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Ecobank gives its customers a 75 day loan repayment holiday

Kampala, Uganda | THE INDEPENDENT | Ecobank Uganda is allowing its customers to obtain loans with a pay-back reprieve of 75 days. Having this grace period allows customers to prepare their payment plans accordingly. “This week is a special moment for us,” remarked Ecobank’s Managing Director, Grace B Muliisa. We take this …

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Experts push for financial literacy lessons in primary school

Kampala, Uganda | THE INDEPENDENT | Experts have expressed the need for equipping children with financial literacy skills to save and invest early in their lives. The experts were on Thursday speaking at the closing event of a donor-funded financial literacy programme for primary school children in selected schools in the Kampala Metropolitan …

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Nwoya district struggles to recover PDM funds diverted by civil servants

Nwoya, Uganda | THE INDEPENDENT | Nwoya district is struggling to recover millions of shillings under the Parish Development Model (PDM) that were diverted by civil servants. According to an investigation conducted last month, 208 million shillings was found to have been diverted by civil servants in the district for other activities …

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EBOLA: Uganda to receive trial vaccine for Sudan strain

Kampala, Uganda | THE INDEPENDENT | Uganda is set to receive a hundred doses of a trial vaccine being developed to prevent the Ebola Sudan strain. Dr. Tegegn Woldemariam, the WHO country representative revealed this on Thursday at a weekly WHO Africa press conference. He explained that there are two trial drugs being …

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Fort Portal city clerk arrested for alleged abuse of office

Fort Portal, Uganda | THE INDEPENDENT | Moses Otimong, the Fort Portal city clerk was on Thursday arrested for alleged abuse of office. Otimong was arrested on the orders of the Deputy Inspector General of Government, Anne Twinomugisha Muhairwe. Muhairwe was in Fort Portal for a public hearing that was organized by …

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South Sudanese refugees reap big from cassava farming

Adjumani, Uganda | THE INDEPENDENT | South Sudanese refugees in Pagirinya refugee settlement, Adjumani district are reaping big from cassava farming. Last year, a group of refugees at the settlement interested in farming were tipped of an intervention to conduct communal farming with the host community in Dzaipi sub-county. The initiative …

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Residents in Teso cite extortion in compensation of war debt claimants

Katakwi, Uganda | THE INDEPENDENT | Extortion has been cited in the compensation of war debt claimants in the Teso sub-region. This was revealed to Members of Parliament on the Legal and Parliamentary Affairs committee during a probe into the compensation exercise undertaken by the Attorney General. Trade-Pro-Africa is one of the organizations …

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High sugar prices to persist into 2023

Kampala, Uganda | THE INDEPENDENT | Sugar manufacturers and cane growers have warned that the increased retail sugar prices in Uganda are to persist, with no hopes of decreasing soon. On average, sugar prices at retail now stands at 5,500 shillings a kilogram, up from an average of 4,000 shillings three weeks …

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