Kampala, Uganda | THE INDEPENDENT | The Katikkiro of Buganda Kingdom, Charles Peter Mayiga has condemned voters pestering aspirants for money ahead of the 2021 general elections. Currently, aspirants for various political seats are holding town hall meetings to convince voters in the ongoing party primary polls. However, in the meetings, …
Read More »Banks approve bigger chunk of loans to manufacturing sector in May
Kampala, Uganda | THE INDEPENDENT | Commercial banks approved more money in May compared to April with manufacturers receiving the biggest chunk of the loans than any other the sector, the Ministry of Finance has said in the performance of the economy report for June 2020. According to the report, …
Read More »COVID-19: Wash hands after counting money
Kampala, Uganda | THE INDEPENDENT | There is need to exercise high levels of hygiene especially when dealing with currencies, Dr. Yonas Tegegn Woldemariam, the WHO country director has advised. He explains that touching money is one of the fastest ways through, which the Corona virus can be spread since …
Read More »Traded goods worth UGX 2.5 trillion undetected annually – Report
Kampala, Uganda | THE INDEPENDENT | Deliberate falsification of invoices and manipulation of customs rules by organizations and individual traders is costing Uganda trillions of shillings in revenue, a new study has shown. A study by the Washington-based organisation Global Financial Integrity (GFI) released today March 3, 2020 examined Uganda’s trade …
Read More »Farmers pay for harvesting crops on disputed Uganda-South Sudan border
Kampala, Uganda | THE INDEPENDENT | South Sudan officials continue to extort money from Ugandan farmers harvesting their crops from a contested land in lokung sub-county, Lamwo district bordering South Sudan. This comes just a month after security personnel from the two countries held meetings to iron out the practices …
Read More »Archbishop urges political aspirants to ‘Keep money out of electoral processes’
Kampala, Uganda | THE INDEPENDENT | Ugandans with political ambitions have been urged to keep money out of politics as Uganda prepares for the next general election to be held in 2021. The Archbishop of the Church of Uganda, The Most Reverend Stanley Ntagali made the call in a New Year’s …
Read More »EU governments, Uganda’s Kasaija warn about crypto-currencies
Kampala, Uganda | THE INDEPENDENT & AFP | A day after Uganda’s Finance Minister Matia Kasaija warned about the use of crypto-currencies, European governments are asking questions about Libra, forcing Facebook’s partners to reconsider. Mastercard, Visa and other financial partners being enlisted to oversee Facebook-backed cryptocurrency Libra are having second thoughts …
Read More »Several youths conned in Hoima LDU recruitment
Hoima, Uganda | THE INDEPENDENT | A number of unsuspecting youths from Hoima, Buliisa and Kikuube districts intending to be recruited to serve in the Local Defense Units-LDUs have lost unspecified sums of money to conmen. The youths pitched camp on Friday Morning at Hoima Boma grounds awaiting screening by the …
Read More »Mbarara police arrest State House impostor
Kampala, Uganda | THE INDEPENDENT | A suspected state house imposter is in custody at Mbarara Central Police Station. Deo Muhanguzi was picked up on Monday on the orders of Emmy Kateera Turyabagyenyi, the Mbarara Deputy Resident District Commissioner. According to Kateera, the suspect has been masquerading as a state …
Read More »Minister cautions against extorting money from cholera patients
Kampala, Uganda | THE INDEPENDENT | Health workers at Naguru Hospital have been warned against extorting money from Cholera patients. On Tuesday, two Cholera patients fled the hospital after they were allegedly told to pay 20,000 shillings before they are treated. The State Minister for Primary Health Care Dr Joyce Moriku …
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