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 …
Read More »HISTORIC: Final decision on $10bn Uganda oil project
Kampala, Uganda | THE INDEPENDENT & URN | The joint venture partners in Uganda’s Oil and Gas sector have made the Final Investment Decision (FID) today. “The milestone marks a firm commitment from the IOCs to proceed with Uganda’s oil and gas projects and launches the major construction works,” Energy …
Read More »It is back to normal at Kenya border, but fuel prices unchanged
Busia, Uganda | THE INDEPENDENT | The traffic situation at the Busia border post on the Uganda-Kenya border has now normalized, while the backlog at the Malaba post is due to be cleared by the end of this week, according to Uganda Revenue Authority (URA). This follows more than two …
Read More »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 …
Read More »‘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, …
Read More »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 …
Read More »Mukono starts drive against child labour, rounds up 40 children
Mukono, Uganda | THE INDEPENDENT | Mukono Municipality law enforcement officers have rounded up over 40 children from the streets and markets in an ongoing operation aimed at ensuring that youngstar return to school. The arrested children also include those accused of harassing people for money on streets within Goma …
Read More »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 …
Read More »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. …
Read More »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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