By Julius Businge Msgr Lawrence Kanyike formerly leaves his position as Chaplain of St. Augustine’s Chapel, Makerere University in February after serving for the last 30 years. He spoke to The Independent’s Julius Businge about his experience and future plans. What informed the decision for you to leave Makerere where …
Read More »Speaker Kadaga launches WWF’s environment campaign
By Julius Businge The speaker of Parliament of Uganda Rebecca Kadaga has officially launched the World Wide Fund’s ‘Earth Hour 2014’ environmental campaign which will see the international institution plant one million trees across the country this year. The Fund’s campaign aims at fighting the adverse effects emanating from environmental …
Read More »Bank of Uganda stays January key lending rate at 11.5%
By Julius Businge The Governor of the Central Bank of Uganda, Prof. Emmanuel Tumusiime Mutebile has today (Jan. 3) announced that they will maintain the policy lending rate-the Central Bank Rate (CBR) at 11.5%, the same as that of December last year after inflationary pressures continued to abate in December, …
Read More »Activist Andrew Karamagi says corruption is the life-blood of Museveni’s regime
By Julius Businge The lawyer, anti-corruption activist and worker at the Human Rights and Peace Centre at the School of Law, Makerere University spoke to The Independent’s Julius Businge. What was special about this year’s anti-corruption convention? The Anti-Corruption Convention this year took a more inclusive and participatory posture; we …
Read More »BoU marginally reduces key lending rate to 11.5%
By Julius Businge Bank of Uganda today (Dec. 3) announced a marginal fall in the central bank rate (CBR) by 50 basis points from 12% in November, 2013 to 11.5% in December. While announcing the new rate before the media, Central Bank Deputy Governor, Louis Kasekende said the reduction was …
Read More »EAC Central Banks unveil Cross-border Payment System
By Julius Businge Bank of Uganda has officially announced the commencement of the East African Cross Border Payment System (EAPS) that links the real time gross settlement systems (RTGS) of the EAC member countries. Joyce Okello, the director payments and settlement at the Bank said the platform went live on …
Read More »Act on health, education challenges – World Bank
By Julius Businge A new survey released by the World Bank and other partners- Uganda Service Delivery Indicators (SDI) indicates that Uganda is still failing to achieve optimal performance in schools and health centres. The Independent’s Julius Businge interviewed Ritva Reinikka, the World Bank’s director for Human Resource Development for …
Read More »Umeme announces interim dividend
By Julius Businge Power distributor, Umeme Uganda Limited, in line with its dividend policy has announced an interim dividend of Shs 8 per share approved at its meeting held on Nov. 14, it said in a note released on Nov. 18. The Board of Directors of the Company resolved to …
Read More »HIV test necessity
By Julius Businge Five reasons why taking that HIV test is long overdue On Nov. 8, President Yoweri Museveni took an HIV test at Kiswa Health Center IV in Bugolobi before the glare of cameras in gesture he believes would re-energize the fight against the disease by curbing new infections. …
Read More »NSSF to spend US$400 million on Lubowa project
By Julius Businge The National Social Security Fund (NSSF) has today (Nov. 13) unveiled a master plan for the construction of 2, 741 housing units in Lubowa estate, which it acquired 10 years ago. When development starts, later in 2014, it will be the first investment on the estate that …
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