Kampala, Uganda | THE INDEPENDENT | The Court of Appeal will make a judgment on Monday, November 2 to determine whether Diamond Trust Bank, DTB, refunds an equivalent of Sh120 billion shillings to businessman Hamis Kiggundu. The ruling will also shed more light as to whether the loans Kiggundu took …
Read More »BCW named Global Agency Of The Year 2020
Kampala, Uganda | THE INDEPENDENT | BCW (Burson Cohn & Wolfe), was named Global Agency of the Year at PRovoke Media’s 2020 Global SABRE Awards ceremony, which was held virtually on October 21. The global communications agency, a partner to brainchild BCW in Uganda, was praised for its innovative new client offerings, attracting …
Read More »Total now biggest shareholder in Uganda’s oil Project
Govt’s green light to Total raises its stake to 66.66% Kampala, Uganda | RONALD MUSOKE | French oil firm, Total, will become the biggest shareholder in Uganda’s oil project following the government’s approval of the sale of Tullow’s 33.33% stake of its Ugandan assets at US$ 575 million (Approx. Shs …
Read More »Three police officers injured in Kiseka market demo
Kampala, Uganda | THE INDEPENDENT | Three police officers attached to Kampala Central Police Station are nursing injuries they sustained in skirmishes with traders at Kiseka Market over the disputed demarcation of the market land by Kampala Capital City Authority-KCCA. The Kampala Metropolitan Deputy Police Spokesperson, Luke Owoyesigyire, says three …
Read More »Uganda records highest coffee exports
Uganda’s coffee industry has recorded the highest ever export volumes as well as earnings for the Coffee Year 2019/2020 (Oct-Sept), signaling the crop’s steady recovery. Kampala, Uganda | ISAAC KHISA | Latest data from the Uganda Coffee Development Authority shows that coffee exports for the 12 months amounted to 5.36 …
Read More »NWSC probes staff asking bribes from customers to reduce water bills
Kampala, Uganda | THE INDEPENDENT | National Water and Sewerage Corporation-NWSC and security are investigating a scam involving people targeting water consumers with high bills purportedly to help them reduce the bills. It follows complaints from several water consumers indicating that some staff from NWSC are contacting them using the information …
Read More »Rockboom celebrates with new house for Moses Gololo
Kampala, Uganda | THE INDEPENDENT | Ugandan kickboxing great Moses Golola’s dream of establishing a talent academy has got a boost, after the Rockboom brand ambassador was rewarded with a new bungalow, that has training facilities adjacent to it. The fully furnished three bedroom bungalow is situated at Katooke-Lugoba in …
Read More »Samsung chairman Lee Kun-hee passes away at 78
Seoul, South Korea | Xinhua | Lee Kun-hee, chairman of South Korea’s technological giant Samsung Electronics, died at the age of 78 in Seoul on Sunday, according to a statement released by Samsung. Lee transformed Samsung into a world-leading innovator and industrial powerhouse from a local business, the statement said. It …
Read More »URA to assess impact of tax exemptions
Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority- URA has commissioned a study to gauge the impact of tax exemptions on the economy. The study will influence policy changes in the next financial year. Government provides tax exemptions especially in areas of Agriculture, manufacturing, construction, information and communication technology , …
Read More »Uganda lobbying to host EAC statistics bureau
Kampala, Uganda | THE INDEPENDENT | Uganda is seeking to host the East Africa Community Bureau of Statistics. In November 2018, the East African Legislative Assembly-EALA passed the EAC Statistics Bureau Bill, 2017. The Bill among others seeks to establish a statistics bureau for the community as one of the key …
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