Numbers show if not checked, 30% MPs to be Independent Kampala, Uganda | HAGGAI MATSIKO | Finally, President Yoweri Museveni’s ruling NRM party and the four opposition parties represented in parliament have something they agree on; aspiring Independent MPs must be failed at the next election in 2021. They accuse …
Read More »Five reasons why Sh40 trillion budget is bad
Experts expose how Museveni is destroying economy Kampala, Uganda | HAGGAI MATSIKO | The budget this year is proving to be a headache. After years of borrowing to finance huge road and electricity projects, Ministry of Finance has a new pain – how to finance new huge defense and security …
Read More »Museveni succession
Why NRM doesn’t want to talk about it Kampala, Uganda | HAGGAI MATSIKO | In 2021 when Uganda goes to the next polls, President Yoweri Museveni will be 77 years. At the next polls in 2026, he will be 82 years and possibly one of the oldest state leaders in …
Read More »Museveni doubles military spending
Rwanda tension cited in supplementary budget, but why does govt want Shs1.5 trillion? Kampala, Uganda | HAGGAI MATSIKO | The government intends to push US$320 million (Approx.Shs1.2 trillion) worth of supplementary budgets through parliament in the next two months, The Independent can exclusively report. The money must be passed urgently before …
Read More »Museveni, Kagame exchanged letters
The details and implication on border tension Kampala, Uganda | HAGGAI MATSIKO | Letters exchanged by Rwanda President Paul Kagame and his counterpart Yoweri Museveni that might point to how the tension between them possibly escalated have emerged. Most importantly, the contents of the letters shed light on what might …
Read More »Mutebile, Kasekende, Muhakanizi set to leave
MUTEBILE: What happens next? Kampala, Uganda | HAGGAI MATSIKO | Anxiety is building about what the future holds for management of Uganda’s economy as the curtain slowly comes down on three prominent figures; Bank of Uganda Governor Tumusiime Mutebile, his deputy Louis Kasekende at Bank of Uganda, Secretary to the Treasury …
Read More »Deportations at MTN
Story behind dumping of 5 bosses Kampala, Uganda | HAGGAI MATSIKO | Officially, the Feb. 14 deportation of MTN Chief Executive Officer (CEO), Wim Vanhelleputte was sparked by President Yoweri Museveni’s concerns over alleged gross crimes by MTN staff; including threatening national security. But investigations by The Independent have found …
Read More »The next fight over closed banks
Under the spotlight: the law and big money Kampala, Uganda | HAGGAI MATSIKO | After ending its public hearings into Bank of Uganda’s closure of seven commercial banks, attention is shifting to the recommendations the Parliamentary Committee on Commissions, Statutory Authorities, and State Enterprises (COSASE), is set to make. It …
Read More »New accusations against Kayihura
Better evidence or desperation by ISO, CMI? Kampala, Uganda | HAGGAI MATSIKO | Since August 27 last year when he was released on bail, embattled former inspector General of Police, Gen. Kale Kayihura has appeared to be on the road to rehabilitation and possible freedom. Many observes assumed his privileges …
Read More »Museveni’s BoU probe details leak
IGG accused, Mutebile, Kasekende under fire Kampala, Uganda | HAGGAI MATSIKO | Details of a draft report prepared by the Inspector General of Government (IGG) into the controversial February 2018 staff changes at Bank of Uganda (BoU) have leaked and sparks are already flying. The leakage occurred partly because some …
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