Fossil fuel lobby want bank to serve as catalyst for Africa-directed investments Kampala, Uganda | RONALD MUSOKE | On May 16, the African Export-Import Bank (Afreximbank) signed a memorandum of understanding with the African Petroleum Producers Organization (APPO) in a move that seeks to create a multi-billion dollar energy bank …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni’s Sunday evening address to the nation was largely aimed at responding to the escalating prices of essential commodities, or at least that is what most Ugandans expected. His explanations of the situation drew criticism, as many Ugandans thought he was blaming the …
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Kampala, Uganda | THE INDEPENDENT | The government has not forgotten the salary enhancement for arts, social sciences, or teachers of humanities, President Yoweri Kaguta Museveni has said. He disclosed this in his remarks during the commencement of the 72nd graduation ceremony at Makerere University this morning. According to President Museveni, …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni absolutely said nothing during his televised address on the economic situation in the country according to his longtime rival, Rtd Col. Dr. Kizza Besigye, the former Forum for Democratic Change-FDC party president. This comes just hours after the president Museveni addressed …
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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 …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said Uganda cannot take the risk of cutting subsidies and removing taxes from imported products. “That would be definite suicide. It will deplete both family savings and National Reserves, leading to the inability to pay for imports,” he said in …
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Entebbe, Uganda | THE INDEPENDENT | President Yoweri Museveni has met Russia’s Orthodox Church New Africa Exarchate Metropolitan Leonid Gorbachev of Klin who is in Africa on his maiden visit. In a press statement issued by the Presidential Press Unit, Museveni promised to support the church in preaching the word of God. “I follow Christ, so …
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Entebbe, Uganda | THE INDEPENDENT | President Yoweri Museveni has pledged to provide land in Mbarara to prospective Indian Investors who are proposing to set up a factory that uses banana stems to produce liquid fertilizer, thread, cloth, and biogas. The President made the commitment on Friday while meeting the …
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Kampala, Uganda | THE INDEPENDENT | Parliamentarians have warned President Yoweri Museveni against entertaining any thoughts of a U-turn against the resolution of the House that endorsed the termination of the agreement between the Government and Uganda Vinci Coffee Company Limited – UVCCL. The Committee led by Mwine Mpaka Rwamirama, also …
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Entebbe, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has reiterated the need for Busoga University to teach marine engineering and related courses. He made the statement after commissioning 12 marine ambulances at the Uganda People’s Defence Forces-UPDF marine base in Entebbe. The event took place on Friday, May …
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The Independent Uganda: You get the Truth we Pay the Price