President Museveni challenges western companies as Uganda signs oil refinery pact Entebbe, Uganda | THE INDEPENDENT | Uganda took a firm step to building its first oil refinery when officials signed a Project Framework Agreement with the Albertine Graben Refinery Consortium (AGRC) in Entebbe on Tuesday. The agreement will ensure development, …
Read More »
UEGCL remains optimistic that official launch of the project is set for August Kampala, Uganda | JULIUS BUSINGE | On Monday, April 02, another step towards having a high-tech, well built 183MW Isimba hydro power plant was demonstrated by its main overseer– Uganda Electricity Generation Company Limited (UEGCL). The Dam …
Read More »
Chesang GOLD ?? Chelangat Bronze ?? Gold Coast, Australia | THE INDEPENDENT | Stella Chesang joined the list of Ugandan Commonwealth Games champions by winning the 10,000m final emphatically at the Gold Coast event on Monday. She becomes only the second ever Uganda champion in the women’s events after Dorcus Inzikuru, winner …
Read More »
DFCU DEAL: Taxpayer stands to lose Shs300bn Kampala, Uganda | HAGGAI MATSIKO | When Juma Kisaame; the Managing Director of DFCU Bank, looks at its latest financial results, he might have reason to smile and to worry. The bank’s latest financial results have excited shareholders but are also …
Read More »
▶ 5000m Cheptegei GOLD ??GC2018athletics Gold Coast, Australia | THE INDEPENDENT | Uganda’s long distance ace Joshua Cheptegei has won the 5000m gold at the 2018 Commonwealth Games. After a slow start, 21-year-old Cheptegei took charge of the race in the last 5 of 12.5 laps, finishing powerfully in 13:50.83 for …
Read More »
It has lent out US$3.4bn and employed 2500 permanent staff Kampala, Uganda | JULIUS BUSINGE | Commercial Banks all over the world are portrayed as profit oriented and only work with customers they think have firm foundations to meet credit obligations. But the Standard Chartered Bank’s recently released independent study …
Read More »
Beyond the clapping and ululation in Kigali, can the ACFTA be implemented? Kampala, Uganda | RONALD MUSOKE | After close to 30 years of negotiations, 44 African states finally agreed to establish a single market to ease buying and selling of African-made goods and services. That leaves out 11 countries; …
Read More »
Directorate of Water Resources hosts first Water and Environment week Entebbe, Uganda | JULIUS BUSINGE | For one week in mid-March, the grounds of the Directorate of Water Resources Management in Entebbe was a beehive of activity as ordinary people mingled with water professional and experts to mull over the …
Read More »
But the public debt has increased by 9.4% to hit Shs 37.9trillion Kampala, Uganda | ISAAC KHISA | Uganda’s optimism in the first quarter of the Financial Year 2017/18 has been replaced with fear of a slow growing economy. The Central Bank’s latest quarterly report dubbed ‘State of the Economy’ …
Read More »
Jerusalem, Undefined | AFP | Israeli Prime Minister Benjamin Netanyahu on Monday suspended a resettlement deal for African migrants faced with deportation, just hours after his office had announced the agreement with the UN refugee agency. “I’ve decided to suspend implementation of this accord and to rethink the terms of the …
Read More »
The Independent Uganda: You get the Truth we Pay the Price