Kampala, Uganda | THE INDEPENDENT | More financial institutions are coping with the new regulations that were introduced to strengthen the sector. These include the increase in the minimum working capital requirements for commercial banks from sh25 to 120 billion by December 2022 and sh150 billion by June 2024. …
Read More »Russian vehicle tracking deal
How Museveni letter trapped Muhwezi Kampala, Uganda | THE INDEPENDENT | On Tuesday July 27, the new Minister for security, Maj. Gen. Jim Muhwezi made a humbling return to the headlines of Ugandan news media when he made a statement to parliament regarding the controversial vehicle tracking deal between Uganda …
Read More »THIS WEEK: Pastor Kakande grilled over farming in wetlands
THIS WEEK: Pastor Kakande grilled over farming in wetlands Kampala, Uganda | THE INDEPENDENT | The lady justice Catherine Bamugemereire land commission of inquiry has ordered re known pastor Samuel Kakande of the Kampala Synagogue Church to get off the shores of Lake Victoria. Kakande who has been growing rice …
Read More »Boxer ‘King Kong’ Kakande is USPA Nile Special Sports personality of June
Kampala, Uganda | USPA| Boxer Muzamir Kakande was unanimously voted as the USPA Nile Special Sports Personality of June at the scribes’ monthly assembly held Monday at Imperial Royale Hotel. Kakande (welterweight) won a gold medal at the Africa Boxing Championships in Congo Brazaville last month when he knocked out …
Read More »‘King Kong’ wins gold for Uganda at African boxing champs
Welterweight Muzamir ‘King Kong’ Kakande won his final fight Sunday as Uganda ended the AIBA African Boxing Championships in Congo Brazzaville with a gold and two silver medals. It is Uganda’s first gold in a major boxing tournament in 13 years. Uganda national champion Kakande beat Mauritian Merven Clair on …
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