Kampala, Uganda | THE INDEPENDENT | Sugar factories in Busoga region are expected to resume production in two weeks’ time, according to Jim Kabeho, the chairman of the Uganda Sugar Manufacturers Association. Up to six sugar factories in the region had halted production for more than two months to undertake routine …
Read More »Sudan’s Mahdi rejects call for mass demos on June 30
Khartoum, Sudan | AFP | Sudan’s veteran opposition leader Sadiq al-Mahdi rejected on Wednesday a call for nationwide mass demonstrations against the country’s ruling generals on June 30. The remarks by the head of National Umma Party come as tension between the generals and leaders from the umbrella protest movement, the …
Read More »Whistleblower raises red flag on UNRA recruitments
Kampala, Uganda | THE INDEPENDENT | A whistleblower has petitioned Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) over anomalies in the recruitment of staff at the Uganda National Roads Authority (UNRA). The Whistleblower alleges that the process is unfair and discriminative. Committee Chairperson Mubarak Munyagwa says that his …
Read More »Cigarette, electrical fault ‘may have caused’ Notre-Dame fire
Paris, France | AFP | A poorly stubbed-out cigarette or an electrical fault could have started the devastating fire that ripped through Paris’ Notre-Dame cathedral in April, French prosecutors said Wednesday, while ruling out any criminal intent. The statement by prosecutors, which also said an investigation was being opened into possible …
Read More »Stanbic launches online account opening
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has launched a service that allows new customers to open personal accounts online. The digitized process, which is accessible off the Stanbic Bank website www.stanbicbank.co.ug, means that customers can now open accounts on the go, anywhere, in any country and anytime. …
Read More »Tullow considers selling all its assets in Uganda
Kampala, Uganda | THE INDEPENDENT | Tullow Oil is considering selling all its assets in Uganda as the firm down tax dispute rages on. The Irish company, which also owns Tullow Operations Uganda, has hinted on the slow progress towards resolving a Capital Gains tax dispute on the USD 900 million …
Read More »Microfinance Regulatory Authority gets substantive executive director
Kampala, Uganda | THE INDEPENDENT | Edith Namugga Tusuubira has been named the substantive Executive Director of the Uganda Microfinance Regulatory Authority. The authority is a government agency mandated to regulate license and supervise tier 4 microfinance institutions and money lenders in Uganda. These include Savings and Credit Cooperatives –SACCOs, Non-deposit …
Read More »Roscongress, Afreximbank and REC sign agreement to promote trade
Moscow, Russia | Isaac Khisa | As part of the Russia–Africa Economic Conference in Moscow, Russia, the Roscongress Foundation, African Export-Import Bank (Afreximbank), and the Russian Export Center (REC) on June.21 signed an agreement to cooperate on establishing effective communication between expert communities and business circles in the Russian Federation and …
Read More »Referral hospitals want NMS monopoly broken
Kampala, Uganda | THE INDEPENDENT | The authorities of various regional referral hospitals want the monopoly of National Medical Stores to procure and supply medicine broken, according to the Public Accounts Committee Chairperson, Nathan Nandala Mafabi. He disclosed this on Tuesday as his committee was finalizing its engagements with National …
Read More »Parliament defers debate on landlord-tenant bill
Kampala, Uganda | THE INDEPENDENT | Parliament has deferred debate on the Landlord and Tenant Bill following controversy on a provision that requires that all rent obligations be recorded and settled in Uganda Shillings. The clause had been supported by Kampala Central MP Muhammad Nsereko who observed a need to …
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