Friday , November 8 2024

The Independent

Minister Ajedra warns Ministries on obtaining loans

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance and Economic Planning will stop all ministries and government agencies from signing any Memorandum of Understanding that has finance implications without involving it. Speaking at the Uganda Media Center while announcing the forthcoming regional conference on public debt management and sustainable …

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China cuts loan rate as it battles coronavirus impact

  Beijing, China | AFP | China on Thursday announced it would cut interest rates in a bid to boost the economy, as it battles the economic fallout of the new coronavirus outbreak. The reduction in the loan prime rate (LPR) — one of the preferential rates commercial banks give to …

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NRM parades political aspirants to abandoned community

Kampala, Uganda | THE INDEPENDENT | The ruling National Resistance Movement-NRM party has presented over 40 political aspirants to the Kamuda sub county community, which they described as desolate and underdeveloped. The party members, vying for different political offices ahead of the 2021 general elections turned the belated NRA day celebrations …

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Attorney General, EC agree to review voter registration period

Kampala, Uganda | THE INDEPENDENT | The Attorney General William Byaruhanga has undertaken to review legal provisions concerning registration of voters with a view of coming up with a reasonable deadline that will allow more people to qualify for voting in the 2021 general election. Byaruhanga said that this is an …

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Kadaga blocks oil roads loan request over Jinja expressway

Kampala, Uganda | THE INDEPENDENT | The  Speaker of parliament Rebecca Kadaga has blocked a government proposal to borrow USD 119 million (440.6 billion Shillings) to upgrade three oil road projects. The request had been tabled by State Minister for planning David Bahati. The loan, which required parliamentary approval was sought …

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