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Uganda announces measures for air quality control

KAMPALA, Uganda | Xinhua | Uganda has put in place a raft of measures aimed at reversing the deterioration of air quality, a state-run environmental watchdog said Monday. Barirega Akankwasah, the executive director of the National Environment Management Authority (NEMA), told reporters here that there is a need to make …

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SACCOs, MFIs put Uganda at risk by flouting anti-money laundering rules

Kampala, Uganda | THE INDEPENDENT |  The failure of Savings and Credit Co-operatives (SACCOs) and Microfinance Institutions (MFIs) to comply with Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) regulations poses a significant threat to Uganda’s financial integrity on the global stage. Despite being obligated to adhere to AML/CFT regulations like banks, …

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NCBA Bank profit after tax up 17% to Shs27bn

Kampala, Uganda | THE INDEPENDENT | NCBA Bank Uganda has reported a net profit of Shs27 billion, representing a 17% increase in 2023 from the previous year’s performance of Shs23 billion. The growth was supported by a surge in customer deposits, which rose to Shs567 billion in 2023 up from Shs491 …

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UBOS trains 500 UPDF soldiers for upcoming census

Jinja, Uganda | THE INDEPENDENT | The Uganda Bureau of Statistics (UBOS) has trained 500 Uganda Peoples’ Defence Forces (UPDF) soldiers to participate in the enumeration process in the forthcoming National Housing and Population Census. These soldiers have completed a nine-day training program at Gaddaffi Barracks in Jinja district to serve …

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Gov’t exempts electric vehicle makers from Stamp Duty

Kampala, Uganda | THE INDEPENDENT | Companies manufacturing electric vehicles, electric batteries, or electric vehicle charging equipment or fabricator of a frame and body of an electric vehicle; and employ 80 percent of Ugandans will not pay Stamp Duty Tax in the 2024/2025 financial year. The exemption is part of the …

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Parliament demands statement on Karuma Bridge

Kampala, Uganda | THE INDEPENDENT | Members of Parliament have asked government to provide the likely implications of restricted access to Karuma bridge, which has been found to be compromised. The bridge over River Nile, which connects the North and West Nile to the rest of the country, was found to …

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Molly Katanga makes second bail attempt

Kampala, Uganda | THE INDEPENDENT |  Molly Katanga, accused of murdering her husband, businessman Henry Katanga, has sought temporary release from prison due to her health condition. After being denied bail on April 9th, 2024, by High Court Criminal Division Judge Isaac Muwata for failing to prove exceptional circumstances, Molly …

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