Njeru, Uganda | THE INDEPENDENT | Police in Njeru Municipality in Buikwe district have arrested six money lenders for impersonating staff of the Uganda Microfinance Regulatory Authority (UMRA ) and extorting money. The suspects work with Moskal Enterprises Uganda Limited, a money lending agency located at Wobulenzi , Luwero district. …
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Entebbe, Uganda | THE INDEPENDENT | The Entebbe Deputy Resident District Commissioner Njuki Mbabali has advised all staff and operators of public transport services including those of MV Kalangala to get vaccinated against COVID-19. Njuki says service providers such as taxi drivers, conductors, boda boda motorcyclists and crews for …
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Kampala, Uganda | THE INDEPENDENT | At least 50 vehicles without number plates on the roads have been impounded in Kawempe Division on the first day of the operation no numberless vehicle on the road. Kampala Metropolitan Deputy Police spokesperson Luke Owoyesigyire said that the crackdown follows increasing vehicles without …
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Kampala, Uganda | THE INDEPENDENT | Reduced demand for upcountry travel, the relatively high fares and the rising costs of fuel have combined to inflict losses on bus companies, according to operators URN talked to. They however say they cannot abandon their business at this time because they have to …
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Washington, US | XINHUA | The U.S. Centers for Disease Control and Prevention (CDC) on Thursday officially endorsed booster shots for both the Moderna and Johnson & Johnson COVID-19 vaccines in certain populations, and allowed “mix and match” dosing for booster shots. The decision came a day after the U.S. …
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With a projected urbanization of 5.6% per annum, a more orderly response to the rapid urbanization in Uganda is needed COMMENT | Abdul Kyanika | In 2020, Uganda’s population constituted about 46 million people of whom 27% were urban residents. Urban households are predicted to grow from 2.9 million in 2020 …
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Stanbic Bank Uganda Limited and Kampala City Traders | THE INDEPENDENT | Association on Oct.14, unveiled a partnership that will significantly ease traders’ ability to source for goods from Asian markets as well as pay the stipulated taxes on the imported items. Stanbic Bank Uganda Chief Executive Anne Juuko said …
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Uganda Electricity Generation Company Limited has secured Shs2.7bn grant from Sweden’s Swedfund to conduct feasibility studies for floating solar development in the country. | THE INDEPENDENT | UEGCL Chief Executive Officer, Harrison Mutikanga and the Sweden Ambassador to Uganda Maria Hakanson signed memorandum of understanding in Kampala on Oct.12. “The …
Read More »Uganda Securities Exchange CEO says number of investors could triple Kampala, Uganda | JULIUS BUSINGE | Executives at the Uganda Securities Exchange are optimistic about increased activity and shareholder numbers at the bourse as MTN Uganda’s listing takes shape. Paul Bwiso, chief executive officer said on the sidelines of the …
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Ugandan government has in the past years faced harsh criticism over regular borrowings from China Import Export Bank to facilitate development of infrastructure projects including hydropower dams, roads and possibly soon the planned Standard Gauge Railway. But the Chinese loans have also had a fair share of positive aspects to …
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