Kampala, Uganda | THE INDEPENDENT | The Anti-Corruption Court in Kampala has remanded Danson Nahurira a Credit Officer with Post Bank Mbarara Branch for allegedly receiving an inducement of 500,000 Shillings. Nahurira was arraigned before Court presided over by Grade One Magistrate Esther Asiimwe on Friday and charged with one count …
Read More »Equity Bank launches Eazzy Stock financing
Kampala, Uganda | THE INDEPENDENT | Equity bank has launched its latest credit product- Eazzy Stock financing. Eazzy Stock is a digital credit product designed to empower businesses by providing them with the opportunity to unlock the value of their goods and access much-needed capital for growth and …
Read More »Museveni COVID-19 infection raises several questions
Kampala, Uganda | THE INDEPENDENT | President, Yoweri Kaguta Museveni yesterday attended the budget reading ceremony virtually, a week after declaring that he had contracted COVID-19, which triggered mixed reactions from the public. While all indicators show that the president will soon be out of isolation since health experts advise …
Read More »UGANDA BUDGET: President takes over final approval of loans to limit debt
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni says he is opposed to the number of loans being acquired from domestic and external lenders. Speaking at the conclusion of the budget speech for 2023/2024, President Museveni blamed the appetite for borrowing on indiscipline in government spending. He said some …
Read More »Kasaija to limit domestic borrowing as Uganda’s public debt soars
Kampala, Uganda | THE INDEPENDENT | Uganda’s public debt to GDP will reduce by the end of this financial year as the government tries to ensure economic stability and future growth. According to Finance Minister, Matia Kasaija, Uganda’s public debt stood at 80.2 trillion shillings or over twenty-one billion dollars …
Read More »Reverend acquitted of defilement charges after five years
Kampala, Uganda | THE INDEPENDENT | Reverend Canon Kezekiah Kalule, the former Archdeacon of Luteete Archdeaconry in Luwero Diocese, has been acquitted of defilement charges after a lengthy five-year trial. In 2018, Rev. Canon Kalule was arrested on charges of defiling a sixteen-year-old girl who was under his custody. He …
Read More »Kasese paralyzed as freed Rwenzururu Royal Guards return home
Kasese, Uganda | THE INDEPENDENT | Business came to a standstill in Kasese town for the better part of Thursday as thousands of people thronged Booma Grounds in Kasese Municipality to welcome the freed Rwenzururu royal guards. The two UPDF buses transporting the royal guards led by Capt. Derrick Mwesige Ayebale …
Read More »Subaru driver who attempted to knock Traffic Police Officer remanded
Kampala, Uganda | THE INDEPENDENT | The Buganda Road Chief Magistrates Court has remanded Isaac Mukwaya to Luzira prison on charges of careless driving. Mukwaya, a psychologist and resident of Mutungo in Nakawa Division was on Thursday arraigned before the Court presided over by the Chief Magistrate Ronald Kayizzi and …
Read More »Govt delay on free sunscreen promise irks Albinism Association
Kampala, Uganda | THE INDEPENDENT | The association of persons living with Albinism is considering local manufacturing of anti-sun creams following the government’s delay to respond to their appeal for free supplies. Olive Namutebi, the Executive Director of the Uganda Albinism Umbrella, says their protracted appeal to the government to …
Read More »Uganda Airlines set for first pilgrimage flight to Mecca in 40 years
Entebbe, Uganda | THE INDEPENDENT | The new Uganda Airlines will make its inaugural flight for the annual Muslim pilgrimage to Mecca, the holiest Muslim city in Saudi Arabia. In a statement issued on Thursday, Uganda Airlines describes the flight as a significant milestone for the national carrier after 40 years …
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