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The Independent

BoU maintains lending rate at 10 percent

The Bank of Uganda has maintained the benchmark central bank rate at 10 percent. Kampala, Uganda | THE INDEPENDENT | Governor BoU Emmanuel Tumusiime Mutebile says that the 12-month inflation forecast has improved slightly relative to October 2018 forecast. The Consumer Price Index data by Uganda Bureau of Standards indicates that …

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NOTU, Finance Ministry bicker over NSSF representation

Kampala, Uganda | THE INDEPENDENT | The National Organization of Trade Unions (NOTU) is embroiled in a conflict over its representation to the National Social Security Fund (NSSF) board. The 11th NSSF board was inaugurated by Finance Minister Matia Kasaija yesterday but without workers representatives from NOTU. The inaugurated board is …

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Liverpool close on City, Arsenal held by Man Utd

London, United Kingdom | AFP | Liverpool closed back to within two points of Premier League leaders Manchester City by coming from behind to beat Burnley 3-1 as Manchester United and Arsenal shared the spoils in a thrilling 2-2 draw at Old Trafford. Wolves also overturned an early deficit to …

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Spurs show new Southampton manager size of his task

London, United Kingdom | AFP | Tottenham bounced back from their derby defeat against Arsenal to sweep aside struggling Southampton 3-1 on Wednesday and show new Saints boss Ralph Hasenhuttl the size of the task he faces. The Austrian was named as Mark Hughes’s successor earlier in the day and …

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Sarri slams Chelsea’s complacency in defeat at Wolves

Wolverhampton, United Kingdom | AFP | Maurizio Sarri accused his Chelsea players of over-confidence after throwing away a lead to lose 2-1 at Wolverhampton Wanderers on Wednesday. Chelsea looked to be on course for victory thanks to Ruben Loftus-Cheek’s early opener as the visitors dominated the first-half, but two goals …

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May accused of misleading MPs over Brexit deal

London, United Kingdom | AFP | British Prime Minister Theresa May was accused on Wednesday of misleading MPs over her Brexit deal as her government published legal advice likely to increase opposition to the agreement ahead of a crucial vote next week. Scottish National Party (SNP) lawmaker Ian Blackford was …

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EU steps up fake news fight before elections

Brussels, Belgium | AFP | The European Union launched Wednesday a system for member countries to alert each other to online disinformation spread by opponents such as Russia to undermine next year’s key elections. The bloc also urged Facebook and other social media platforms to follow through on pledges to …

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Putin rejects US claim Russia breaking arms treaty

Moscow, Russia | AFP | President Vladimir Putin on Wednesday dismissed US claims Russia is violating a major Cold War treaty limiting mid-range nuclear arms, as a senior general lashed out at Washington’s attempts to “contain” Moscow. The tense rhetoric comes a day after Secretary of State Mike Pompeo said …

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