US-dollar dominated leases have extended to Naalya, Kiwatule, and Najjera areas Kampala, Uganda | THE INDEPENDENT | Multinationals with lower rental budgets are now opting for residential apartments in less affluent suburbs in the greater Kampala, according to the latest report by the property management firm, Knight Frank. The report, …
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Countries asked to place regional integration above national interest
Kampala, Uganda | THE INDEPENDENT | South Africa is concerned that most African countries still consider national interests ahead of regional integration which continues to stifle regional trade and development. According to South African Minister for International Relations and Cooperation Naledi Pandor, this is likely to limit the outcomes of the …
Read More »Mid-term access slows down NSSF projects
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund has warned that their investments projects, especially in real estate will slow down from the pace that was exhibited in the previous year, due to the dwindling cash reserves. The Fund’s cash availability has reportedly been affected by the implementation …
Read More »BOU cautions against cyber fraud as NSSF launches smart card
Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has tasked the National Social Security Fund-NSSF to ensure there are no cases of cyber fraud as the fund launches a three-in-one social security smart card. With the card, the fund’s qualified members will be able to directly withdraw their NSSF …
Read More »Gulu district leaders call for stringent measures against PDM defaulters
Gulu, Uganda | THE INDEPENDENT | Gulu district leaders are concerned that the Parish Development Model-PDM may not serve its intended purposes if the government doesn’t set stringent measures against defaulters. PDM was launched in February and aims at helping locals from the parish level to increase their household incomes. Under …
Read More »Surcharge discouraging use of electronic transactions: Traders
Kampala, Uganda | THE INDEPENDENT | Small scale traders want government to reduce taxes levied on electronic transactions, so as to increase their usability at the grassroots. Speaking to URN on Monday, business owners said that cashless transactions quicken trade and are more desirable for both consumers and traders alike, however, …
Read More »NITA-U to prosecute media, data users for violating privacy laws
Kampala, Uganda | THE INDEPENDENT | Media houses, online shops, and other organizations face sanctions by the Ministry of ICT through the National Information Technology Authority, for misusing or mishandling people’s private data. This comes as the government finalizes the operationalization of the Data Protection and Privacy Act, 2019, with the opening …
Read More »FULL JUDGMENT: Bitature vs Vantage
Court throws all costs on lawyer Fred Muwema for misleading client Kampala, Uganda | THE INDEPENDENT | The Commercial Division of the High Court in Kampala has dismissed an application by Ugandan businessman Patrick Bitature and Simba properties Co. Ltd, Simba telecom, Linda properties and Elgon Terrace seeking a temporary injunction against Vantage …
Read More »Museveni’s Umeme mistake
Why the refusal to renew their concession is not a big loss to Ugandan workers and investors and a boom to foreigners THE LAST WORD | ANDREW M. MWENDA | For some strange reason(s), President Yoweri Museveni has a very hostile attitude towards Umeme, Uganda’s main electricity distributor. Sources …
Read More »Confident Muwema speaks out on Bitature-Vantage saga
NEWS ANALYSIS | THE INDEPENDENT | Fred Muwema, the lawyer for businessman Patrick Bitature says the lenders purportedly seeking to reclaim money lent to the Ugandan, have no claim because they don’t exist. Speaking to Uganda Radio Network in an exclusive interview, Muwema acknowledged that indeed Bitature contracted a loan …
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