The Independent Uganda: You get the Truth we Pay the Price
CIC Africa Limited is seeking to raise Sh7.2billion to recapitalise the company’s subsidiaries and fund its expansion. The company plans to raise the funds through sale of 49 % stake to Uganda based co-operatives unions and savings and credit cooperative Societies. Launching the offer on Oct 17, the firm’s chairperson …
Read More »Vivo Energy unveils all service centres
Vivo Energy has entered into a partnership with several service providers including restaurants and banks to allow motorists have access to banking services, mobile money services, super markets and food courts. Vivo Energy group CEO Christian Chammas says Vivo Energy is making a deliberate effort to listen to its customers …
Read More »Ugandans mourn veteran TV journalist, former USPA head Luwandagga
Ugandans mourned the sudden death Saturday of veteran TV journalist Andrew Patrick Luwandagga, praising him for his pioneering work in the sports field. Details of the cause of his death are still scanty, with initial reports saying he had collapsed and was confirmed dead at about 4.00am at his Namasuba home. …
Read More »Onyango stands in Zamalek’s way in Champions League final
Johannesburg, South Africa | AFP | Zamalek of Egypt can draw comfort from the past as they seek to overturn a 3-0 deficit on Sunday in the second leg of the CAF Champions League final against Mamelodi Sundowns. Canon Yaounde (Cameroon), Mouloudia Alger (Algeria) and Asante Kotoko (Ghana) faced similar …
Read More »In The Independent: Oil refinery trouble, Museveni in tight corner
COVER STORY: President Yoweri Museveni and his technocrats are struggling to find a serious investor for the refinery project that only two years ago, major Russian, Chinese and South Korean banks and companies worth billions of dollars were fearlessly fighting for. THE LAST WORD: Andrew Mwenda wades into the war …
Read More »Son to slain Muslim cleric tells court father mentioned Sheikh Kamoga
A son to one of the slain Sheikhs Mustafa Bahiga has narrated to court how assailants attacked and shot at his father in the car at Bwebajja Mosque. This 18-year-old boy is a student at Mbogo College in Kawempe Division and the 6th prosecution witness in the murder trial of 14 people accused …
Read More »VIDEO: NBS TV gets media council certification
VIDEO: After conforming to the regulations and standards of the Uganda Media Council, NBS television has been certified as an authentic media house and a number of staff accredited fully to practice journalism in Uganda, as required by the Press and Journalists’ Act of 1995. The Media Council will renew this …
Read More »High Court grants Kabaziguruka bail
Kampala High Court Judge Yasin Nyanzi has granted bail to Nakawa Municipality MP Michael Kabaziguruka who faces treachery charges before the General Court Martial. Justice Nyanzi ordered Kabaziguruka to pay sh5 million in cash on top of signing a court bond of sh10m before he regained his freedom. The judge …
Read More »Bank of Uganda takes over management of Crane Bank
The Bank of Uganda has with effect from today taken over management of Crane Bank Limited. According to a statement, the action has been taken upon the determination by the Bank of Uganda that Crane Bank Limited is significantly under-capitalised. BOU has appointed a statutory manager, Edward Katimbo Mugwanya, to …
Read More »Uganda draws Ghana, Egypt again in AFCON finals
AFCON2017 DRAW Group A – Gabon, Guinea Bissau, Cameroon, Burkina Faso Group B -Algeria, Zimbabwe, Senegal, Tunisia Group C – Ivory Coast, Togo, Morocco, DRC Group D – Ghana, Uganda, Egypt, Mali January 17 – Uganda vs Ghana January 21– Uganda vs Egypt January 25 – Uganda vs Mali Uganda Cranes will come up …
Read More »