New York, United States | AFP | President Donald Trump’s plan to impose tariffs on Mexico will affect myriad industries, but few are as exposed as automakers. Shares of several major automakers and auto suppliers dived five percent or more following Trump’s announcement Thursday night that the United States would impose …
Read More »Revisiting the Hansard; Prof. Nsibambi’s colorful contributions
Kampala, Uganda | THE INDEPENDENT | The body of the former Prime Minister, Professor Apollo Robin Nsibambi lay in state in parliament on Thursday afternoon for members of parliament and the public to pay their last respect. The late Nsibambi, 78, succumbed to leukaemia at his home in Bulange, Mengo …
Read More »Car dealers to report to FIA money laundering
Kampala, Uganda | THE INDEPENDENT | A proposal requiring car dealers to register with the Financial Intelligence Authority-FIA in the move to curb money laundering in the business is in the offing. Section 21 of the Anti-Money Laundering Act, 2013 mandates the FIA to register all accountable persons who are …
Read More »Five key battles to decide Champions League final
Madrid, Spain | AFP | Tottenham and Liverpool play for the biggest prize in club football on Saturday as the two Premier League teams go head-to-head in the Champions League final. Liverpool are aiming to win their sixth European Cup in Madrid while a surprise victory for Spurs would earn them …
Read More »High court dissolves Mao’s marriage
Kampala, Uganda | THE INDEPENDENT | The High Court Family Division has dissolved the marriage of Norbert Mao, the Democratic Party-DP President to Naomi Achieng Adong. Justice Godfrey Namundi dissolved the marriage in his judgment delivered on May 27th, 2019 on a petition filed by Achieng accusing Mao of cruelty …
Read More »‘World record holder at winning semi-finals’ – Klopp laughs off ‘unlucky’ tag
Madrid, Spain | AFP | Jurgen Klopp laughed off suggestions he is an unlucky manager as he looks to halt an unfortunate run of ending up on the losing side in his last six finals as a coach when he leads Liverpool into Saturday’s Champions League decider. “Since 2012, apart from …
Read More »Construction of Ayago hydro power still hangs in balance
Kampala, Uganda | THE INDEPENDENT | The construction of the 840 Mega Watts Hydroelectric Power Plant on Victoria Nile in Ayaygo in Nwoya district still hangs in balance. Government signed an agreement with Mapa, a Turkish Construction firm to construct the dam in 2013 at the tune of US $1.970 …
Read More »BOU defends performance of Agriculture Credit Facility
Kampala, Uganda | THE INDEPENDENT | Bank of Uganda Deputy Governor Dr Louis Kasekende has dispelled claims that the Agriculture Credit Facility (ACF) administered by the central bank was nonfunctional, saying there are success stories to speak for it. Kasekende was speaking at the ten-year anniversary of the facility …
Read More »Makerere relaunches publishing press after 19-years of dormancy
Kampala, Uganda | THE INDEPENDENT | Makerere University has relaunched it’s the book-publishing arm; The Makerere University press, to support staff and the public in publishing books and journals after almost 19 years of inactivity. The publishing press hosted under the University Directorate of Research and Graduate Training (DRGT) was …
Read More »Cabinet approves new emoluments for cultural leaders
Kampala, Uganda | THE INDEPENDENT | Cabinet has resolved to increase the honorarium of cultural leaders from Shillings 5 million to Shillings 10 million each month, the Gender and Cultural Minister, Peace Mutuuzo has revealed. According to Mutuuzo, each cultural leader will receive two vehicles effective next year to run …
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