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His 2021 plan now involves dealing with Mabikke, Bwanika return Kampala, Uganda | FLAVIA NASSAKA |Michael Mabikke is a distinctive figure in the Democratic Party (DP). Chatty and squat and plumb with mid-age, he recently returned to his “mother party”, DP, after a long sojourn. And that, a DP insider …

CHINA: Minister of Finance Kasaija’s secret letter to Museveni Kampala, Uganda | THE INDEPENDENT TEAM | When, on October 18, 2018, Uganda signed an agreement with China for a US$212.6 million loan (Approx. Shs78 billion) for rural electrification, the issue of Uganda’s increasing debt and the unfair terms of some …

IGG accused, Mutebile, Kasekende under fire Kampala, Uganda | HAGGAI MATSIKO | Details of a draft report prepared by the Inspector General of Government (IGG) into the controversial February 2018 staff changes at Bank of Uganda (BoU) have leaked and sparks are already flying. The leakage occurred partly because some …

  PUBLIC DEBT: Why is it growing? Is it prohibitive, unsustainable? Kampala, Uganda | ANDREW M. MWENDA | On January 10, I watched with increasing depression a debate about Uganda’s national debt on the NBS Frontline show. Although the Minister of State for Finance, David Bahati, made many good arguments …

Legal fight over COSASE looms Kampala, Uganda | HAGGAI MATSIKO | Jan. 14 could see sparks in parliament in a dispute between Speaker Rebecca Kadaga and leaders of the opposition over the tenure of the committee on Commissions, Statutory Authorities and State Enterprises (COSASE). Led by Bugweri County MP Abdul Katuntu …

From Uganda’s celebrated bankers to 2018 bummers Kampala, Uganda | HAGGAI MATSIKO | In 1991, some of the most powerful people in business and public office In Uganda from western Uganda jointly opened a bank. They called it the Kigezi Bank of Commerce with a commence capitalization of US$20 million. They …

How the fight against corruption was lost Kampala, Uganda | THE INDEPENDENT  REPORTERS | When on Dec.05, an American court convicted Patrick Ho Chi Ping on charges of bribing foreign leaders in Chad and Uganda in a bid to corruptly secure unfair business advantages for his multi-billion-dollar Chinese energy company,  news …

Museveni, MPs plot less money in next election Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni’s ruling NRM party spent Shs13 billion on the 996 national election, Shs30 billion in 2001, Shs50 billion in 2006 billion and Shs75 billion in 2011. In the 2016 elections, some estimates indicate, the ruling …

Why former BoU supervision director defied parliamentary probe Kampala, Uganda | HAGGAI MATSIKO | A sitting of the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) which is probing Bank of Uganda’s dissolution of seven commercial over 23 years turned dramatic on Nov.20 when central bank officials contradicted …

UPDF on high alert, deploys at the border Kampala, Uganda | THE INDEPENDENT | A spate of attacks by the Allied Democratic Forces (ADF)has sparked fears the rebel group could soon attack Uganda after many years of operating in eastern DR Congo. Founded in Uganda by a group of Islamic …