Kampala, Uganda | THE INDEPENDENT | The Committee on Commissions Statutory Authorities and State Enterprises (COSASE) has summoned auditors of Price Water Coopers (PWC) to explain how they came up with 239 billion shillings under capitalization of Crane Bank Limited. Price Water Coopers auditors were hired by Bank of Uganda to …
Read More »Ancelotti frustration as Napoli denied “cherry on the cake”
Milan, Italy | AFP | Carlo Ancelotti conceded it was a bitter pill to swallow as Napoli came so close before being denied a place in the Champions League knock-out rounds with a dramatic 1-0 defeat to Liverpool at Anfield on Tuesday. Former Roma goalkeeper Alisson Becker’s superb late save …
Read More »Nigeria presidential candidate denies peace deal snub
Abuja, Nigeria | AFP | Nigeria’s main opposition party has blamed a “communication lapse” for its candidate not being present to sign a deal with other candidates for peaceful elections. Atiku Abubakar was a notable absentee at Tuesday’s ceremony in Abuja, at which President Muhammadu Buhari and dozens of other …
Read More »IPOD Summit: Museveni sits on Amuriat’s empty chair
Kampala, Uganda | THE INDEPENDENT | President, Yoweri Museveni briefly sat in the empty seat reserved for the Forum for Democratic Change-FDC party President, Patrick Oboi Amuriat at the ongoing Interparty Organization for Dialogue (IPOD) summit at Speke Resort, Munyonyo. Uganda’s largest opposition party snubbed the first historic IPOD summit backtracking …
Read More »Dortmund hope to avoid Klopp’s Liverpool in last 16
Berlin, Germany | AFP | Borussia Dortmund are hoping to avoid ex-coach Jurgen Klopp and Liverpool when the last 16 of the Champions League is drawn on Monday. Liverpool’s tense 1-0 win over Napoli on Tuesday at Anfield, thanks to a great save by Reds’ goalkeeper Alisson Becker and a …
Read More »C.Africa football boss held in France on war crimes charges
The Hague, Netherlands | AFP | France on Wednesday arrested a member of Africa’s top footballing body on war crimes charges in the Central African Republic, the International Criminal Court said. Patrice-Edouard Ngaissona, a former minister, is accused of being a top coordinator of armed groups in the conflict-hit country, …
Read More »EU ministers raise privacy concerns in e-evidence bill
Brussels, Belgium | AFP | EU ministers raised concerns Friday about whether citizens’ rights are protected in a bill aimed at speeding up investigators’ access to email and other digital evidence in cross-border terrorism cases. The European Commission, the EU’s executive arm, introduced the bill in April to help prosecutors …
Read More »Guardiola confident Man City will avoid UEFA ban over spending
Manchester, United Kingdom | AFP | Pep Guardiola is confident that Manchester City will not be banned from the Champions League at the end of an ongoing Financial Fair Play investigation after speaking with the club’s senior figures. UEFA president Aleksander Ceferin has promised that there will be action “very …
Read More »Things to know about the UN migration pact
United Nations, United States | AFP | A UN migration pact will be adopted at a conference in Morocco on Monday despite a wave of defections, mainly from European countries, and opposition from the United States. Here is a look at what is in the Global Compact for Safe, Orderly …
Read More »Uganda loses 30 to 39% of VAT revenues – Study
Kampala, Uganda | THE INDEPENDENT | Uganda loses between 30 and 39 percent of revenues that should be collected through Value Added Tax (VAT). This is contained in a research paper titled “The Value Added Tax Gap Analysis for Uganda” authored by Economic Policy Research Centre (EPRC) researchers Corti Paul Lakuma …
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