Kampala, Uganda | THE INDEPENDENT | The dream of reviving the cooperative bank is getting closer to reality as a steering committee is commissioned by the government. The seven-member committee comprising the cooperative leaders and representatives of top SACCOs has been unveiled with the main objective of kick-starting the process …
Read More »‘Ugandan betting machines uncertified’
Kampala, Uganda | THE INDEPENDENT | Uganda is losing billions of shillings in betting due to untested, uninspected, and unverified machines being used by betting companies, the National Lotteries and Gaming Regulatory Board has conceded. While Section 4 of the Lotteries and Gaming Act of 2016, mandates the National Lotteries and Gaming Regulatory …
Read More »Uganda’s Gazelles reach FIBA Afrobasket quarters for first time
Kigali, Rwanda | THE INDEPENDENT & FIBA | Uganda’s dream run at the 2023 FIBA Afrobasket tournament in Rwanda continued Tuesday night when the national women’s team The Gazelles beat DRC 78-62 to storm the quarterfinals. They next face hosts Rwanda Though it was DR Congo who had the best start …
Read More »ICT Minister: Price of internet cut from $70 to $35
Kampala, Uganda | THE INDEPENDENT & URN | Minister for ICT and National Guidance Chris Baryomunsi has announced a 50% reduction in the price of the internet. “I’m delighted to announce that effective today 1st of August 2023 the Price of the Internet has reduced from $70 to $35 per Mbps …
Read More »Counter-terrorism police arrest suspected bomb maker
Kampala, Uganda | THE INDEPENDENT | Counter-Terrorism (CT) police, in collaboration with Kampala Metropolitan Police, have arrested Collins Mugabi on suspicion of manufacturing Improvised Explosive Devices (IEDs). The operation took place over the weekend in Banda, Nakawa Division, Kampala. Fred Enanga, the Uganda Police Spokesperson, stated that Mugabi was found …
Read More »Uganda stock market value hit by Kenya turmoil, rush for Umeme shares
Kampala, Uganda | THE INDEPENDENT | The total value of the companies listed on the Uganda Securities Exchange (USE) dropped by 10.5 percent in the last quarter of this year (April-June) mainly due to the turmoil in Kenya, according to the Capital Markets Authority (CMA). The total market capitalization decreased …
Read More »Time for Uganda’s scientists to focus on splitting atoms to manufacture land
COMMENT | Alfred Geresom Musamali | Uganda’s atomic scientists and other related professionals should now probably focus on splitting atoms to manufacture land. This has been the unsuccessful call by many concerned parties since 1986. The matter is now more urgent than ever – because, as conflicts surrounding land ownership …
Read More »Mulago officials grilled for flouting financial regulations
Kampala, Uganda | THE INDEPENDENT | Officials from Mulago Specialised Women and Neo-natal Hospital are tasked to explain why they were issued with letters of credit from Bank of Uganda worth Shs4.07 billion despite the closure of the financial year. While interfacing with the officials on Monday, 31 July 2023, …
Read More »Airtel Uganda Activates First 5G Site at Bulange
Kampala, Uganda | THE INDEPENDENT | Airtel Uganda has activated the first 5G site at Bulange in Mengo to boost connectivity and digital inclusion in Uganda. In February this year, Airtel Uganda conducted tests on 11 4G sites in Kampala after applying for a spectrum to Uganda Communications Commission to …
Read More »Judiciary registers Sh2 billion revenue increase through online case filing
Kampala, Uganda | THE INDEPENDENT | The Judiciary has registered an increase of sh2 billion in non tax revenue through the online filing of cases through the Electronic Court Case Management Information System -ECCMIS. The automated system tracks all aspects of a case life cycle from initial filing through disposition …
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