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The Independent

Bank fraud: Shs2.7bn loan fraudsters named, expert warns

Kampala, Uganda | THE INDEPENDENT | On Jan.10, a local daily newspaper reported an incident in which a top bank in Uganda was conned Shs2.7bn in bogus loan scheme leading to some suspects getting arrested by the police. Gurijindeer Singh, who hails from Kolkata, the capital of India’s West Bengal state …

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Micho impressed with Cranes performance in draw against Iceland

Kampala, Uganda | THE INDEPENDENT | Uganda Cranes head coach Milutin Micho Sredojevic has applauded Uganda Cranes players for the team spirit in their draw against Iceland as the two teams met in an international friendly game on Wednesday. The Cranes played to a one-all draw against Iceland in Antalya, Turkey, …

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Minister gives Buvuma leaders two weeks ultimatum to return Emyooga funds

Buvuma, Uganda | THE INDEPENDENT | The State Minister for Micro-Finance, Haruna Kyeyune Kasolo has given Buvuma district officials a two-week ultimatum to return the money they borrowed from various Savings and Credit Cooperative Societies-SACCOs under the Emyooga program. According to information obtained by URN, 16 Saccos in Buvuma district received …

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Delayed release of funds stalls Namboole renovation works

Kampala, Uganda | THE INDEPENDENT | The proposed renovation of Mandela National Stadium, Namboole has stalled due to the delayed release of funds by the government, management has revealed. Mandela National stadium has not hosted any international competition for almost two years since it was banned by the world soccer governing …

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