By Patrick Kagenda As the Global Fund scandal nears a turning point following the conviction of Teddy Sseezi Cheeye for corruption and the list of suspects growing every other day, it has sucked in the Uganda National Chamber of Commerce and Industry over Shs 380 million received from the Global …
Read More »Mini oil refinery to go ahead“ D’Ujanga
By Agencies Uganda plans to go-ahead with the construction of a mini-refinery for its two billion barrels of crude reserves after previously ruling the idea out, the state energy minister said. Investor interest is heating up for Uganda’s oil discoveries since explorers Tullow Oil and Heritage Oil discovered hydrocarbons in …
Read More »New insurance scheme enters Uganda market
By Patrick Kagenda A new insurance company offering rare insurance services has entered the Uganda market. Africa Trade Insurance (ATI) is a multilateral political and credit risk insurer that recently opened shop in Uganda. But its major challenge is to sell itself to the local insurance firms as most of …
Read More »Dictatorships don’t serve the people; they give privileges to their cronies
By Andrew M. Mwenda Dear Colin, I read your letter regarding my views on the President of Rwanda, Paul Kagame, with interest and disappointment. Although you raise some legitimate issues, I was disappointed by its innuendoes and insinuations where you accuse me of being “journalist of fortune” and of ‘selling …
Read More »Did Gen. Kazini try to overthrow Museveni?
By Obed K. Katureebe Should he be convicted in the military court, analysts say Kazini could be dismissed from the army and probably be demoted to the level of a private. That would be a very dishonourable end for a valiant officer. On April 15, 2009, the embattled Maj. Gen. …
Read More »UPDF pensions department stinks
By Robert Shaka It has been a tradition for the media to shy away even on policy matters affecting the operations of the UPDF and other sister security institutions. While the concerns of both the political and military leadership is understandable, we cannot discharge our responsibility to help this institution …
Read More »Uganda can’t pay patriotism RDCs
By Onghwens Kisangala Next month, the minister of Finance will engage in the annual ritual of reading the Budget to Parliament. The question, however, is whether this time round we will get our national priorities right. The Independents Onghwens Kisangala talked to Prof. Edward Kakonge, the Board Chairperson of Uganda …
Read More »FDC suing JATT, Mbabazi is fresh air for torture victims
By John Njoroge Opposition Forum for Democratic Change (FDC) party’s decision to sue members of the Joint Anti-Terrorism Taskforce (JATT) and security minister John Patrick Amama Mbabazi for the torture and inhuman treatment of among others, Francis Atugonza; its secretary for industry and trade and mayor of Hoima town, has …
Read More »BoU blames off-shore investor flight for economic troubles
By Patrick Kagenda A 73% decline in the value of off-shore investments has forced Bank of Uganda to rethink its policies. BoU Deputy Director of Research, Charles A. Abuka, told a workshop organized for forex bureau operators that the bank was reviewing its fiscal policy programs to fit in with …
Read More »High prices, poverty, joblessness
By Melina Platas Survey lists top Uganda economic problems Most Ugandans think the economy is doing badly and getting worse, according to the findings of a latest survey on various sectors of the country. The Afrobarometer, an independent, non-partisan research instrument that surveys 20 African countries, recently released their fourth …
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The Independent Uganda: You get the Truth we Pay the Price