CHINA: Minister of Finance Kasaija’s secret letter to Museveni Kampala, Uganda | THE INDEPENDENT TEAM | When, on October 18, 2018, Uganda signed an agreement with China for a US$212.6 million loan (Approx. Shs78 billion) for rural electrification, the issue of Uganda’s increasing debt and the unfair terms of some …
Read More »Uganda Airlines pilots start training
Kampala, Uganda | AGENCIES | Uganda’s planned national carrier, Uganda Airlines, has handed over the first cockpit crew sets to Bombardier for training a head of the carrier’s comeback mid this year. The first set of eight pilots are reported to have been training facility in France while another …
Read More »Juma Kisaame officially leaves dfcu bank
Kampala, Uganda | THE INDEPENDENT | After twenty years of collective service with dfcu, Juma Kisaame has officially ended his career paving way for his successor Mathias Katamba to take over. The Speaker of Parliament Rebecca Kadaga who graced the send off dinner held at the Kampala Serena Hotel on …
Read More »Why were Premier League clubs so careful with their cash in January?
London, United Kingdom | AFP | Premier League clubs were reluctant to plunge into the inflated January marketplace this season — in stark contrast to last year, when they splashed out a record £430 million on transfer fees. Just £180 million ($235 million) was spent last month, according to finance experts …
Read More »Kadaga questions oil production timeline changes
Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga has questioned the recurring changes in timelines for achieving Uganda’s first oil, which was recently pushed to 2022. Kadaga’s inquiry was in response to a presentation by Energy Minister Irene Muloni indicating that that Uganda was likely to …
Read More »ICPAU boss backs new ways of growing accountancy profession
Kampala, Uganda | JULIUS BUSINGE | The President of the Institute of Certified Public Accountants of Uganda Frederick Kibbedi (CPA) is pushing for adoption of new initiatives that can improve the standards of the profession in the country. Kibbedi who was addressing a number of practicing accountants during the …
Read More »URA smashes million dollar ivory, pangolin smuggling racket
⭕ 3 trucks of smuggled elephant tusks and pangolin scales ⭕ Came through the Elegu One Stop Border Post ⭕ 2 Vietnamese suspects arrested Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) has started reaping from the introduction of Non-intrusive Cargo Inspection (NII) scanning technology that this week, uncovered …
Read More »Stolen motor vehicle number plate
STOLEN VEHICLE PLATES: How to avoid it and what to do if you’re hit Kampala, Uganda | MOTORING GURU | Motor vehicle registration (number) plates have become a major target of criminals. The goal of the criminals, in most cases, is to extort money from the car owner. It is …
Read More »PSFU skilling Ugandans
Kampala, Uganda | THE INDEPENDENT | Q-sourcing, a human resourcing consulting firm, could only train 120 people annually, according to its Managing Director, Patrick Mbonye. Now, the firm is able to train 400 people annually after receiving a grant from the Private Sector Foundation Uganda in 2018. “The grant …
Read More »‘Significant progress’ expected in China trade talks: US official
Washington, United States | AFP | The United States hopes to make “significant progress” during high-stakes trade talks with Chinese officials this week, US Treasury Secretary Steven Mnuchin said Tuesday. Beijing and Washington have a month remaining in a 90-day truce declared in December before US tariffs on hundreds of billions in Chinese exports are …
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