Private sector players ask for affordable electricity to power industries Kampala, Uganda | JULIUS BUSINGE | On March 21, President Yoweri Museveni commissioned the Isimba Hydropower Dam, adding 183MW to the national grid. But the private sector, who consume most of the electricity accounting for 20% of their production …
Read More »Stanbic suspends trading on Uganda Securities Exchange
Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank Holdings Limited has suspended trading on the Kampala based Uganda Securities Exchange until further notice. In a notice signed by Paul Bwiso, the USE chief executive officer, circulated on April 01, said that the institution is undergoing reorganization through the formation …
Read More »Gov’t considering satellite cities for Wakiso
Kampala, Uganda | THE INDEPENDENT | The government is preparing to zone Wakiso before it is elevated to a city status in the near future, State minister in charge of local government Jenipher Kacha Namuyangu has confirmed. The proposal of Satellite Cities has been discussed over the years, however, …
Read More »IAA engages human resource managers
Kampala, Uganda | JULIUS BUSINGE | In a bid to strengthen its relationship with human resource managers for different organisations, International Air Ambulance (IAA) held a breakfast dialogue at the Sheraton Kampala Hotel on March 29. The aim of the meeting was to expose opportunities for Ugandans to access high …
Read More »UCC backtracks on radio frequency for Parliament
Kampala, Uganda | THE INDEPENDENT | Parliament will not have absolute control of the Uganda Broadcasting Corporation (UBC) Red Channel 98.0 FM, as it will only convey its programs through UBC, URN has learnt. According to the Uganda Communications Commission (UCC), Parliament will be producing programs, and UBC will host …
Read More »Army, mineral police deploy at Africa Gold Refinery
Entebbe, Uganda | THE INDEPENDENT | There has been an increased deployment of soldiers and Police officers at the Africa Gold Refinery (AGR) in Entebbe. The deployment that started on Wednesday evening as a result of a long standoff between the operators of the refinery on the acquisition of …
Read More »WTO confirms US failed to fully comply over Boeing subsidies
Geneva, Switzerland | AFP | The World Trade Organization confirmed Thursday that Washington failed to fully comply with a 2012 order to halt subsidies to Boeing, marking a partial victory for rival aircraft maker Airbus and the EU. The ruling from the WTO appeals body was the latest blow in the decade-long clash between the …
Read More »Police blamed for escorting cattle that have not been inspected
Kyotera, Uganda | THE INDEPENDENT | Police officers at Mutukula border in Kyotera district have come under fire from local authorities for allegedly aiding the movement of livestock that have not been inspected by health officials. In February this year, the Agriculture, Animal Husbandry and Fisheries Ministry lifted the cattle …
Read More »Museveni to take Kenyan SGR train today
Mombasa, Kenya | THE INDEPENDENT | President Yoweri Museveni will be the first visiting head of state to take the Makadara Express train on the new Standard Gauge Railway from Mombasa to Nairobi in Kenya. This was confirmed yesterday after discussions on day two of a three-day state visit where Museveni and …
Read More »Equity Bank partners with GOAL Uganda to empower youth
Kampala, Uganda | THE INDEPENDENT | Equity Bank (U) Ltd and the DYNAMIC (Driving Youth-led Agribusiness and Microenterprise) program in their continued quest for financial inclusion have launched a partnership to bring access to formal financial services closer to the youth through Equity Bank’s agency banking and digital finance model. …
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