BOU: Leaked documents raise concerns about the central bank Kampala, Uganda | HAGGAI MATSIKO | Fear of heads rolling at BoU has intensified ever since it was confirmed that the Inspector General of Government (IGG) was looking into the accounts of top officials of the central bank, including the Governor Tumusiime …
Read More »Musisi walks-out
The real story behind Kampala, Uganda | AGNES E. NANTABA | Events that led Jennifer Musisi, the Executive Director of Kampala Capital City Authority (KCCA) to offer to resign appear to have climaxed on Oct. 05. But when The Independent interviewed her soon after she announced her resignation, Musisi insisted on …
Read More »Museveni’s next cabinet
Which opposition politicians are in and what awaits them Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni might soon announce a new cabinet lineup. That is the expectation. And it is driven by both recent events and recent actions by the President. Museveni also plans to shuffle his staff at …
Read More »Bad oil deal
Museveni fight with oil firms threatens major project Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni’s dream of Uganda getting first oil by 2020 has been hit by a double blow from two international oil companies; Total E&P Uganda and Tullow Oil Uganda. Museveni is battling the two companies on …
Read More »ANALYSIS: Kirumira murder
Why security agencies are finding difficulty catching the killers Kampala, Uganda | THE INDEPENDENT | Almost a month after the gruesome murder of Muhammad Kirumira on Sept.8 there is little hope security agencies can find the killers of the former Buyende District Police commander. Part of the problem is that elements …
Read More »Cost of Crane Bank takeover hits Shs. 500Bn
Kampala, Uganda | HAGGAI MATSIKO | The cost of taking over Crane Bank continues to skyrocket and could hit way over Shs. 500 Bn, The Independent can exclusively report. The latest revelations indicate that the lawyers, who represented Bank of Uganda in the entire process of taking over Crane Bank …
Read More »Railway officials take 750Bn in bribes
Angry Museveni renegotiates contract, gets bribes list Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni has been told, according to insiders, a Chinese contractor paid officials and commission agents a whooping $ 200 million (approx.750bn) in order to secure a contract to construct the Standard Gauge Railway (SGR). Insiders say …
Read More »Saleh’s hand in Sudhir BoU fight revealed
Links with recent uproar over Bagyenda, dfcu Kampala, Uganda | HAGGAI MATSIKO | Gen. Caleb Akandwanaho aka Salim Saleh is urgently seeking to sort out the Crane Bank, BoU, and dfcu Bank saga, The Independent has learnt. Sources close to the General who is the de facto Number Two in his …
Read More »Kaweesi murder investigations
Kampala, Uganda | HAGGAI MATSIKO | Since the military arrested the former Inspector General of Police, Gen. Kale Kayihura, they have sought to pin him for the murder of former Assistant Inspector General of Police, Andrew Felix Kaweesi. The Independent has learnt that the team actively investigating Kayihura on alleged connection …
Read More »Finishing off Kayihura
Finishing off Kayihura – And the hunt for Crime Preventers’ boss Kampala, Uganda | HAGGAI MATSIKO | The noose around besieged former Inspector of Police Kale Kayihura continues to tighten as a joint Internal Security Organisation (ISO) and Chieftaincy of Military Intelligence (CMI) operation pursues more of his close associates. The …
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