NEWS

Kampala, Uganda | THE INDEPENDENT | Following its successful $500 million Eurobond issuance, Ecobank Transnational Incorporated (‘ETI’), the Lomé-based parent company of the Ecobank Group, was hosted by the London Stock Exchange to a market opening ceremony to celebrate the successful listing of the Eurobond on the London Stock Exchange (LSE) …

Kampala, Uganda | THE INDEPENDENT | Kampala Lord Mayor Erias Lukwago has lost an appeal challenging a tax bill of 47 million Shillings filed by former Executive Director of Kampala Capital City Authority Jennifer Musisi Ssemakula. The taxation appeal stems from an application filed by Lukwago in 2012 accusing the …

Kampala, Uganda | THE INDEPENDENT |  President Yoweri Museveni has attributed the persistent power blackouts to the continued use of old electric poles and transmission wires.  Many districts in the country, including Gulu and Arua, are experiencing acute power shortages and there hasn’t been any clear explanation despite the country generating …

Kampala, Uganda | THE INDEPENDENT |  President Yoweri Museveni listed the same government Bills for parliament to handle in the coming year as he did in his 2018 Address. Museveni on Thursday delivered the State of the Nation address on the achievements made by the government in the past year, the …

Kampala, Uganda | THE INDEPENDENT | Mbarara municipality Councillors are calling for investigations into the renovation works undertaken on Mbarara roundabout early this year. The task contracted to Abubaker Technical Services involved the beautification of the roundabout as well as streets across Mbarara municipality. But in the process, the company …

Kampala, Uganda | THE INDEPENDENT |  Dr Isaac Mugume, a Meteorology PhD graduate has benefitted from a 9.4 billion shillings innovative initiative supporting Africa-led climate science research. Dr Mugume, who is also an Assistant Lecturer in the Department of Geography, Geo-informatics and Climatic Sciences, will receive 478.8million shillings for his research …

Kampala, Uganda | THE INDEPENDENT | Museveni in his State of the Nation said  Doho Irrigation scheme in Butalega district, Mubuku Irrigation scheme in Kasese district, Agoro in Lamwo district and Olweny in Lira district were complete. He said physical works for Mubuku II and Doho II were on going. …

Kampala, Uganda | THE INDEPENDENT | President Museveni insists that Uganda need nuclear power dams despite concerns that generating power from nuclear is quite expensive. He said the government has completed pre-feasibility studies for a 2000-Meggwatt nuclear powers project He says Uganda must think of nuclear power because all the …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has lashed at the Opposition for criticizing Government programs instead of developing their constituents. He said the opposition in Parliament has not done anything tangible for the people it represents. During the State of the Nation Address at Serena International Conference …

Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank (UDB) has now been capitalised to the tune of 272 billion shillings, with the money expected to help reduce the cost of money for local entrepreneurs. Speaking at the State of the Nation Address on Thursday, President Museveni said the “the …