By Julius Businge & Agencies Reports from foreign media say Brazil’s Roberto Azevêdo has emerged as the new director-general of the World Trade Organisation after seeing off Herminio Blanco of Mexico, the favoured candidate of the US and EU, according to officials familiar with the contest. Both Latin American rivals …
Read More »Red Cross seeks sh1.8bn for emergency interventions
By Julius Odeke The Uganda Red Cross Society (URCS) is seeking for shs1.8b to provide emergency assistance to people affected by floods in Kasese District. The appeal is targeting 18, 000 people (3, 000 households) in the flood affected areas. According to URCS Secretary General Michael Richard Nataka, “The funds …
Read More »Umeme, Stanbic share price up
By Julius Businge Umeme’s share price has appreciated from Shs 314 a few weeks ago to Shs 345 today (May 6), according to official trading figures released by the Uganda Securities Exchange (USE) on May 6. The figures show that the power distributor company that listed on the USE in …
Read More »Journalists decry Museveni’s view on minimum wage
By Julius Odeke As the World commemorates the World Press Day Uganda’s practicing journalists have registered their dissatisfaction with President Yoweri Museveni’s comments that ‘minimum wage is not a priority for Ugandans’. They say, president Museveni is not mindful about the living conditions that journalists in Uganda are facing saying, …
Read More »World Bank, IMF to release report on MDGs
By Julius Businge The World Bank in partnership with the Economic Policy Research Centre (EPRC) will on May 3 give an update on the world’s progress towards achieving the Millennium Development Goals (MDGs). The event will be held at Makerere University. The report, titled Global Monitoring Report (GMR) is jointly …
Read More »“Rebel MPs” cannot be expelled from parliament: Kadaga
By The Independent Team The Speaker of Parliament has this afternoon made a ruling on the case of the former National Resistance Movement (NRM) Members of Parliament “rebel MPs”. Speaker Rebecca Kadaga ruled that there was no legal and constitutional provision to expel the MPs from Parliament. The MPs who …
Read More »EAC countries improve business climate-World Bank
By Julius Businge A new IFC and World Bank report shows that in 2011/12 all five economies of the East African Community (EAC)—Burundi, Kenya, Rwanda, Tanzania, and Uganda—implemented at least one institutional or business regulatory reform improving the business climate for local entrepreneurs. Released on May 2, Doing Business in …
Read More »Tororo to host Labour day celebrations
By The Independent Team Celebrations to mark this year’s International Labour Day will be held in Tororo District at St Peter’s College Tororo. The Chief Guest for the function is expected to be President Yoweri Museveni. The theme for this year’s celebrations is “Skilling Ugandans for increased Labour Productivity: A …
Read More »Japan gives US$21M funds to UN agencies in Uganda
By Julius Odeke The Japanese Government on Tuesday April 30 announced it was providing a total of US Dollars 21.2 million to four UN agencies to support their collective response to the refugee situation in South-west Uganda, as well as the critical climate-related health, nutrition, water and sanitation challenges affecting …
Read More »Uhuru Kenyatta unveils cabinet nominees
By The Independent Team President Kenyatta along with his deputy William Ruto today unveiled the full list of their nominees to the Cabinet. However in a move that is likely to surprise many of his supporters Mr. Ruto had earlier mentioned that there would not be any other politicians in …
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