Cover Story

 By Peter Nyanzi Racket involves officials in Bank of Uganda, Ministry of Finance, Accountant General’s Office, Treasury AG recommends prosecution, recovery of billions from private companies, Centenary Bank, district officials, army veterans and other individuals Probe could lead to wide ranging reforms in how ministries manage public funds Government awaits …

By Independent Team How Godfathers protected main player in the grand theft On Monday, November 28, 2011, a man identified as Benon Byamukama of Kitovu LC I in Mbarara walked into Cairo International Bank main branch on Plot 30 Kampala Road to open a savings account as a member of …

By Julius Odeke It was Uganda’s day.  No doubt about that.  The traditional dancers who graced the 50 year anniversary celebrations at Kololo Independence Grounds on Oct. 9 gave the ceremony an African touch that excited spectators. Black, yellow and red were the favoured colors of all who were at …

By Haggai Matsiko Museveni launches `century of Uganda’ There are times when it looks like the success or failure of an important occasion hangs on the outcome of a single event in the ceremony. Amidst the unprecedented excitement, pomp, and pageantry at celebrations to mark Uganda 50 years of independence …

By Haggai Matsiko Mayanja Nkangi, Maj. John Kazoora, Godber Tumushabe, Mwambutsya Ndebesa speak of their frustration, fear, and hope On Oct 9 1962 when Uganda attained her independence, Jehoash Mayanja Sibakyalyawo  Nkangi  was 32-years old and the minister of Commerce and Industry in the UPC/Kabaka Yekka government. In an interview …

By Independent Team Museveni blamed as commission agents, government officials conspire to squeeze money out of project Deputy Registrar John Eudes Keitirima’s chambers in the High Court building in Kampala were on Sept. 6 the scene of an interesting spectacle. A construction company, Salini SpA, was seeking an order to …

By Haggai Matsiko Oil firms fear bankruptcy as President goes for biggest refinery in the region In October 2011, President Yoweri Museveni urged members of his ruling party to resist ferociously those “parasites who want to give away this resource (oil) for a morsel of food”. He was making a …

By Ronald Musoke Politicians disagree over oil money as businesses face bankruptcy During a meeting on securing Uganda’s oil revenue on Sept.13 in Kampala, disagreement erupted among top politicians and national economic planners on how best to spend the expected bounty. But business people and civil society leaders had a …

  By Independent Team and Agencies  In the first week of September the international press was awash with a single story; game rangers in Garamba National Park in the Democratic Republic of Congo had spotted a Ugandan military helicopter flying very low over the park, on an alleged unauthorised flight …

By Haggai Matsiko New rules to force CNOOC, Total, Tullow to reveal money paid The U.S’s Securities and Exchange Commission has finally issued the long awaited new rules that outline how oil, gas and mining companies must comply with Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection …