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The Independent

Aavishkaar Capital and KfW unveils US$250 million ‘ESG First Fund’

Kampala, Uganda | THE INDEPENDENT | Indian based Venture Capitalists, Aavishkaar Capital (Aavishkaar) in partnership with KfW, a German state-owned investment and development bank, have unveiled US$ 250 million “ESG First Fund” focused on strengthening the Environmental, Social and Governance (ESG) practice of mid-cap businesses while offering them flexible capital …

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Bobi Wine summoned in falsified driving permit case

  Kampala, Uganda | THE INDEPENDENT | The Nakawa Magistrates Court on Monday issued criminal summons for former Presidential candidate Robert Kyagulanyi Ssentamu over allegations of being in possession of a falsified driving permit. It follows a case filed before the Court by private prosecutor Hassan Male Mabirizi-Kiwanuka on 12 …

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‘Strange’ disease rages in Kyotera, 10 dead

Kyotera, Uganda | THE INDEPENDENT | The death toll from a raging ‘strange’ disease outbreak in Kyotera district has reached 10.  The latest victim is Francis Mugema, a Kijonjo parish councilor, who passed away on Friday last week. The rare disease was first reported in Nakatoke B village, Kijonjo parish, …

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Mabirizi sues Gov’t over Magambo, Byabashaija appointments

  Kampala, Uganda | THE INDEPENDENT | City lawyer Hassan Male Mabirizi-Kiwanuka has filed a case suing the government over the re-appointment of Johnson Byabashaija, the Commissioner-General of Uganda Prisons. He also wants the same court to review the appointment of Major General Geoffrey Tumusiime Kasigazi as the Deputy Inspector …

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MINISTER: Avoid loan sharks, go to Micro Finance Support Center

  Lugazi, Uganda | THE INDEPENDENT | The State Minister for Trade, Industry and Cooperatives Fredrick Ngobi Guma has advised sugarcane transporters in Lugazi Municipality to consider taking loans from Micro Finance Support Center to avoid high rates of interests. The minister made the remarks while meeting haulers who were …

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Sebei MPs task Nabanjja on Karamojong rustlers

Kapchorwa, Uganda | THE INDEPENDENT | Legislators from the sebei sub-region have tasked prime Minister Robinah Nabanjja with the security of their electorate. They are concerned about the renewed raids by suspected Karamonjong warriors, which they ha claim have led to the death of several people and the loss of animals. …

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Ugandan crypto currency director arrested over sh3 billion

Kampala, Uganda | THE INDEPENDENT | The Criminal Investigations Directorate-CID is holding John Mwangutsya, the director of Crypto Bridge African Limited that is suspected to have defrauded Ugandans from different parts of the country of over Sh3 billion. CID Spokesperson, Charles Twine, says Mwangutsya reportedly defrauded more than 1,000 Ugandans …

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