DECISIONS ✳ The total amount of compensation awarded to the DRC is US$325,000,000. This global sum includes US$225,000,000 for damage to persons, US$40,000,000 for damage to property, and US$60,000,000 for damage related to natural resources. ✳ The total sum is to be paid in annual instalments of US$65,000,000, due on 1 September …
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Octagon Africa, a regional financial services provider offering pension and insurance service entered Uganda’s pension market in 2013, and now holds about US$100million in assets under its management. The firm’s CEO Fred Waswa spoke to The Independent’s Isaac Khisa on a wide range of issues in the pension industry. What …
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The country hopes to earn US$1.862billion next financial year Kampala, Uganda | THE INDEPENDENT | Uganda Tourism Board has launched a six-month promotion campaign to further market destination Uganda to increase sector receipts as the world emerges from COVID-19 restrictions. UTB Chief Executive Officer, Lilly Ajarova, said on Jan.15 that the …
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Kampala, Uganda | DEDAN TUMUSIIME | While many hailed the re-opening of Uganda schools on January 10th, it has come with several new problems for teachers, students and administrators. Schools were finally re-opened after a period of two years, making it the longest time schools have been closed in …
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The taxman recorded Shs900bn short fall in the first six months of FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Uganda’s taxman failed to hit its revenue target collections for the first six months of this fiscal year but hopes to record improvements in the remaining period. Latest statistics from Uganda …
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Kampala, Uganda | THE INDEPENDENT | The Uganda government has been commended for supporting recovery of business activities but more efforts needs to be done to have meaningful impact to the micro and small scale entrepreneurs, according to Joanita Nassuna, the Program Associate in charge of women and economic justice …
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Security experts say attacks on Kampala woke them up, want IGAD regional strategy Kampala, Uganda | RONALD MUSOKE | Director of the Security Sector Programme of the Intergovernmental Authority on Development (IGAD), Commander Abebe Muluneh Beyene is always on the look-out for terrorist activity. He records attacks. And he has …
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Kampala, Uganda | THE INDEPENDENT | Ugandans due for bone marrow transplants will soon not need to travel abroad to access the services. Plans are underway to enable them access transplants in Kampala at the Uganda Cancer Institute. According to the Uganda Medical Board, more than 20 Ugandans annually travel …
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Kampala, Uganda | THE INDEPENDENT | Makerere University students on Monday demonstrated against online lectures, calling for full reopening of the institution. According to the university calendar, today was the first day of semester one of the new academic year. Only first-year students are physically at the campus, while the …
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Kampala, Uganda | THE INDEPENDENT | The Buganda Road Chief Magistrates Court has rejected a request by satirical novelist Kakwenza Rukirabashaija who is facing charges of offensive Communication to have his passport returned to him. Court presided over by the Chief Magistrate Dr Douglas Singiza has rejected the request who …
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The Independent Uganda: You get the Truth we Pay the Price