Tag Archives: Uganda

Kampala, Uganda | THE INDEPENDENT | Bugweri County Member of Parliament (MP) Abdu Katuntu has said that his team is willing to hand over the leadership of the committee on Commissions, Statutory Authorities and State Enterprises (COSASE), as soon as his successor is announced by the Speaker. He made the statement …

Kampala, Uganda | THE INDEPENDENT | Rwanda’s Ubumwe Grande Hotel fetched $34.053 million in as auctioneers that was held on Dec 24 to recover money owed to Kenya Commercial Bank’s Rwandan unit. The winning bid for the property was offered by Umubano Industries. Reports indicate that more than a dozen interested parties …

Brokers, agents told to prove their relevance Kampala, Uganda | ISAAC KHISA | Predictions for Uganda’s insurance industry this year is positive but some players are likely to face uncertain future in their operations. The consensus view among industry players is that the industry will put a strong performance this …

Kampala, Uganda | THE INDEPENDENT | Minister of Finance Matia Kasaija has said Uganda’s debt remains sustainable with nominal debt to GDP of 41.5%. He said the debt levels are comfortably below the international sustainability threshold of 50% debt to GDP ratio –  beyond which debt starts getting unsustainable – and …

Kampala, Uganda | THE INDEPENDENT | Ketty Adoch, a Ugandan innovator in the Agriculture sector has been named among eleven innovators nominated for the Artificial Intelligence (AI) for Earth Innovation Awards. Adoch, a geographical information systems specialist in agriculture works towards monitoring change detection for Land Cover Mapping around the …

COSASE shouldn’t sacrifice economic stability at the altar of publicity as it could collapse the economy COMMENT | SIMON MUTUNGI | The Chairman of the parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) Abdu Katuntu (MP Bugweri County) rejected President Yoweri Museveni’s advice to hold the committee proceedings …

Kampala, Uganda | THE INDEPENDENT | Equity Bank is one of the 25 commercial banks offering financial services in Uganda. The Independent’s Julius Businge spoke to the Bank’s Executive Director, Anthony M. Kituuka on their strategy to deliver good growth in 2019 and beyond. What are your expectations in this New …

Kampala, Uganda | THE INDEPENDENT | Uganda has revised its aviation regulations, giving more powers to regulator Uganda Civil Aviation Authority. Under the Civil Aviation Amendment Bill 2017 that was recently passed by parliament, the CAA now has oversight over all public and private aerodromes as well as civil aviation training …

Poor road design leading cause of fatalities Kampala, Uganda | RONALD MUSOKE | Whenever there is a fatal accident on any of Uganda’s highways, traffic police almost always blames “human error.” Uganda is a landlocked country and available statistics show that every year, 97% of goods and almost 100% of passengers …

Kampala, Uganda | THE INDEPENDENT | While UMEME recently boasted that they are innovating to reduce operation costs, President Yoweri Museveni has in his New Year’s message said the leading power distributor in the country accounts for 34% of the power distribution cost. Museveni said UMEME is a key “distorter” in the …