COVER STORY: Government secretly giving bail outs? Information unearthed by The independent reveals that despite the public backlash against the proposed bail out of sinking companies, the government has resorted to a secret plan to bail out some of the businessmen including one who received a staggering Shs47bn. LAST WORD: …
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COVER STORY: Bujagali sale goes bad An American company that owns a majority stake in the 250MW Bujagali dam wants to sell its shares in Bujagali Energy Ltd, but President Museveni and technocrats at the Energy Ministry are yet to reach a consensus on the right investor to buy the …
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COVER STORY: President Museveni enters fight over Karuma, Isimba An investigation by the Independent reveals that once again President Museveni has found himself in a tussle with Energy Minister Irene Muloni and her Permanent Secretary Kabagambe Kaliisa who have once again defied him on a third directive he issued regarding …
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COVER STORY: Land mafia pounce With the government pushing for the immediate amendment of the Land Act for it to be able to start acquire private land before compensating its owners, top land lawyers warn that land grabbers could have a hand in the scheme. LAST WORD: Weapons of the …
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COVER STORY: Why the bail-out group will get money In spite of the public furor against the proposed financial bail-out to distressed companies, the companies will eventually get the financial relief because the tycoons have been courting Gen. Salim Saleh, Museveni’s younger brother, who has been influential in running government …
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COVER STORY: New crisis over Karuma, Isimba Dams Senior officials at the Ministries of Finance, Energy and UEGLC, the government body in charge of electricity generation are desperate to stem the uncontrollable rise of the cost of Karuma and Isimba dams. Now, the matter might become a legal battle as …
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A selection of stories in this week’s THE INDEPENDENT. Get your copy at the nearest news stand. COVER STORY: 2016/2017 budget Government officials say the Shs26Trillion budget is aimed at key sectors like infrastructure, social service delivery and agricultural productivity although they say there will be a cut on domestic …
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LEAD STORY Cover story: Why MTN Uganda boss Gouldie is leaving An investigation by The Independent reveals that the contract of MTN Uganda CEO Brian Gouldie is not being renewed due to poor performance, a procurement saga and costly quarrels with UCC, the industry regulator. LAST WORD Shutdown of Entebbe …
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In this week’s The Independent COVER Next five years of Museveni: Who will be in the government? What will it do? NEWS ANALYSIS Kadaga: symbol of failed gender empowerment? COMMENT Kanyeihamba on why the NRM betrays the people HEALTH Cost of yellow fever vaccine BUSINESS Regional Trade uplift Share on: …
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Johannesburg, South Africa | AFP | Barclays Africa Group Limited (BAGL) on Tuesday said it was committed to the continent after an earlier announcement by its British parent to gradually reduce its majority stake in the unit. “Our destiny is Africa,” said Maria Ramos, BAGL chief executive, at a press …
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The Independent Uganda: You get the Truth we Pay the Price