The lender has expressed interest in financing additional projects, including the SGR and the UMEME buyout, totaling USD 4 billion Kampala, Uganda | JULIUS BUSINGE | On July 25, President Yoweri Museveni met with a team from Standard Chartered Bank’s Export Finance division at State House, Entebbe, to explore potential funding …
Read More »Karamoja leaders upset by Museveni’s remarks on free land for investor
Moroto, Uganda | THE INDEPENDENT | A section of local leaders in the Karamoja sub-region are disappointed with the speech President Yoweri Kaguta Museveni delivered in Kampala to honor the late Simon Peter Aleper, former Member of Parliament for Moroto municipality . The President was unhappy with Albert Lokoru, a …
Read More »Museveni’s forever wars on corruption
Why our president is caught in contradictions that he can neither grasp nor overcome THE LAST WORD | Andrew M. Mwenda | So, President Yoweri Museveni declared a “tough war” on corruption; promising to apprehend all thieves and send them to jail. Then young people decided to march onto parliament, the seat of …
Read More »Museveni tasks army to probe into Buddo shooting
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has reportedly tasked the army spy and investigations agency to investigate the Tuesday gold shooting incident at Buddo junction which left two people dead. Museveni, according to sources has directed Defence and Intelligence Security (DIS) formerly Chief of Military Intelligence (CMI) to …
Read More »Muhoozi hails new Brigadier Generals for contribution to nation’s defence
Kampala, Uganda | THE INDEPENDENT | The Chief of Defence Forces Gen Muhoozi Kainerugaba has said the new Brigadier Generals have set the bar high for their juniors. Muhoozi who was the chief decorator at the promotion event at Mbuya said promotion is a sign of recognition for a job well …
Read More »MUSEVENI: Demonstraters were planning ‘very bad things against Uganda’
Museveni Says Evidence Against Those Arrested Demonstrating Will Shock The Nation Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has said he has evidence that will shock the nation against those who were arrested on Tuesday participating in the demonstrations and march to parliament. More than 50 people were …
Read More »Museveni returns two bills for reconsideration
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has returned the National Commission for UNESCO (Amendment) Bill, 2024 and the Higher Education Students Financing (Amendment) Bill, 2024 to Parliament for reconsideration. In a letter read by the Deputy Speaker, Thomas Tayebwa, at the sitting of the House on Tuesday, …
Read More »Parliament to receive anti-corruption petition amid planned protest
KAMPALA, Uganda | Xinhua | The Ugandan parliament said it is ready to receive a petition from activists who plan to march to the parliament on Tuesday in an anti-corruption protest. In a statement issued here on Monday, the parliament said it has learned that there is a group of …
Read More »MUSEVENI: Riots, illegal demonstrations will not be allowed
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni Saturday night concluded his national address on wealth creation and the environment, by sending a veiled warning to youth who plan to march to parliament July 23, to protest against corruption. “While we the wealth creators are busy creating wealth for …
Read More »Museveni directs Finance Minister, AG on Micro-Finance regulation
Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has thrown his weight behind medium and small financial sector players demanding a one stop regulation centre, saying that multiple centres lead to confusion in which gullible Ugandans may be abused and exploited. The President whose message was delivered by the …
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