To suggest printing money or ceding national assets to pay debt reflects utter economics myopia COMMENT | Mukwanason A. Hyuha | In The Independent (April 26-May 02, 2019 edition), Andrew Mwenda purported to respond to my Saturday Monitor (April 13, 2019) article on Uganda’s debt sustainability. I have also read …
Read More »Aviation safety and security agency proposes extra levy on air tickets
Kampala, Uganda | THE INDEPENDENT | The Civil Aviation Safety and Security Oversight Agency has proposed a special levy from outbound travellers to provide funding for it to perform its oversight role. The team has just concluded four missions in the Partner States; Uganda, Kenya, Rwanda and Tanzania engaging aviation …
Read More »Game console makers oppose China tariffs
Washington, United States | AFP | Game console makers Microsoft, Sony and Nintendo have joined forces in opposing expanded tariffs on China, saying the plan would make their products unaffordable for the coming holiday season. In comments filed with the US Trade Representative, the three firms said President Donald Trump’s threat …
Read More »Ebola response funding still a challenge for Uganda – MOH official
Kampala, Uganda | THE INDEPENDENT | Uganda still has a big challenge to fund Ebola prevention efforts amid an influx of people from the Democratic Republic of Congo. This is according to Dr Allan Muruta, the Commissioner Epidemiology and Surveillance at the Ministry of Health. Dr Muruta observes that more than …
Read More »Sugar manufacturers downplay outcry on low production
Kampala, Uganda | THE INDEPENDENT | Sugar factories in Busoga region are expected to resume production in two weeks’ time, according to Jim Kabeho, the chairman of the Uganda Sugar Manufacturers Association. Up to six sugar factories in the region had halted production for more than two months to undertake routine …
Read More »Sudan’s Mahdi rejects call for mass demos on June 30
Khartoum, Sudan | AFP | Sudan’s veteran opposition leader Sadiq al-Mahdi rejected on Wednesday a call for nationwide mass demonstrations against the country’s ruling generals on June 30. The remarks by the head of National Umma Party come as tension between the generals and leaders from the umbrella protest movement, the …
Read More »Whistleblower raises red flag on UNRA recruitments
Kampala, Uganda | THE INDEPENDENT | A whistleblower has petitioned Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) over anomalies in the recruitment of staff at the Uganda National Roads Authority (UNRA). The Whistleblower alleges that the process is unfair and discriminative. Committee Chairperson Mubarak Munyagwa says that his …
Read More »Cigarette, electrical fault ‘may have caused’ Notre-Dame fire
Paris, France | AFP | A poorly stubbed-out cigarette or an electrical fault could have started the devastating fire that ripped through Paris’ Notre-Dame cathedral in April, French prosecutors said Wednesday, while ruling out any criminal intent. The statement by prosecutors, which also said an investigation was being opened into possible …
Read More »Stanbic launches online account opening
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has launched a service that allows new customers to open personal accounts online. The digitized process, which is accessible off the Stanbic Bank website www.stanbicbank.co.ug, means that customers can now open accounts on the go, anywhere, in any country and anytime. …
Read More »Tullow considers selling all its assets in Uganda
Kampala, Uganda | THE INDEPENDENT | Tullow Oil is considering selling all its assets in Uganda as the firm down tax dispute rages on. The Irish company, which also owns Tullow Operations Uganda, has hinted on the slow progress towards resolving a Capital Gains tax dispute on the USD 900 million …
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