Kampala, Uganda | THE INDEPENDENT | High court has handed Brian Bagyenda, a pharmacist and two others a 32-year jail term for the murder of his girlfriend Enid Twijukye, a student of Makerere University Business School on January 4th, 2017. The others are Innocent Bainomugisha, a cleaner and Vincent Rwahwire, …
Read More »Uganda Airlines new CEO tasks ahead
Former CEO Ephraim Bagyenda appointed director engineering and maintenance Kampala, Uganda | ISAAC KHISA | The soon-to-be appointed CEO of the revived Uganda Airlines will have a challenging job ahead as he or she tries to identify the major shifts in the aviation industry and steer the company towards …
Read More »Torture chambers or safe houses?
ISO boss, Security minister face tough questions Kampala, Uganda | RONALD MUSOKE | Ugandan human rights activists say as much as they support the government in cracking down on criminals, the security agencies must act within the confines of the law while performing their duties. While speaking at a recent …
Read More »Britam clinches deal with Uganda Airlines
UK-based insurer in Uganda, Britam, has once again won a business deal with the government to provide insurance cover, this time for Uganda Airlines. Kampala, Uganda | ISAAC KHISA | Willis Towers Watson is the airlines’ insurance broker. Britam CEO, Allan Mafabi confirmed to The Independent on Aug.02 that they …
Read More »Looming battle for the East African skies
Uganda Airlines needs to come up with a strategy that will enable it capture a share of the regional aviation market Kampala, Uganda | ISAAC KHISA | A fierce battle is looming in the East African aviation market as Uganda’s national carrier, Uganda Airlines, takes to the skies on August. …
Read More »Impunity at Bank of Uganda
THE LAST WORD: How institutional independence allowed the central bank to indulge in gross mismanagement and incompetence THE LAST WORD | ANDREW M. MWENDA | Last week was the most shameful for Bank of Uganda. During hearings before the parliamentary committee on Commissions, Statutory Authorities and State Enterprises (COSASE) it …
Read More »The next fight over closed banks
Under the spotlight: the law and big money Kampala, Uganda | HAGGAI MATSIKO | After ending its public hearings into Bank of Uganda’s closure of seven commercial banks, attention is shifting to the recommendations the Parliamentary Committee on Commissions, Statutory Authorities, and State Enterprises (COSASE), is set to make. It …
Read More »COSASE orders withdrawal of Bagyenda’s BOU car
Kampala, Uganda | THE INDEPENDENT | Members of Parliament have today directed Bank of Uganda (BOU) to withdraw the vehicle and security they have been providing to their former Director Bank Supervision, Justine Bagyenda. For some months now Bagyenda who retired in July 2018 has been appearing before the Parliamentary Committee …
Read More »Fall of the legends
From Uganda’s celebrated bankers to 2018 bummers Kampala, Uganda | HAGGAI MATSIKO | In 1991, some of the most powerful people in business and public office In Uganda from western Uganda jointly opened a bank. They called it the Kigezi Bank of Commerce with a commence capitalization of US$20 million. They …
Read More »Bagyenda allowed to travel for Christmas holiday
Kampala, Uganda | THE INDEPENDENT | The former Central Bank Executive Director Supervision, Justine Bagyenda has been granted access to her passports to enable her travel for Christmas Holidays. COSASE Chairperson Abdu Katuntu, however, told Bagyenda that the committee will resume work on 8th January 2019 and that she will be …
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