NEWS

Omokolade Ajayi | BILLIONAIRES AFRICA | For an economy with a GDP of $37.4 billion, the Ugandan bourse is one of the most undervalued, with a marginal representation of local investors as high institutional ownership crowds them out of the market. Despite the fast growth of the local economy, the …

Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker of Parliament Anita Among has called for the creation of village vigilante groups to counter the murders in the Masaka region. The people in greater Masaka comprising Bukomansibi, Lwengo and Masaka districts have been spending sleepless nights for several weeks following attacks …

Kampala, Uganda | THE INDEPENDENT | Nakawa West MP Joel Ssenyonyi is using a Supreme Court ruling that stopped presidential candidate Robert Kyagulanyi from introducing new grounds to oppose the election of Yoweri Museveni, to also oppose the amendment of a petition that is challenging his election. Businessman Shukla Mukesh, commonly …

Kampala, Uganda | THE INDEPENDENT | The Katikkiro of Buganda, Charles Peter Mayiga has wondered why security agencies have failed to stop the murders in greater Masaka region even when the assailants give notice of their intended attacks. He says that although security has arrested some of the suspects, there are …

Kampala, Uganda | THE INDEPENDENT | Kampala City Trader’s Association-KACITA has announced a peaceful demonstration by traders following their failed negotiations with the government on the new tax policy of textile fabrics and garments. KACITA spokesperson Issa Ssekito says that their shops will remain under lock starting Wednesday until government reverses …

Kampala, Uganda | THE INDEPENDENT | The Minister of Foreign Affairs Gen. Jeje Odongo has said that despite calls to evacuate Ugandans trapped in Afghanistan, some of them refused to leave the middle east country. Odongo made the revelation on Wednesday while appearing before Parliament’s Foreign Affairs Committee looking at several …

Hoima, Uganda | THE INDEPENDENT | 289 youth in Hoima district turned up for the recruitment of Local Defence Unit personnel. The Uganda People’s Defence Forces (UPDF) recently announced the recruitment of another batch of 10,000 Local Defence Unit (LDU) personnel countrywide. The recruitment targeted youths from the age of 18 …

Kampala, Uganda | THE INDEPENDENT | The lawyer of the eight suspects charged with the attempted murder of Gen. Edward Katumba Wamala has asked the state to drop the charges against his clients, saying that they are not responsible for the crime they are facing. The suspects are Sheikh Yusuf Siraji …

Kampala, Uganda | THE INDEPENDENT | The NGO Bureau is undertaking a thorough investigation into Chapter Four Uganda, a human rights organization which is among the 54 organizations suspended two weeks ago. The organizations were suspended for operating without licences, operating with expired licences and failure to submit annual returns. Chapter …

Bududa, Uganda | THE INDEPENDENT | A sub-county accountant in Bududa district has been arrested over alleged of forgery and theft of government funds. Rogers Mangoye, the accountant of Nakatsi sub-county is in police custody following his arrest on Monday after he failed to respond to police summons issued last month. …