But 2021 general election might affect pace of growth Kampala, Uganda | ISAAC KHISA AND PATRICIA AKANKWATSA | Companies, businesses and ordinary folks are cautiously optimistic that 2020 will be a better year though projections point to a rough business terrain owed to the much anticipated competitive 2021 election campaigns. …
Read More »
Kampala, Uganda | THE INDEPENDENT | The opposition in Parliament is at loggerheads with the Clerk to Parliament Jane Kibirige for failing to gazette the Constitutional (Amendment) Bill, 2019, drafted by Shadow Attorney General Wilfred Niwagaba. The Bill seeks to scrap the representation of the army in Parliament, remove the …
Read More »
MUHAKANIZI: Unconsumed electricity will hit Uganda’s budget hard; capacity to rise to 1200MW, yet Ugandans can only consume 600MW Kampala, Uganda | THE INDEPENDENT | Uganda must now reserve money to pay for generated but unconsumed power for the next five years, Secretary to the Treasury Keith Muhakanizi has said. …
Read More »
But fight erupts as `Super 10’ run off with compensation monies Kampala, Uganda | IAN KATUSIIME | Muhammad Abdullah Besimira first went to South Sudan in 2007 on a job with his company, BMA Constructions and Fabrications Ltd. He says he got a deal to construct government buildings and ministries …
Read More »
The powerful people behind Bemanya Kampala, Uganda | HAGGAI MATSIKO | Uganda Telecom Ltd (UTL) looks like a typical company in shambles. In April 2017 it run to court to block a petition seeking to wound it up partly owing to Shs709 billion debts it had accumulated over the years. …
Read More »
How the debate on Lubowa hospital exposes the self-indulgence of Ugandan elites and their poverty of ideas THE LAST WORD | ANDREW M. MWENDA | Two weeks ago Uganda government approved $380m (or Shs1.4 trillion) to build an “international specialised hospital” in Lubowa. On the face of it, this is …
Read More »
MUTEBILE: What happens next? Kampala, Uganda | HAGGAI MATSIKO | Anxiety is building about what the future holds for management of Uganda’s economy as the curtain slowly comes down on three prominent figures; Bank of Uganda Governor Tumusiime Mutebile, his deputy Louis Kasekende at Bank of Uganda, Secretary to the Treasury …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Permanent Secretary Ministry of Finance and Secretary to the Treasury Keith Muhakanizi has advised against the payment of Sh40 billion to 10 companies that supplied grain to the South Sudan Government. Parliament last year approved a request from the government to clear …
Read More »
BOU GOV RACE: IMF’s Ating Ego, Kasekende, Muhakanizi, Kiiza in race Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni is looking to replace his long-serving Bank of Uganda Governor, Emmanuel Tumusiime Mutebile. The Independent can exclusively report that Mutebile’s replacement is likely to be a totally unexpected choice. Highly placed …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda has stepped up the search for an investor to revamp Uganda Telecom Limited (UTL), with Cabinet approving a proposal by the Ministry of Finance to provide a range of incentives to attract competent bids. “Cabinet agreed to and approved the proposal by the Ministry …
Read More »
The Independent Uganda: You get the Truth we Pay the Price