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Tag Archives: Uganda

Absa: Economy is struggling but outlook is positive

Oil, agriculture and BoU to determine the recovery path, executives say Kampala, Uganda | THE INDEPENDENT | Economic recovery in the coming years will largely depend on oil and gas, agriculture and Bank of Uganda’s monetary policy decisions, according to Absa Bank Uganda executives. Speaking via a recent virtual conference …

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Mutebile keeps central bank rate at 6.5%

Says private sector credit growth remains subdued driven largely by low demand Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda’s decision to keep the central bank rate unchanged at 6.5% in the next three months has sent a signal to the market that Covid-19 containment measures are still a …

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Why Museveni is targeting Mailo

Experts say land issue might end badly, if not handled well Kampala, Uganda | RONALD MUSOKE | Since President Yoweri Museveni’s ‘attack’ on Mailo land ownership — one of the four land tenure systems under which Ugandans can own land—public debate has reached a crescendo with Kabaka Ronald Muwenda Mutebi …

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Plans on to protect River Nyamwamba from flooding

Kasese, Uganda | THE INDEPENDENT | The Ministry of Water and Environment has embarked on a plan to restore and protect River Nyamwamba in Kasese District. The plan involves the planting of bamboo trees on the river banks and supporting the livelihoods of communities along the catchment area. The ministry will …

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Uganda team to World Athletics U-20 Champs takes off today

Nairobi, Kenya | THE INDEPENDENT | Uganda will be represented by a 10-member team at the World Athletics under 20 championship slated for August 17-22, 2021 in Nairobi, Kenya. Namayo Mawerere, the Uganda Athletics Federation (UAF) publicity Secretary said the team will fly out on Sunday aboard Uganda Airlines to …

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Bubulo, Karamoja get magistrates as Judiciary deploys 10

Kampala, Uganda | THE INDEPENDENT | At least 10 newly appointed Judicial Officers at the rank of Registrars and Magistrates have been deployed to different stations in the country in a bid to take services closer to people. According to a statement issued by the Judiciary, Bubulo and Kyenjojo Courts …

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