Kampala, Uganda | THE INDEPENDENT | The former Central Bank Executive Director in charge of Supervision Justine Bagyenda has been accused of usurping the powers of the Legal Department, in the Crane Bank Limited saga. The accusation came after reports that Bagyenda engaged external lawyers from MMAKs Advocates to offer …
Read More »Govt urged to reconsider change in senior citizens grant
Kampala, Uganda | THE INDEPENDENT | The government has been asked to reconsider a proposal to limit access to the Social Assistance Grants for Empowerment (SAGE) Programme to senior citizens aged above 80. The programme which commenced in 2009 is an initiative by the government of Uganda to improve the …
Read More »AMISOM to reconstitute military bases to enhance troops’ safety
Mogadishu, Somalia | THE INDEPENDENT | The African Union Mission in Somalia (AMISOM) is reconstituting its Forward Operating Bases (FOBs) to enhance safety and security of its troops. The exercise will also involve reviewing the design and layout to help establish sustainable FOBs which have positive impact on troop protection, logistical …
Read More »Mega solar power project launched in Kabulasoke
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has today commissioned the $24.5 million Kabulasoke Pilot Solar Power Park, the largest such venture in the region. Owned by a Ugandan based in Germany Dr. David Alobo, the solar project covers the Namulaba and Butiti villages, Kabulasoke sub county in …
Read More »Oil discovery boosts hotel industry in Hoima
Kampala, Uganda | THE INDEPENDENT | An influx of businessmen and investors in oil related activities has pushed up the demand for accommodation in the Albertine Graben. The area is now attracting more investments from companies and individuals seeking to tap into the Oil and Gas industry. Investors from both within …
Read More »UNBS starts investigations of Energy Drink
Kampala, Uganda | THE INDEPENDENT | The Uganda National Bureau of Standards (UNBS) has started investigations into how Natural Power SX Energy Drink ended up in one of the supermarkets in Kampala. The investigations followed a complaint from a consumer who developed an erection that lasted up to six hours after …
Read More »ARTS: A dismal step so far taken
Who’s buying art in Uganda? Kampala, Uganda | DOMINIC MUWANGUZI | In 2011 former Germany Ambassador to Uganda, Klaus Houderbaum, showcased his private collection at the now defunct MishMash art gallery in Kololo, a Kampala suburb . His collection included diverse art paintings, wood-cut prints and sculptures from some of the …
Read More »Economy to remain resilient
But risks to inflation including future direction of food crop prices, exchange rate prevail Kampala, Uganda | JULIUS BUSINGE | Uganda’s economy is projected to grow faster this year subject to a number of fundamentals. These include; continued investment in public infrastructure which will in turn have positive spillovers on …
Read More »I am ‘not dying’ to head COSASE – Katuntu
Kampala, Uganda | THE INDEPENDENT | Bugweri County Member of Parliament (MP) Abdu Katuntu has said that his team is willing to hand over the leadership of the committee on Commissions, Statutory Authorities and State Enterprises (COSASE), as soon as his successor is announced by the Speaker. He made the statement …
Read More »KCB auctions Rwanda’s Ubumwe Grande Hotel
Kampala, Uganda | THE INDEPENDENT | Rwanda’s Ubumwe Grande Hotel fetched $34.053 million in as auctioneers that was held on Dec 24 to recover money owed to Kenya Commercial Bank’s Rwandan unit. The winning bid for the property was offered by Umubano Industries. Reports indicate that more than a dozen interested parties …
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The Independent Uganda: You get the Truth we Pay the Price