Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda (BOU) Deputy Governor Louis Kasekende has advised accountants in Uganda to borrow and adapt international standards in their bid to positively contribute to nation building. “They must look at international standards that are released by their international body and…then adapt them to Uganda,” Kasekende said, …
Read More »MUSEVENI: Your land is well protected by the constitution
Fort Portal, Uganda | PPU | President Yoweri Museveni has assured Ugandans that no one can grab their land because all land ownership matters in Uganda were clearly resolved by the 1995 constitution and the 1998 land act. Speaking at Voice of Tooro in Fort Portal municipality on Wednesday evening, Museveni said that …
Read More »S.Africa business confidence lowest in 32 years: survey
Johannesburg, South Africa | AFP | Business confidence in South Africa has plummeted to its lowest level in more than 30 years as political uncertainty, unemployment and dwindling trade weighed heavily, a survey showed Wednesday. South Africa’s economy, which is the most developed in Africa, is plagued by sluggish growth …
Read More »Shell to invest $1billion in Mexico
Mexico City, Mexico | AFP | Royal Dutch Shell said Wednesday it would invest $1 billion in Mexico over the next decade, after the oil giant opened its first retail gas station in the country. The investment in the world’s fifth-biggest consumer of gasoline depends on market conditions continuing to …
Read More »So how do mega-storms get named, anyhow?
Paris, France | AFP | First there was Harvey, which put much of Houston under water. Now Hurricane Irma is rampaging across the Caribbean and closing in on Miami. Meanwhile, Jose — still a tropical storm — is brewing in the Gulf of Mexico, while Katia in the Atlantic …
Read More »Rio probe puts IOC back under Olympics corruption spotlight
Lausanne, Switzerland | AFP | The Rio 2016 cash-for-votes inquiry in Brazil has placed the International Olympic Committee under a fresh cloud of corruption less than a week before it is due to award the 2024 Games to Paris. Almost two decades after its image took a battering with the …
Read More »La Liga chief says PSG make mockery of system
Manchester, United Kingdom | AFP | Qatari-owned French side Paris Saint-Germain are “laughing” at the financial fair play (FPP) system, a combative Javier Tebas, president of Spain’s La Liga, said on Wednesday. The 55-year-old also warned that if he was not satisfied with UEFA’s response to La Liga’s concerns regarding …
Read More »Mbappe turned down Arsenal to seal PSG switch
London, United Kingdom | AFP | Paris Saint Germain forward Kylian Mbappe says he rejected an approach from Arsenal manager Arsene Wenger in favour of moving to the French giants. Mbappe spoke with Wenger over the possibility of leaving Monaco to join the Gunners, but instead he decided to return …
Read More »‘I’ve lost it!’ Tearful Syrian commentator goes viral
Hong Kong, China | AFP | A video in which a TV commentator broke down in tears while celebrating Syria’s priceless World Cup qualifying equaliser against Iran has gone viral, racking up more than one million views online. When Omar Al Soma scored in the 93rd minute, earning Syria a …
Read More »Massive protests in Togo for constitutional reform
Lome, Togo | AFP | Hundreds of thousands of opposition supporters protested across Togo on Wednesday calling for constitutional reform, despite an apparent government concession to their demands. Amnesty International country head Aime Adi told AFP “at least 100,000” were in the capital, Lome, with similar demonstrations taking place in …
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The Independent Uganda: You get the Truth we Pay the Price