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Tag Archives: Uganda

Uganda to receive UGX 3.5 Trillion loan from IMF

Uganda will receive the loan in three installments of about 330 million dollars per financial year Kampala, Uganda | THE INDEPENDENT | The International Monetary Fund (IMF) has lent Uganda One Billion US Dollars. IMF in a statement issued on Tuesday said the agreement was reached in a virtual IMF visit …

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Airtel Uganda set to invest in treasury bills, bonds

Telecom firm, Airtel Uganda, could soon start investing customers’ savings in the government’s treasury bills and bonds upon receiving a license from Bank of Uganda in fulfillment of the National Payment Systems (NPS) Act, 2020. Kampala, Uganda | ISAAC KHISA | Manoj Murali, the Airtel Uganda managing director, said the …

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Army says puzzled by missing Gen Katumba Wamala bodyguards

Kampala, Uganda | THE INDEPENDENT | The Uganda People’s Defense Forces (UPDF) is puzzled over the whereabouts of the body guards of General Katumba Wamala, the former army commander and Works and Transport Minister, who was shot at this morning. Unidentified gunmen riding on motorcycles intercepted Katumba Wamala’s vehicle registration …

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‘Eyewitness shot while recording Gen Katumba attack’

Kampala, Uganda | THE INDEPENDENT | Fresh details emerging from the scene where assassins sprayed the vehicle of General Katumba Wamala with bullets this morning show that the gunmen also shot an unidentified person in a nearby storied building. Isaac Kawonawo, the Wakiso Deputy Resident District Commissioner in Charge of …

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Fred Kajoba throws in the towel at Vipers

Kampala, Uganda | THE INDEPENDENT | Fred Kajoba has resigned from his position as head coach of Vipers SC after serving for a year at the helm of Uganda Premier League Champions. Kajoba told URN that he decided to step down following misunderstandings between him and the club’s technical director, …

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