The cost of the two hydro-power dams that the government is building at Karuma and Isimba could rise beyond control unless a recent directive by President Yoweri Museveni is implemented cautiously. Ministry of Energy Permanent Secretary (PS) Kabagambe Kaliisa issued the warning in reply to queries raised by Keith Muhakanizi, …
Read More »Coup threats and the arrests
Dodgy intelligence, local interests, international backers Monday June 6: Soldiers of the Special Forces Group which falls under President Yoweri Museveni’s son, Maj. Gen. Muhoozi, are on a mission near Kampala city in Kyengera town in Wakiso District. They are moving in four pick-up trucks. The target is suspected recruits …
Read More »Why MTN Uganda boss Gouldie is leaving
On May 26, Brian Gouldie, the chief executive officer of MTN Uganda appeared sharp in a navy blue suit, light blue shirt and yellow dotted tie as he presided over the announcement of the company’s new syndicated loan at the MTN Towers in Kampala. He couldn’t have been sharper for …
Read More »Wapakhabulo appointed CEO of Uganda National Oil Company
Josephine Wapakhabulo, has been appointed the Chief Executive Officer (CEO) of Uganda’s National Oil Company (UNOC). Her appointment announced by company’s board chairman, Emanuel Katongole on Wednesday June 1, comes weeks after The Independent reported that she was being considered for the job. In his statement, Katongole noted that Wapakabulo …
Read More »Maj. Gen. Muhoozi one rank away
Sometime before 2008, President Yoweri Museveni told the military High Command that then Libyan leader, Col. Muammar Gadhafi was complaining that he, Museveni, was sitting on the son’s promotions. Museveni was referring Muhoozi Kainerugaba, who May.16 was promoted to the third highest military rank of Major General, sparking fresh claims …
Read More »Is Uganda broke?
Ministry of Finance officials say they have spent over 100 percent of the budget but government departments are struggling to meet their obligations amidst talk that the 2015/16 budget was suppressed by 30 percent. From his office on the sixth floor of the Finance Ministry block in Kampala, Kenneth Mugambe, …
Read More »Billions borrowed from PTA bank cause jitters
From his office on the sixth floor of the Finance Ministry block in Kampala, Kenneth Mugambe, the Director Budget can look down contentedly at the Nakasero neighbourhood of the rich. The downtown poorer sections of the city are blocked from his view. Donning a stylish purple shirt and a matching …
Read More »Karuma, Isimba to cost extra Shs 1.8 trillion
Karuma, Isimba to cost extra Shs 1.8 trillion: An investigation by The Independent reveals how if Energy Ministry officials and those at Uganda Electricity Generation Company Ltd were properly supervising dam construction instead of bickering over control, they could have saved the country enough money to build another hydropower dam. …
Read More »The Truth about Karuma, Isimba mess
Karuma, Isimba mess: President Museveni directed officials at the Energy Ministry to hand over implementation powers of the billion dollar Karuma and Isimba projects to power generator, UEGCL, in a bid save them but the officials remained adamant weeks later. Energy ministry officials defy Museveni on botched billion dollar project …
Read More »Jennifer Musisi under siege
As Jennifer Musisi, the Executive Director, Kampala Capital City Authority (KCCA) makes five years in office on April 15, the question some key players in the capital are asking is whether she will be able to hold on to the job at City Hall. This time, it appears, politicians from …
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