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BoU cuts interest rates, economy to grow at 3%

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has said Uganda’s economy will only expand by 3-4% this financial year, half the earlier projection of 6% as the impact of coronavirus hits home. In the April 2020 monetary policy statement, BoU Governor Emmanuel Tumusiime-Mutebile noted that this is because …

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Gov’t pledges to account for COVID-19 funds

Kampala, Uganda | THE INDEPENDENT | The government has said that it will account for all the funds received for the fight against the COVID-19 pandemic. On Monday, staff from the Intergovernmental Authority on Development (IGAD) handed over 376 million shillings to the Ministry of Health. This same amount was …

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Parliament approves new Deputy Governor Dr. Atingi-Ego

Kampala, Uganda | THE INDEPENDENT | Parliament’s Appointment Committee has approved the appointment of Dr Michael Atingi-Ego as new Central Bank Deputy Governor. Dr Atingi-Ego’s vetting process was conducted via teleconferencing by the committee chaired by Speaker of Parliament Rebecca Kadaga. Parliament embraced technology in an unprecedented move to interface …

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Court orders prisons to produce Pastor Yiga

Kampala, Uganda | THE INDEPENDENT | Rubaga Magistrates court has issued an order directing the Uganda Prisons Services to produce the founder of Revival Christian Church Pastor Augustine Yiga. Yiga was arrested and remanded last week for allegedly doing an act likely to spread coronavirus. Yiga was on Monday supposed …

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Lack of protective equipment worry security personnel in Gulu

Gulu, Uganda | THE INDEPENDENT | Lack of personal protective equipment is worrying security personnel enforcing public guidelines against COVID-19 in Gulu. Hundreds of armed police officers backed by Local Defense Units (LDU) personnel and Uganda People’s Defense Force – UPDF are enforcing the 14-days curfew to combat the pandemic …

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Cargo truck drivers from DR Congo to be quarantined

Kampala, Uganda | THE INDEPENDENT | Truck drivers carrying cargo from the Democratic Republic of Congo entering through Bwera border post in Kasese district will be subjected to 14-days of quarantine. The development is a measure to stop the spread of the coronavirus (COVID-19). Kasese Resident District Commissioner, Lt. Joe Walusimbi …

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