NEWS ANALYSIS | THE INDEPENDENT | Uganda is expected to get USD 14.6 million (about sh55 billion) as capital gains tax on the sale of oil and gas interests in Uganda by Tullow Oil to French multinational oil and gas company TOTAL SE. The long-drawn-out process of Tullow Oil exiting Uganda …
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Examining the theories so far | KEVIN MARSH AND MOSES ALOBO | As the threat of a COVID-19 pandemic emerged earlier this year, many felt a sense of apprehension about what would happen when it reached Africa. For example, the Standard newspaper in Kenya reported on April 22 that “Anywhere …
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Survey shows Uganda faces worst food risk in Africa Kampala, Uganda | RONALD MUSOKE | Ugandan farmers are among the worst hit by the coronavirus pandemic and lockdown measures in Africa according to research released on Oct.16 by Voluntary Service Overseas (VSO), an independent international development organisation that works to …
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NRM set to take Shs12 bn of released Shs15 bn Kampala, Uganda | MUBATSI ASINJA HABATI | After two years of waiting the Government of Uganda has finally released Shs15 billion to the Electoral Commission for funding political parties. The money goes political parties with representation in parliament parties. They …
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New report shows why changing leaders doesn’t change politics in Africa Kampala, Uganda | THE INDEPENDENT | Leadership change results in an initial wave of optimism. But ongoing political challenges and constraints mean that it is often a case of “the more things change the more they stay the same. …
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Museveni accused of switching sides Kampala, Uganda | THE INDEPENDENT | Uganda’s biggest power project, the 600MW Karuma Hydropower Dam on River Nile, appears to be in trouble amidst allegations of shoddy works, breached contracts, verbal fights, and even accusations of sabotage. In the fight, the Chinese contractors, Sinohydro Corporation …
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Kampala, Uganda | THE INDEPENDENT | Did Hamis Kiggundu acquire a syndicated loan from Diamond Trust Bank -DTB? This will be one of the many questions that will face the Court of Appeal and the legal fraternity as a whole. Diamond Trust Bank filed a notice to appeal the ruling …
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Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Chinese, Ugandans fight over Karuma Dam: Museveni accused of switch sides THE LAST WORD Uganda’s addiction to borrowing: Why our country continues to take more and more loans and what this means for …
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Kampala, Uganda | THE INDEPENDENT | The controversy surrounding a commercial court judgement on the case between Diamond Trust Bank and businessman Hamis Kiggundu has taken a new twist after the Bank of Uganda advised that a foreign bank can appoint an agent to carry our business in Uganda, without …
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Kampala, Uganda | THE INDEPENDENT & URN | Bank of Uganda (BOU) has stated that foreign banks lending deposits held in jurisdictions other than Uganda are regulated and supervised by their home authorities, and it is not mandatory for a foreign bank to establish a representative office in Uganda in …
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