Kampala, Uganda | THE INDEPENDENT | The Britam Asset Managers Uganda has introduced an investment solution that gives its clients access to competitive, short term interests on their fixed tenor investments for a pre-determined time. This follows the launch of the Fixed Income Money Market Fund (FIMMF) dubbed, Britam Easy Earner, by …
Read More »UHF: Private hospitals drowning in unpaid debts
Kampala, Uganda | THE INDEPENDENT | The Uganda Healthcare Federation (UHF), an umbrella body for private healthcare providers has expressed the need for an efficient strategy that enables clients pay their due medical bills without creating an unnecessary strain with service providers. Speaking to URN in an interview on Thursday, …
Read More »Bank of China transacts first direct investment in yuan in Argentina
Bueno Aires, Argentina | Xinhua | The Buenos Aires branch of the Bank of China has transacted the first direct investment in yuan in Argentina, marking a new milestone in the incorporation of China’s currency as an asset in the South American country. Chinese energy firm Brunp Recycling becomes a …
Read More »Warrant of arrest against former UNBS director not yet executed
Kampala, Uganda | THE INDEPENDENT | The Anti-Corruption Court in Kampala has extended its warrant of arrest against David Livingstone Ebiru, the former Executive Director of the Uganda National Bureau of Standards-UNBS . This is after he failed to appear for the second time to answer charges related to offering …
Read More »Global social security body opens regional focal center at NSSF
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has been elected as the focal point for the implementation of the International Social Security Association’s (ISSA) activities in East Africa. ISSA is the world’s international organisation for social security institutions, government departments, and agencies, with over 320 member …
Read More »Teacher jailed 8 years for defiling pupil
Yumbe, Uganda | THE INDEPENDENT | Yumbe Magistrates Court has sentenced a teacher of Kumari Primary School in Koboko district to eight years in jail for defilement. Bosco Atiku, 36, a teacher of Kumari Primary School in Koboko District defiled a primary seven pupil of Omgbokolo Primary School in Yumbe …
Read More »The Independent wins defamation case against former MTN boss
Kampala, Uganda | THE INDEPENDENT | The High Court sitting in Kampala has today (Aug.31) dismissed a case of defamation filed against The Independent Publications Limited by the former General Manager Corporate Services and Chief Legal Counsel at Telecom giant, MTN Uganda. Justice Musa Ssekaana ruled that Anthony Mutyaba Katamba had failed …
Read More »Nabakooba stops opening of boundaries on disputed land in Luwero
Luwero, Uganda | THE INDEPENDENT | Judith Nabakooba, the Minister of Lands, Housing and Urban Development has halted opening of boundaries on 13 square miles of land in Luwero District. The disputed land is located in two parishes of Kalasa and Nsanvu parish in Makulubita sub county. It is reported …
Read More »Businessman remanded in Kenyan sh1.3billion fraud case
Kampala, Uganda | THE INDEPENDENT | A businessman who allegedly defrauded a Kenyan investor of sh1.3 billion has been remanded. Elijah Martin Rusoke commonly known as Albert Kamugisha was on Wednesday arraigned before City Hall Court and charged with two counts of obtaining money by false pretense and conspiracy to …
Read More »Why LRA leader, son parted ways
Gulu, Uganda | THE INDEPENDENT | Ali Ssalongo Kony, the son of the fugitive Lord’s Resistance Army (LRA) rebel leader Joseph Kony has opened up on why he parted ways with his father. The 29-year-old recently returned quietly with his family members comprising his mother, expectant wife, and three children …
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