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The Independent

IMF urges policymakers to keep tight fiscal stance to help fight inflation

Washington, U.S. | Xinhua | The International Monetary Fund (IMF) on Wednesday urged policymakers to prioritize protecting the vulnerable through targeted support, while keeping a tight fiscal stance to help fight inflation. “Governments confront difficult trade-offs amid sharp increases in food and energy prices,” Vitor Gaspar, director of the IMF’s fiscal …

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1,500 families in Kikuube district face forceful eviction

Kikuube, Uganda | THE INDEPENDENT | More than 1,500 families from six villages in Kikuube district are facing forceful eviction from their ancestral land. The affected families are located in Ndongo, Kisoba, Kahara, Nyanseke, Nyakabaale, and Hohwa villages, in Kaseeta parish, Kabwoya lower sub-county. The land in question measures 501 hectares …

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Buganda Kingdom painting

The artist figuratively explores and interrogates the subject of peace tranquility in the Monarchy Kamapala, Uganda | DOMINIC MUWANGUZI | Buganda is the largest Kingdom in Uganda occupying vast territory across the country. Since the precolonial times, the monarchy has hosted several groups of people including Arab traders, European explorers …

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Mending a broken heart

Could ‘love hormone’ help regenerate heart muscle cells after heart attack? | THE INDEPENDENT | Almost 18.6 million people die each year from cardiovascular disease, including coronary artery disease, which causes heart attacks. Researchers from Michigan State University have found evidence that the hormone oxytocin helps stimulate the regeneration of …

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RockCity Radio mast to be placed on summit of Tororo Rock

Tororo, Uganda | THE INDEPENDENT | Tororo Broadcasting Network Limited (RockCity Radio) management has given contract engineers Willy Ntege and Henry Okello up to December 1, to have the radio’s mast placed on the summit of Tororo Rock ready to transmit. The engineers will place top of the rock a Guyed Wire 45M …

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Parliament denies vote rigging claims during EALA elections

Kampala, Uganda | THE INDEPENDENT | Parliament has denied that there was vote rigging during last month’s East African Legislative Assembly-EALA elections. Speaking to Uganda Radio Network, Chris Obore, the director for information at Parliament said their records show that there were neither unauthorized persons who participated in the election nor …

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Putin offers additional gas supply to Europe

Moscow, Russia | Xinhua | Russia is ready to deliver additional volumes of natural gas to the European Union in the autumn-winter period, President Vladimir Putin said Wednesday. One of the two branches of the Nord Stream 2 pipeline has survived the recent leak incident and Russia is willing to send …

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Afreximbank unveils academy to train 8,000 Africans on trade-related subjects

The academy has already begun the process of obtaining regional accreditation, starting with the Chartered Institute of Bankers of Nigeria | THE INDEPENDENT | Africa’s multi-lateral lender, African Export-Import Bank has launched the Afreximbank Academy (AFRACAD), a learning, knowledge, and networking hub designed to help advance African trade through capacity …

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