Kampala, Uganda | THE INDEPENDENT | Uganda’s Electoral Commission has verified and cleared the supporters of President Yoweri Kaguta Museveni and three other aspiring candidates for the 2021 Presidential Elections. Section 10(b) of the Presidential Elections Act provides that a presidential candidate’s nomination shall be supported by not less …
Read More »How Uganda lost out in lucrative Tullow oil deal
NEWS ANALYSIS | THE INDEPENDENT | Uganda is expected to get USD 14.6 million (about sh55 billion) as capital gains tax on the sale of oil and gas interests in Uganda by Tullow Oil to French multinational oil and gas company TOTAL SE. The long-drawn-out process of Tullow Oil exiting Uganda …
Read More »How ISO boss sack helps Museveni, Kagame
It restores the Rwandan Bloc vote for Museveni in 2021 and smoothens CHOGM2021 preparations for Kagame COMMENT | SIMON KIMOYI | It is not far-fetched for Kigali to postulate that promoters of the Uganda-Rwanda conflict are top officers in the Ugandan security system, seeking to cause regime change in Kigali. …
Read More »URA okays $575 million Total-Tullow oil deal
Kampala, Uganda | THE INDEPENDENT | French oil major Total, the Ugandan government and Tullow have resolved tax disagreements that have delayed the sale of a $575 million stake that is key to ensuring Uganda produces first oil in three years’ time. “Government of Uganda and the Ugandan Revenue Authority have executed a …
Read More »PostBank embarks on digital transformation journey
But the lender faces an uphill task of looping its customers onto it Kampala, Uganda | JULIUS BUSINGE | Tier II lender, PostBank Uganda, is embarking on a digital transformation journey aimed at decongesting customers in the banking halls, cutting down operational costs and driving profits upwards. This follows the …
Read More »URA’s Shs1tn first quarter surplus
Economic experts warn that it is too early to celebrate the performance Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has recorded a surplus in revenue collection for the first quarter of the Financial Year 2020/21 amidst the coronavirus pandemic but economic experts warn it is too early to …
Read More »Ham vs DTB court ruling
Experts warn of dire consequences for the private sector, government in relation to access to capital Kampala, Uganda | RONALD MUSOKE | Capital inflow in form of loans is big business in Uganda. In both the private and public sectors, loans secured from foreign investors boost service delivery, improve people’s …
Read More »Coronavirus hits farmers
Survey shows Uganda faces worst food risk in Africa Kampala, Uganda | RONALD MUSOKE | Ugandan farmers are among the worst hit by the coronavirus pandemic and lockdown measures in Africa according to research released on Oct.16 by Voluntary Service Overseas (VSO), an independent international development organisation that works to …
Read More »Party’s want more money from govt
NRM set to take Shs12 bn of released Shs15 bn Kampala, Uganda | MUBATSI ASINJA HABATI | After two years of waiting the Government of Uganda has finally released Shs15 billion to the Electoral Commission for funding political parties. The money goes political parties with representation in parliament parties. They …
Read More »Uganda democracy in decline
New report shows why changing leaders doesn’t change politics in Africa Kampala, Uganda | THE INDEPENDENT | Leadership change results in an initial wave of optimism. But ongoing political challenges and constraints mean that it is often a case of “the more things change the more they stay the same. …
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