Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has opted to keep the Central Bank Rate at a high 10.25 per cent for the next two months, following a renewed rise in inflation. The CBR is an indicative interest rate that the Central Bank uses to influence the cost …

ALGIERS, Algeria | Xinhua | Algerian Foreign Minister Ahmed Attaf held a phone conversation with U.S. Secretary of State Antony Blinken on Tuesday to discuss the recent ceasefire initiative announced by U.S. President Joe Biden, aimed at ending the ongoing conflict between Israel and Hamas in the Gaza Strip. The …

RUTSHURU, DRC | THE INDEPENDENT | The International Committee of the Red Cross-ICRC has suspended the distribution of food aid to displaced civilians in Kanyabayonga, Lubero territory, North Kivu Province. On Monday there was fighting along Kilambo-Bulindi road, west of Rutshuru territory, and Maysafi-Lubwe, in the Virunga National Park along Kanyabayonga-Rwindi …

Kampala, Uganda | THE INDEPENDENT | “Fear is the key that opens the wallets of the rich,” said a thriller writer. But the reality version is now unfolding in Uganda, as an arrested conman has started revealing identities of very important persons who have been giving him money they thought was …

Kampala, Uganda | THE INDEPENDENT | The Makerere University Staff Appeals Tribunal has overturned a decision by the university’s Appointments Board to deny law Professor, John Jean Barya, a post-retirement contract. The Tribunal, chaired by the newly appointed chairperson, Dr Henry Onoria, also awarded Prof. Barya 100 million Shillings in general …

Kampala, Uganda | THE INDEPENDENT | The Uganda Railways Corporation has assured its clients of maximum safety while traveling on their trains. This follows a public statement by one passenger, Xavier Oluk, last Friday about the quality of travel and the safety on the passenger trains between Kampala and Namanve. While …

The government is committed to investing in the population through various vehicles including the Parish Development Model Kampala, Uganda | THE INDEPENDENT | Uganda’s government, in collaboration with development partners, has long focused on wealth creation initiatives among the population. However, Finance Minister Matia Kasaija believes these efforts can achieve significantly …

Kampala, Uganda | THE INDEPENDENT | Researchers at the Uganda Heart Institute (UHI) have revealed that now they can diagnose heart complications in children using a blood test. During a research dissemination conference at Kabira Country Club in Kampala, organized by Uganda Heart Institute, researchers revealed that early intervention for sore …

TEHRAN, Iran | Xinhua | Iran’s Constitutional Council spokesman Hadi Tahan Nazif announced on Tuesday the start of the process to vet the registered candidates for the country’s 14th presidential election, scheduled for June 28. Tahan Nazif said in an interview with state-run IRIB TV that the council sought to …

Light up and power Africa, feed Africa, industrialize Africa, integrate Africa and improve the quality of life are the Bank’s High 5 operational priorities Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, African Development Bank Group, will boost its financing capacity by over 70 billion USD as it unveils a …