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The Independent

Balaam gives contractor one month to complete delayed Seed School

Masindi, Uganda | URN | Local Government Minister Balaam Barugahara has given Masindi Chief Administrative Officer Samuel Kasaija one month to ensure that CMD Investments Limited completes and hands over the long-delayed Kijunjubwa Seed Secondary School to the government. The multi-billion-shilling school project, which started in 2023, was expected to …

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Uganda urges protection of traders’ interests in South Sudan

KAMPALA, Uganda | Xinhua | The Ugandan government on Wednesday called on authorities in South Sudan to protect foreign businesses’ interests and address any concerns through bilateral or regional mechanisms. Rebecca Kadaga, Uganda’s first deputy prime minister and minister for East African Community (EAC) affairs, said in a statement that …

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Govt attributes fuel prices to global costs, taxes, shilling depreciation

Kampala, Uganda | URN | Government has attributed the rise in fuel pump prices to a combination of international petroleum prices, taxation, exchange-rate movements or depreciation of the Uganda Shilling, freight, insurance and other supply-chain costs. The Minister of Energy, Monica Musenero, on Wednesday told Parliament that the current pump-price …

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Capital Markets Authority clears Dangote Refinery IPO for Ugandan investors

Kampala, Uganda | URN | The  Capital Markets Authority (CMA) has authorised the marketing and distribution of the initial public offering (IPO) for Dangote Petroleum Refinery and Petrochemicals FZE to eligible Ugandan investors. The Authority has, however, restricted participation to high-net-worth individuals and institutional or professional investors. The approval allows …

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Masaka High Court grants bail to Eddie Mutwe

  Masaka, Uganda | URN | The High Court in Masaka has granted bail to four bodyguards of National Unity Platform (NUP) president Robert Kyagulanyi Ssentamu, alias Bobi Wine, who are facing charges of aggravated robbery, malicious damage to property and assault. Masaka Senior Resident Judge Victoria Nakintu Katamba on …

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