Thursday , November 14 2024

The Independent

MK Movement turns into National Patriotic League of Uganda

  Kampala, Uganda | THE INDEPENDENT | Supporters of Gen Muhoozi Kainerugaba who have been rallying Ugandans politically under the MK Movement, have today relaunched as Patriotic League of Uganda, with the aim of setting a foundation for a political party that will contest national elections in future. The Patriotic …

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BOU: Domestic borrowing risking country’s growth

Kampala, Uganda | THE INDEPENDENT |  The Bank of Uganda (BOU) has expressed fear over the rising borrowing by the government from the local banking industry, saying it could team up with other factors to affect the growth of the economy. As of the end of June 2023, the government …

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Dog Kanyanya, Kisenyi criminal gang leader dead

Kampala, Uganda | THE INDEPENDENT |  Dog Kanyanya, the ringleader of a major Kisenyi criminal gang has succumbed to bullet wounds he sustained during police operations. Police were informed at around 9 am last Friday that pedestrians had been attacked by a gang of more than 12 members all armed …

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US federal appeals court denies Trump immunity from prosecution

WASHINGTON | Xinhua | In a significant legal development, a three-judge panel from the U.S. Court of Appeals for the D.C. Circuit on Tuesday delivered a ruling denying Donald Trump broad immunity from federal prosecution. This ruling represents a notable setback for the former president, who is highly likely to …

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DPF pays depositors of closed ECF Microfinance

  Kampala, Uganda | THE INDEPENDENT |  The Deposit Protection Fund (DPF) has completed the payment of individually protected depositors of the closed EFC Microfinance Uganda. Last month, the Bank of Uganda placed EFC Uganda Limited under liquidation, revoked its license, and ordered the winding up of its affairs, citing a …

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