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In The Magazine

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YEAR ENDER REVIEW: Museveni chokes on land compensation billions

YEAR IN REVIEW: February 2017 Kampala, Uganda | THE INDEPENDENT | Officially, the reason for President Yoweri Museveni’s Feb.21 appointment of a Commission of Inquiry into Effectiveness of Law, Policies and Processes of land Acquisition, Land Administration, Land Management and Land Registration  in Uganda  (in short `The Land Inquiry Commission 2017’) …

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YEAR ENDER REVIEW: Kasese King Mumbere `exiled’

YEAR IN REVIEW: February 2017 Kampala, Uganda | THE INDEPENDENT | Following on the November 27, 2016 attack by the army on his palace in Kasese, the Obusinga Bwa Rwenzururu king, Omusinga Wesley Mumbere,  faced a slew of arrests, detentions, and court appearances that culminated in his being blocked from returning …

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YEAR REVIEW: 2017 winners & losers

Kampala, Uganda | THE INDEPENDENT | winners & losers of 2017 Winners UN refugees June 22- Uganda hosted a UN-backed Refugee Solidarity Summit attended by world leaders; including UN Secretary General Antonio Gueterres. The UN boss lauded Uganda’s open door refugee policy as exemplary. Up to US$358million (Approx.Shs1.3 trillion) was raised …

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YEAR ENDER REVIEW: Museveni move on the Muhoozis

YEAR IN REAVIEW: January, 2017 Kampala, Uganda | THE INDEPENDENT | Jan 9: President Yoweri Museveni restructured command of the army; naming Maj. Gen. David Muhoozi to the top job of Chief of Defence Forces (CDF) with Maj. Gen. Wilson Mbadi as the Deputy CDF. But the real attention was on …

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Bad outlook for Ugandan banks

Low private sector lending, decline in interest rates to take toll on the bank’s profitability for the year ending Dec 2017 Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks seem to be laying down new strategies as the industry anticipates to record subdued earnings in 2016 owed to low private …

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Centenary Bank signs deal with WorldRemit

Kampala, Uganda | THE INDEPENDENT | Ugandans living abroad can now send money home to their families and friends through Centenary Bank accounts countrywide following a partnership with the digital money transfer firm, WorldRemit. Fabian Kasi, the managing director of Centenary Bank said the new partnership re-affirms the lender’s commitment to …

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Dfcu rewards investment clubs

Kampala, Uganda | THE INDEPENDENT | On Dec.14, dfcu Bank in partnership with Price Waterhouse Coopers (PwC) and NTV Uganda rewarded Geneber Outspan Organic Farmers with Shs 25million after emerging as the overall winner of the nationwide campaign targeted at driving a savings and investment culture in Uganda. The campaign, which …

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