Legal fight over COSASE looms Kampala, Uganda | HAGGAI MATSIKO | Jan. 14 could see sparks in parliament in a dispute between Speaker Rebecca Kadaga and leaders of the opposition over the tenure of the committee on Commissions, Statutory Authorities and State Enterprises (COSASE). Led by Bugweri County MP Abdul Katuntu …
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From Uganda’s celebrated bankers to 2018 bummers Kampala, Uganda | HAGGAI MATSIKO | In 1991, some of the most powerful people in business and public office In Uganda from western Uganda jointly opened a bank. They called it the Kigezi Bank of Commerce with a commence capitalization of US$20 million. They …
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How the fight against corruption was lost Kampala, Uganda | THE INDEPENDENT REPORTERS | When on Dec.05, an American court convicted Patrick Ho Chi Ping on charges of bribing foreign leaders in Chad and Uganda in a bid to corruptly secure unfair business advantages for his multi-billion-dollar Chinese energy company, news …
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Museveni, MPs plot less money in next election Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni’s ruling NRM party spent Shs13 billion on the 996 national election, Shs30 billion in 2001, Shs50 billion in 2006 billion and Shs75 billion in 2011. In the 2016 elections, some estimates indicate, the ruling …
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Why former BoU supervision director defied parliamentary probe Kampala, Uganda | HAGGAI MATSIKO | A sitting of the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) which is probing Bank of Uganda’s dissolution of seven commercial over 23 years turned dramatic on Nov.20 when central bank officials contradicted …
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UPDF on high alert, deploys at the border Kampala, Uganda | THE INDEPENDENT | A spate of attacks by the Allied Democratic Forces (ADF)has sparked fears the rebel group could soon attack Uganda after many years of operating in eastern DR Congo. Founded in Uganda by a group of Islamic …
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Museveni meets Mutebile Behind the scenes efforts to save Kasekende, Mutebile Kampala, Uganda | HAGGAI MATSIKO | What would you say if you saw President Yoweri Museveni and embattled Bank of Uganda Governor Tumusiime Mutebile in a meeting at this time? What if that meeting, which in fact happened last week, …
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KAYIHURA: Charges bogus, says Museveni but ISO says, it has new charges Kampala, Uganda | HAGGAI MATSIKO | Former Inspector General of Police (IGP) Gen. Kale Kayihura could soon be a free man. President Yoweri Museveni has reportedly said that the charges against Kayihura are bogus and he should be released. …
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BOU: Leaked documents raise concerns about the central bank Kampala, Uganda | HAGGAI MATSIKO | Fear of heads rolling at BoU has intensified ever since it was confirmed that the Inspector General of Government (IGG) was looking into the accounts of top officials of the central bank, including the Governor Tumusiime …
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The real story behind Kampala, Uganda | AGNES E. NANTABA | Events that led Jennifer Musisi, the Executive Director of Kampala Capital City Authority (KCCA) to offer to resign appear to have climaxed on Oct. 05. But when The Independent interviewed her soon after she announced her resignation, Musisi insisted on …
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The Independent Uganda: You get the Truth we Pay the Price