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Tag Archives: Uganda

Stanbic Bank cuts interest rates

Kampala, Uganda | THE INDEPENDENT | In response to the October monetary policy statement by the Bank of Uganda and the decision to reduce the Central Bank Rate by 0.5 percentage points to 9.5 %, Stanbic Bank has matched the Central Bank’s rate cut by reducing its Prime Lending Rate from …

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THIS WEEK: Agasiirwe’s case extended to December 18

THIS WEEK: Agasiirwe’s case extended to December 18 Kampala, Uganda | THE INDEPENDENT | Hearing of the case in which former commander of the Special Operations Unit, Senior Superintendent of Police Nixon Agasiirwe together with other senior  officials in the Police force are charged with kidnap of a Rwanda national …

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THIS WEEK: UPDF awarded for good work in Somalia

THIS WEEK: UPDF awarded for good work in Somalia Kampala, Uganda | THE INDEPENDENT | UPDF battle group 22 which has been serving under African Union Mission in Somalia commonly known as AMISOM commanded by Col Bernard Tuhame has been awarded medals of honor by the mission. The troops that …

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Karuma dam construction reaches 71%

Kampala, Uganda | JULIUS BUSINGE | Physical progress of works (civil, hydro-mechanical and electro-mechanical) of the construction of the 600MW Karuma hydro-power dam is now at 71% completion rate ahead of official commissioning in December next year. The dam, which is constructed under the ground, is costing the government of Uganda …

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THIS WEEK: Makerere’s Nawangwe urges on architecture

THIS WEEK: Makerere’s Nawangwe urges on architecture Kampala, Uganda | THE INDEPENDENT | Barnabas Nawangwe, a Ugandan architect and Vice Chancellor of Makerere University has urged government and other relevant players to make good policies regarding architecture in the country to drive meaningful growth in the construction sector. Nawangwe, who …

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THIS WEEK: Committee concludes age – limit consultations

THIS WEEK: Committee concludes age – limit consultations Kampala, Uganda | THE INDEPENDENT | The Legal and Parliamentary Affairs Committee of Parliament chaired by West Budama South MP Jacob Oboth Oboth has concluded its hearings with its final witness being president Museveni who is seen to be the direct beneficiary of …

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THIS WEEK: Byanyima gets another term at Oxfam

THIS WEEK: Byanyima gets another term at Oxfam Kampala, Uganda | THE INDEPENDENT | “Five more years ! Thank you Oxfam”, Winnie Byanyima tweeted on Dec.04.  Banyima a politician and wife to opposition Forum for Democratic Change (FDC) cadre DR. Kizza Besigye was reacting to a decision by Oxfam International’s board …

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