Kampala, Uganda | THE INDEPENDENT | The banking industry is worried over the rate at which the cost of living in Uganda is rising threatening the recovery of the economy. The Uganda Bureau of Statistics reports that headline inflation steadily increased to 6.8 per cent at the end of June, from …

London, UK | Xinhua | Eight candidates have been nominated to enter the race to be the leader of the Conservative Party and replace outgoing Boris Johnson as prime minister of the United Kingdom (UK), the party’s backbench 1922 Committee said on Tuesday. The eight contenders who successfully enlisted the required …

Kampala, Uganda | THE INDEPENDENT | A section of local government accounting officers from Acholi sub-region have attributed delays in submitting their budget estimates for FY2022/23 to system errors on the Ministry of Finance Programme Budgeting System [PBS] software. This comes days after the Permanent Secretary in the Ministry of Finance, …

Kampala, Uganda | THE INDEPENDENT | The opposition National Unity Platform-NUP has unveiled a construction site for the new party headquarters located in Makerere-Kavule, Kawempe Division, a Kampala city suburb. The construction groundbreaking function was held at the new site by the NUP leaders led by Robert Kyagulanyi Ssentamu, divisional councilors, …

Kampala, Uganda | THE INDEPENDENT | Kampala Resident City Commissioners have vowed to continue with the ongoing boda-boda registration despite a petition by the Lord Mayor Erias Lukwago challenging the directive by the Minister for KCCA, prohibiting all unregistered boda bodas from operating in the Kampala Metropolitan Area. Anderson Burora, the …

Kampala, Uganda | THE INDEPENDENT | Uganda will host the 2022 Africa Zone IV Golf Championship scheduled for July 14-16 at the Lake Victoria Serena Golf Resort and Spa. The championship will attract titleholders Uganda, Tanzania, Kenya, Ethiopia, Rwanda and Burundi. Joseph Bagabo, the treasurer of the Uganda Golf Union, told …

Berlin, Germany | Xinhua | Rising food prices have further exacerbated global hunger, the German non-governmental aid agency Welthungerhilfe said on Tuesday. “Millions of people are on the brink of famine, because families no longer have any resources,” said Welthungerhilfe secretary general Mathias Mogge. “The increased prices hit those hardest who …

Kampala, Uganda | THE INDEPENDENT | The Finance Committee of parliament and Roko Construction Limited have disagreed on the alternative financing possibilities for the company. The committee is considering a proposal from the government to purchase 150,000 shares worth Shillings 202.13 billion in Roko Construction Limited payable over five years. The …

Kampala, Uganda | THE INDEPENDENT | The Buganda Road Chief Magistrates Court has ordered the Uganda Prisons Services to produce Kawempe North Member of Parliament Muhammad Ssegirinya in court for his trial. The order was issued by Chief Magistrate Gladys Kamasanyu after a poor internet connection from Kigo prison disrupted the …

Vienna, Austria | Xinhua | World oil demand is projected to grow further next year, albeit at a slower pace than in 2022, according to a report published on Tuesday by the Organization of the Petroleum Exporting Countries (OPEC). OPEC said in its monthly report that it expects the global oil …