGENCIES | On the surface, it might appear as if these two vehicles are aimed at different buyers. At least that’s what Toyota would like for you to think but …

Kampala, Uganda | THE INDEPENDENT | A joint security team comprising police and military personnel has blocked a procession of Makerere University Students who were due to convene a General Assembly at the freedom square. The students leadership had called a General Assembly to discuss the ongoing standoff between the …

  OBITUARY | Agencies | The death of famed Zimbabwean musician and social commentator lovingly known as “Tuku” on Jan.23 plunged the African continent in mourning.  He died at Harare’s Avenues Clinic after battling diabetes for years. An inimitable lyricist and charismatic performer, he was a shining beacon on the …

  Kampala, Uganda | AGENCIES | A team of researchers from Ecole Polytechnique Fédérale de Lausanne in Switzerland that was trying to figure out why we do not hear our heart beat, has made a surprising discovery; that our heart affects what we see. They explain that humans have spectacularly …

Tough regulation for fish in offing Kampala, Uganda | PATRICIA AKANKWASA | Fish maw business will soon be regulated to minimize exploitation of fish farmers and suppliers. Vincent Sempijja, the agriculture minister told The Independent in an interview that the sale of fish maw has become a lucrative business for …

Kampala, Uganda | THE INDEPENDENT | Members of parliament have rejected a statement from the Public Service Ministry on the status of Godfrey Sasaga, the Director Citizenship and Immigration Control and Apollo Kazungu, the Commissioner for Refugees. The duo was interdicted last year on the directives of President, Yoweri Museveni. …