Kasese, Uganda | THE INDEPENDENT | Three workers were killed and eight injured when a fire broke out at the Hima Cement Plant in Kasese at 12.30pm on Saturday. A team was doing installation works at the light diesel oil tank when the incident happened. The Hima Cement fire responders …
Read More »UDB buffers economy from COVID-19 shocks with Sh926 billion boost
Kampala, Uganda | THE INDEPENDENT | The Uganda Development Bank Ltd (UDBL) has approved projects worth Shs926 Billion of which a total of Shs589 Billion has so been disbursed into the Ugandan economy to support businesses during the Covid-19 pandemic period. The funds were deployed to support the resilience and …
Read More »Oil City Hoima unhappy as fuel prices hit sh10,000
Hoima, Uganda | THE INDEPENDENT | Residents in Hoima are feeling the pinch of skyrocketing fuel prices. Fuel supply in the country has been affected by a strike at the Kenya-Uganda border, at which truck drivers protested the high charges for COVID-19 tests. Prime Minister Robinah Nabbanja reassured the country …
Read More »Africa’s one year of free trading calls for celebration despite teething problems
Free trading under the auspices of the African Continental Free Trade Area started in January 2021. One year later, several aspects of the trade pact are being successfully implemented as negotiations are ongoing in other areas. Kingsley Ighobor interviewed the Secretary-General of the AfCFTA Secretariat, Wamkele Mene and here are …
Read More »Insurances industry sees positive growth amidst COVID-19
Failure to operationalise the National Health Insurance Scheme and resurgence of COVID-19 may constrain demand for insurance Kampala, Uganda | ISAAC KHISA | Uganda’s insurance industry is projected to register consistent growth in 2022 riding on technology innovations, government’s investment in infrastructure and increased economic activities as economy opens up. …
Read More »More gloom to tax payers as public debt raises to Shs 73.7trillion
The debt service to tax revenue ratio has increased to 27.1% in Oct. 2021, up from 24.4% in the same period in 2020 Kampala, Uganda | ISAAC KHISA | Coronavirus pandemic induced borrowing has seen Uganda’s public debt raise 3.1% to Shs 73.78trillion compared to June 2021, says the …
Read More »African Swine Fever outbreak claims over 50 pigs
Masaka, Uganda | THE INDEPENDENT | More than 50 pigs have died in Masaka city resulting from the outbreak of African Swine Fever, according to the veterinary department. The deaths have been reported in the villages of Luvule, Bulayi, and Sunga in the Nyendo-Mukungwe division and Ssenyange and Kijabwemi in one …
Read More »Covilyce1: Dr Lamwaka suffers setback in bid to get COVID treatment
Gulu, Uganda | THE INDEPENDENT | Dr. Alice Veronica Lamwaka, the lead researcher and inventor of the Covilyce1 herbal concoction for treating coronavirus diseases, has lost essential research materials in a bitter land row. The affected research materials include African bamboo among other natural weeds, trees, and plants. It was …
Read More »Proposed eviction of street vendors divide Mbale City leaders
Mbale, Uganda | THE INDEPENDENT | A bitter row has erupted between the Mbale City Town Clerk, David Kyansanku, and Industrial city Division Mayor, Muhamood Masaaba Mutenyo over the proposed eviction of street vendors. Last month, Kyansanku issued an eviction notice to the vendors to vacate the streets by January …
Read More »Guard robs Sh100M from MTN dealer
Nakasongola, Uganda | THE INDEPENDENT | Nakasongola police are hunting for a security guard from J Unit security company for robbing Shillings 100 million from an MTN dealer. Nicholas Ojambo reportedly put the MTN agent from Nile Com Limited and driver at gunpoint in the forest between Katuugo Check-point and …
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