NEWS

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda says that it is ready to defend the termination of the contracts of former employees of Crane Bank. Last month, 400 former employees of Crane Bank through their lawyer Isaac Ssemakadde wrote a statutory notice to Bank of Uganda demanding 120 …

Kampala, Uganda | THE INDEPENDENT | “How many tourists actually visit Uganda?” is a question that many keep asking. According to Uganda Tourism Board (UTB), 1.3 million visitors came to Uganda, generating 1.4 billion dollars. Uganda Radio Network put this question to the chief executive of UTB, Stephen Asiimwe, on whether …

Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker, Jacob Oulanyah, has raised concerns about the usage of the Peace, Recovery and Development Plan (PRDP) and Northern Uganda Social Action Fund (NUSAF) monies, which are allocated each financial year to support victims of the war in northern Uganda. Oulanyah said although …

Kampala, Uganda | THE INDEPENDENT | The Deputy Speaker of Parliament, Jacob Oulanyah, has blamed the poor performance of Parliament on House committees taking longer than the prescribed 45 days. In his communication to legislators on Thursday, Oulanyah said Parliament would from now on strictly follow the provisions in the Rules …

Kampala, Uganda | THE INDEPENDENT | Ugandans drink more Nescafe coffee than other coffees in spite of the country being home to some of the best coffees in the world. The managing director of Uganda Coffee Development Authority, Emmanuel Niyibigira, says a study they recently conducted show that Nescafe, a soluble …

Kampala, Uganda | THE INDEPENDENT | The ongoing operation to retrieve MV Templar from Lake Victoria and recover the bodies of the remaining victims has boosted business at Mutima Beach in Mpaata Sub County in Mukono district. Dozens of people have been flocking Mutima beach to witness the operation to retrieve …

Kampala, Uganda | THE INDEPENDENT | Parliament has finally passed a Bill intended to provide a regulatory framework that facilitates the safe development and application of biotechnology in Uganda. The Bill, formerly called the National Biotechnology and Biosafety Bill, 2012 has now been renamed the Genetic Engineering Regulatory Bill 2018 following …

Kampala, Uganda | THE INDEPENDENT | Parliament has passed a resolution asking the government to ban all Ponzi and Pyramid schemes. According to an earlier statement by the Central Bank, Ponzi or Pyramid schemes were described as fraudulent investing scams promising high rates of return with little risk to investors. The …

Kampala, Uganda | THE INDEPENDENT | The former Central Bank Executive Director Supervision, Ms Justine Bagyenda, picked bags containing what is believed to be missing crucial documents required by Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (Cosase), MPs have been told. Ms Bagyenda, who in a letter to the …

Kampala, Uganda | THE INDEPENDENT | The operation to retrieve MV Templar from Lake Victoria has finally yielded results. The Police Marine and UPDF teams were able to pull the wreckage from underneath the lake a few minutes to 5pm this evening. The officers used steel cables tied on a tractor …