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The independent

Shilling could end year at 1,700 to the dollar

By Patrick Kagenda Buoyed by returning off-shore investors especially in the oil sector, increased remittances from Ugandans working abroad, and inflows from exports, the shilling has appreciated 25% against the dollar over a six months ending October 31. Globally the dollar has seen some depreciation lately, against other currencies. It …

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Roads ministry seeks regional harmony on weighbridges

  By Patrick Kagenda Works and Transport minister John Nasasira’s decision to suspend weighbridges across the country might finally put Uganda in harmony with its regional neighbours. Nasasira allegedly suspended the operation of weighbridges after it was discovered that the weigh bridge attendants were extorting money from truck owners, operators …

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