Masindi, Uganda | THE INDEPENDENT | Absa Bank Uganda has committed to donate IT equipment worth sh131 million to the Uganda Police Training School at Kabalye, Masindi. The donation will include 10 laptops, 60 desktops, a projector and internet connection for the school’s resource center The announcement was made by …
Read More »Reducing road carnage
Consider yourself as only sensible person on the road, says Gen. Katumba Kampala, Uganda | MUBATSI ASINJA HABATI | On May 4, a Kampala-bound bus operated by Link Bus Services crashed and overturned several times killing 20 people on spot; including its driver leaving many others injured just a …
Read More »Corporate transparency
Experts release a guide for beneficial laws in Uganda Kampala, Uganda | THE INDEPENDENT | Corporate opacity presents a key vulnerability in the Ugandan economy, contributing to the Shs2 trillion (US$550 million) in illicit financial flows (IFFs) lost each year, according to a joint report released by Global Financial Integrity …
Read More »Museveni’s Umeme mistake
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 …
Read More »MUSEVENI: No subsidies, no tax cuts
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 …
Read More »Why MPs are targeting Musenero but are soft on Namuganza
NEWS ANALYSIS | BAKER BATTE – URN | This week, a parliamentary select committee set up by Speaker Anita Annet Among to investigate the Naguru-Nakawa land misallocation saga recommended that President Yoweri Museveni force his Housing Minister Persis Namuganza to step aside to allow for her investigation in the dubious …
Read More »Vipers SC crowned Uganda Premier League Champs
Kitende, Uganda | THE INDEPENDENT | Vipers Sports Club have this evening been crowned champions of 2021/2022 Star Times Uganda Premier League. The Venoms completed the season in style with a 5-0 whitewash of already relegated Police FC in their last match played at St. Mary’s stadium in Kitende. …
Read More »With budget done, Speaker Among prorogues parliament after 100 sittings
Kampala, Uganda | THE INDEPENDENT | Speaker Anita Among Annet on Friday afternoon prorogued Parliament after discussions on the Annual Budget Estimates for FY 2022/23, marking the end of the First Session of the 11th House with effect from May 20th 2022. Parliament will reconvene next month when President Yoweri …
Read More »Health, education take largest share in Sh48 trillion approved Uganda budget
NEWS ANALYSIS | THE INDEPENDENT | Uganda’s Sh48.13 trillion National Budget has been approved by Parliament today. The approved budget has increased by sh5 trillion from the current financial year budget. Over half of this money is expected to come from domestic revenue collection with Government targeting a collection of …
Read More »Chinese business community seek clarity on Uganda tax exemptions
Kampala, Uganda | THE INDEPENDENT | Chinese doing business in Uganda have today engaged the Uganda Revenue Authority (URA) seeking clarification on several tax administration concerns, most notably how to get tax exemptions. In the meeting with URA officials, the business community under the Chinese Chamber of Commerce, Uganda SINOCHAM …
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