Kampala, Uganda | THE INDEPENDENT | Uganda’s Electoral Commission has verified and cleared the supporters of President Yoweri Kaguta Museveni and three other aspiring candidates for the 2021 Presidential Elections. Section 10(b) of the Presidential Elections Act provides that a presidential candidate’s nomination shall be supported by not less …
Read More »Trump warns Ethiopia of Egyptian attack on dam
Washington, USA | THE INDEPENDENT | President Donald Trump has voiced his concern about the failed talks on the building of the Grand Ethiopian Renaissance Dam (GERD) on the River Nile, saying he believes Egypt will launch an attack against it. He blamed Ethiopia for ignoring a deal he had struck …
Read More »How Uganda lost out in lucrative Tullow oil deal
NEWS ANALYSIS | THE INDEPENDENT | Uganda is expected to get USD 14.6 million (about sh55 billion) as capital gains tax on the sale of oil and gas interests in Uganda by Tullow Oil to French multinational oil and gas company TOTAL SE. The long-drawn-out process of Tullow Oil exiting Uganda …
Read More »Museveni flags off Masindi port, Apac,Lira, Pader road works
Lira, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has flagged off the tarmacking of Masindi-Pader to Acholibur Highway. The upgrade of the 191km road running from Rwenkunyu in Masindi through Apac and Lira to Puranga town in Pader district is expected to begin around November following the launch of …
Read More »URA okays $575 million Total-Tullow oil deal
Kampala, Uganda | THE INDEPENDENT | French oil major Total, the Ugandan government and Tullow have resolved tax disagreements that have delayed the sale of a $575 million stake that is key to ensuring Uganda produces first oil in three years’ time. “Government of Uganda and the Ugandan Revenue Authority have executed a …
Read More »URA’s Shs1tn first quarter surplus
Economic experts warn that it is too early to celebrate the performance Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has recorded a surplus in revenue collection for the first quarter of the Financial Year 2020/21 amidst the coronavirus pandemic but economic experts warn it is too early to …
Read More »Ham vs DTB court ruling
Experts warn of dire consequences for the private sector, government in relation to access to capital Kampala, Uganda | RONALD MUSOKE | Capital inflow in form of loans is big business in Uganda. In both the private and public sectors, loans secured from foreign investors boost service delivery, improve people’s …
Read More »Party’s want more money from govt
NRM set to take Shs12 bn of released Shs15 bn Kampala, Uganda | MUBATSI ASINJA HABATI | After two years of waiting the Government of Uganda has finally released Shs15 billion to the Electoral Commission for funding political parties. The money goes political parties with representation in parliament parties. They …
Read More »Chinese, Ugandans fight over Karuma Dam
Museveni accused of switching sides Kampala, Uganda | THE INDEPENDENT | Uganda’s biggest power project, the 600MW Karuma Hydropower Dam on River Nile, appears to be in trouble amidst allegations of shoddy works, breached contracts, verbal fights, and even accusations of sabotage. In the fight, the Chinese contractors, Sinohydro Corporation …
Read More »Kiplimo beats Cheptegei to win World title
✳ Kiplimo 1st ✳ Cheptegei 4th Individual Prizes 1. $30,000 (Sh111million) 2. $15,000 3. $10,000 4. $7,000 Team Prizes 1. $15,000 2. $12,000 3. $9,000 4. $7,500 Gdynia, Poland | THE INDEPENDENT & XINHUA | Nineteen-year-old Ugandan long distance sensation Jacob Kiplimo stunned a strong field to win the World …
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