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Tag Archives: Uganda

New capital requirements for banks

Proposal is good for the industry but a headache to investors, small players | THE INDEPENDENT | The central bank’s proposal to raise capital requirements for commercial banks is commendable but could threaten survival of small players, according to industry players and experts. Wilbrod Owor, the executive director at the …

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Afghans in Uganda

  Why Museveni accepted them, and the risks Kampala, Uganda | RONALD MUSOKE | On Aug. 17, Ugandans woke up to the news that the government had agreed to temporarily host about 2,000 Afghan refugees following a request from the U.S government. Until then, many Ugandans had known about the …

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Kampala Traders protest new textile taxes, rent arrears

Kampala, Uganda | THE INDEPENDENT | Kampala City Traders Associations say this will protest against the new tax policy on imported textile fabrics and garments. The traders say they are considering several actions to show displeasure over the textile tax, and also the failure by landlords to waive rent arrears …

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Terrorist threats on the rise

  UN report points at ADF, ISIL, al Qaeda Kampala, Uganda | THE INDEPENDENT | Aug. 26: A suspected suicide bomber identified as Katumba Abdul aka Ben was arrested by military intelligence personnel in Pader Town Council with an assortment of home bomb making materials. These included already assembled bombs, …

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Otafiire responds to queries about Lokech’s death

Gulu, Uganda | THE INDEPENDENT | Internal Affairs Minister Gen Kahinda Otafiire has said the wild speculations on the cause of death of former Deputy Inspector General of Police Lt. Gen. Paul Lokech by a section of the public  should be put to rest. “I want to put you at …

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