Sunday , May 18 2025

The Independent

MBARARA: 300 fail to make it to new market list

Mbarara, Uganda | THE INDEPENDENT | More than 300 vendors have missed out on the newly verified Mbarara Central Market list. Two weeks ago Raphael Magyezi, the Local Government Minister appointed a 25-member committee chaired by the Acting Principal Commercial Officer Joseline Kiconco to carry out a new verification of …

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SALARIES: Mixed reactions after teachers start day 1 of strike

Kampala, Uganda | THE INDEPENDENT | A strike is underway for teachers under the Uganda National Teachers Union who are protesting the salary enhancements for Science teachers. This follows the government’s decision to increase the salaries of science teachers to the tune of sh4million while the art teachers and those in …

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Mbale hospital overwhelmed after Bukedea bus accident

Mbale, Uganda | THE INDEPENDNT | A total of 40 injured casualties of the Tuesday night accident in Bukedea district are undergoing treatment at Mbale Regional Referral Hospital. The head-on- collision involving two buses, a Wanagon Isuzu Coach UAR 293M and Gateway Nissan UAH 781Z happened around 10:00pm near Opiko …

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DETAILS: Court rules on Bitature versus Vantage Mezzanine Fund

Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has dismissed with costs an application by Kampala businessman Patrick Bitature for a temporary injunction to restrain his creditors of M/s Vantage Mezzanine Fund II Partnership from selling, alienating, disposing of, taking possession, or any action against his properties.  On May 18, The Daily Monitor newspaper advertised the sale by public …

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Hiking interest rates

Why it’s the wrong recipe for curbing inflation COMMENT | STEPHEN ONYEIWU | The Central Bank of Nigeria recently announced an increase in the interest rate, from 11.5% to 13%, a 1.5 percentage point hike that took effect immediately. Whenever the Central Bank changes the monetary policy rate, otherwise known …

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The other side of US exceptionalism

Why American policymakers shouldn’t conflate reasserting its global primacy with establishing a more secure world COMMENT | DANI RODRIK | When I started teaching at Harvard’s Kennedy School in the mid-1980s, competition with Japan was the dominant preoccupation of U.S. economic policy. The book `Japan as Number One’ by Harvard’s …

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