Experts say land issue might end badly, if not handled well Kampala, Uganda | RONALD MUSOKE | Since President Yoweri Museveni’s ‘attack’ on Mailo land ownership — one of the four land tenure systems under which Ugandans can own land—public debate has reached a crescendo with Kabaka Ronald Muwenda Mutebi …
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Can Mutebile’s latest announcement and government spending plan save the economy hurt by coronavirus lockdowns? | JULIUS BUSINGE | On June 16, Bank of Uganda Governor, Emmanuel T. Mutebile made a big announcement that many pundits believed would boost economic recovery. For the first time in many months, Mutebile cut …
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Kampala, Uganda | THE INDEPENDENT | The authenticity of agreements transferring assets of the 1964 Cooperative Bank to that incorporated in 1997 under the Company’s Act has been questioned. For the past few weeks, the commissions committee of parliament has been probing how the Cooperative Bank in 1997 was …
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Cash handouts, secret age-limit talks and more Kampala, Uganda | RONALD MUSOKE | President Yoweri Museveni’s countrywide tour that he says is aimed at defusing what he called “toxic” information about the Land Amendment Bill before Parliament has run into trouble with experts and opposition politicians. Edmond Owor, the …
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Banks setting up company to wipe bad loans off their balance sheets After years of struggling to cope with borrowers failure to pay loans, Ugandan commercial banks have come together to form a joint company to deal with the problem on their behalf. Formation of the company currently called the …
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The Independent Uganda: You get the Truth we Pay the Price