Tuesday , November 12 2024

The Independent

Former Crane Bank board chair accuses BOU of frustrating investors

  Kampala, Uganda | THE INDEPENDENT | The former Crane Bank Chairman of Board of Directors, Joseph Biribonwa, has accused the Central Bank for frustrating investors. Biribonwa on Wednesday appeared with the former Crane Bank owner Sudhir Ruparelia before Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) that …

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GOVT: We trust University Council to handle Makerere troubles

  Kampala, Uganda | THE INDEPENDENT |  Government has said it is confident that the Makerere University council will be able to manage the chaos at the University before it gets out of hand. The institution is in disarray following the suspension of Makerere University Academic Staff Association Chairperson Deus …

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Mak staff reject Nawangwe’s directive to call off strike

Kampala, Uganda | THE INDEPENDENT |  Makerere University academic staff have rejected a directive from the Vice Chancellor Professor Barnabas Nawangwe to resume work. The staff last month went on a sit-down strike protesting the suspension of their association leaders. Nawangwe suspended Dr Deus Kamunyu Muhwezi, the Chairperson of Makerere …

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‘Future of printing and publishing in Uganda bright’

  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 …

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SUDHIR: Crane Bank sale was fraudulent

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 …

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UCC orders Daily Monitor to shut website

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 …

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Security blocks Makerere students assembly

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 …

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Music icon Oliver Mtukudzi dies at 66

  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 …

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