Masaka, Uganda | THE INDEPENDENT | Masaka City Council authorities are faced with an uphill task of enforcing a ban on the creation and sale of undersized plots due to the reluctance of land brokers to heed the directive. In July this year, the Masaka City Executive and the Roads Committee …
Read More »
This is the 6th straight month it is rising causing anxiety in the interest rate market Kampala, Uganda | JULIUS BUSINGE | Inflation, as measured by the Consumer Price Index for Uganda for the 12 months to August 2022, increased to 9.0%, up from 7.9% registered in July 2022, according …
Read More »
| THE INDEPENDENT | Uganda Clays net profit has dropped by more than half to Shs2.7bn for the first six months ending June.30 but management insists there are no worries at least for now. “We project the economy to improve in the second half of the year resulting in a …
Read More »
BoU raised policy rate for a third straight time in a row signaling boost to interest rates | THE INDEPENDENT | Dfcu and DTB have recorded a surprise profit for the first six months of the year but the uncertainty remains ahead due to the prevailing tough economic times. Dfcu …
Read More »
ANALYSIS | THE INDEPENDENT | The effects of the economic hardships which were aggravated by the Ukraine war, coming on the heels of the Covid-19 lockdown continue to manifest in Uganda. Many schools in the country have today registered a low turn-up of learners on the first day of opening. …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Criminal Investigations Directorate has launched a massive manhunt for socialite Charles Olim famously known as Sipapa for allegedly robbing $429,000 (about 1.64 billion Shillings) from South Sudan national Jacob Arok. The said money was stolen during a robbery at Arok’s home in Bunga, …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Police has recovered bodies of five men who were buried alive in a stone quarry on Saturday evening. The incident happened around 6:30pm after part of the stone quarry collapsed and trapped unknown number of people and a vehicle under its rubble in Nganjo …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Institute for Certified Public Accountants Uganda – ICPAU has recognized the Auditor General John Muwanga and educations Lawrence Mulindwa for their contribution and service to community and country. Muwanga won the ICPAU Gold Service Award last night at the ceremony held in Imperial …
Read More »
Munich, Germany | Xinhua | Europe is heading toward a bitter winter as a new disruption of natural gas from Russia aggravates its energy crunch and cost of living crisis. Russia’s largest gas producer Gazprom announced Friday it had stopped gas supplies via the Nord Stream I pipeline for an …
Read More »
Kampala, Uganda | THE INDEPENDENT | Six technical and vocational institutions are scheduled to benefit from a capacity building project funded by the government of South Korea to a tune of over 26 billion shillings. The project launched on Friday at Gold Course hotel in Kampala shall benefit 180 instructors …
Read More »
The Independent Uganda: You get the Truth we Pay the Price