Kampala, Uganda | THE INDEPENDENT | Former Shareholders of the defunct National Bank of Commerce (NBC) are demanding sh295 billion as compensation from Bank of Uganda (BoU) over the closure of their Bank. The shareholders include former Prime Minister Amama Mbabazi, businessman Amos Nzeyi, former Supreme Court Judge George Wilson …

  Kisoro, Uganda | THE INDEPENDENT | A Kisoro businessman who went missing last week, has been found dead. Steven Nteziyaremye, 32, a resident of Gapfurizo Village in Karambi Parish in Nyarubuye Sub County in Kisoro district went missing on Friday last week. His brother, Emmanuel Nsabiyunva, says the deceased’s …

Kampala, Uganda | THE INDEPENDENT |  The Uganda Cancer Institute is recording an increase in cancers of the stomach and colon. The surge is attributed to unhealthy and sedentary lifestyles and change in diets, among the population, according to Dr Jackson Orem, the Executive Director of the Uganda Cancer Institute. …

Crispin Kaheru is the Coordinator of the Citizens Coalition for Electoral Democracy (CCEDU) which recently wrote an open letter to President Museveni on electoral reforms. He spoke to Ian Katusiime about the issues raised. In your open letter to the President, you talk about monetisation of elections but this sounds …

MAAIF, FAO advance efforts towards regulation of fisheries and aquaculture Kampala, Uganda | THE INDEPENDENT TEAM | Uganda will soon have a new Fisheries and Aquaculture law, if the proposed Fisheries and Aquaculture Bill, 2018, is reviewed and approved by Cabinet and Parliament. The proposed law is a revision of …

Kampala, Uganda | THE INDEPENDENT | Abdu Katuntu’s continued hold on the leadership of the Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) is illegal, the Forum for Democratic Change-FDC has aid. FDC party spokesperson Ibrahim Ssemujju Nganda has asked Katuntu to stop participating in illegalities and hand over …

Understanding the high risk burden to the economy posed by the current debt level COMMENT | Ezra Munyabonera | Due to high borrowing costs—especially domestically—Uganda’s debt burden may reach unsustainable levels in the medium term, unless government slows down on accumulation of new debt. Since the start of implementing infrastructure …

Mogadishu, Somalia | AFP |  Somalia’s Al-Shabaab militants on Monday shot dead the Maltese manager of a port, while detonating a car bomb in the capital which killed nine people and wounded several others. In a deadly day for the restive nation, a gunman shot Maltese national Paul Anthony Formosa, …

MTN told to fulfill the National Broadband Policy as a condition to have its licence renewed Kampala, Uganda | ISAAC KHISA | It is impossible to tell a story about the Uganda’s telecom revolution that began more than 20 years ago without mentioning MTN. The South African firm entered the country’s …

  Kampala, Uganda | THE INDEPENDENT | Sh 34.3 trillion is the resource envelope for financial year 2019/2020, up by Sh 2 trillion from the current financial year. Of the Sh 34.3 trillion, domestic revenue collections are expected to generate Sh 18.3 trillion, according to National Budget Framework Paper. The economy itself …