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The Independent

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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Gulu District fails to relocate six years after City creation

  Gulu, Uganda | URN | Authorities in Gulu District Local Government and Gulu City Council have raised concerns over inadequate office space, saying the shortage is affecting staff productivity and service delivery. The concerns come six years after Gulu Municipality was elevated to city status on July 1, 2020, …

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DPP: 38 districts lack government prosecutors

Kampala, Uganda | URN | The Office of the Director of Public Prosecutions says it has no State Attorneys in 38 districts across Uganda, forcing the transfer of some criminal case files to neighbouring districts and leaving others without prosecutors to handle them. Director of Public Prosecutions Lino Anguzu said …

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