Kampala, Uganda | THE INDEPENDENT | Uganda Communications Commission (UCC) came under fire for issuing a directive to media houses to suspend their employees over a breach of “minimum broadcasting standards.” The stations are; NTV, NBS TV, BBS TV, Bukedde TV, Kingdom TV and Salt TV. Others are; Akaboozi FM, …
Read More »Ministry of Finance optimistic, still pursuing SGR funding
Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic development says that it still hopes to get funding from China’s Exim bank for the construction of the Standard Gauge Railway. The Uganda Standard Gauge Railway is a USD 2.269 Bn planned railway system linking the country to the …
Read More »IMF: Uganda must create 600,000 jobs annually to stay on track
Kampala, Uganda | THE INDEPENDENT | The International Monetary Fund has hailed Uganda for achieving the Millennium Development Goal on halving poverty ahead of schedule but warned that the country must create over 600,000 jobs per year to keep up with its growing population. In its latest report after recent consultations …
Read More »Rwanda-Uganda feud: Ugandan traders turn to other markets
The impasse lies in the hands of two leaders –President Museveni and Paul Kagame. Kampala, Uganda | JULIUS BUSINGE | Ugandan traders are slowly turning to other markets in the region to sell their goods as the border standoff between Kigali and Kampala continues into the third month with …
Read More »CIC Insurance sees better times ahead
Insurer’s losses more than triple to Shs 6.39bn in 2018 Kampala, Uganda | ISAAC KHISA | Cooperative Insurance Company Africa Uganda Ltd, commonly known as CIC insurance, recorded a sharp drop in profits last year but management assures its shareholders that everything is in control. The company’s financial results for …
Read More »Taxes ‘eat’ into Barclays Bank profits
5% drop to Shs68bn in net profit Kampala, Uganda | JULIUS BUSINGE | Huge taxes paid to Uganda Revenue Authority (URA) has seen Barclays Bank Uganda Limited record a 5% drop in net profit to Shs68bn for the year ended December 2018. Barclays bank financial results released on April 25 …
Read More »Why solar street lights make sense
They reduce its upfront costs by 25%, electricity costs by 40%, and maintenance costs by 60% | ANDREW SUDMANT AND ANDY GOULDSON | Street-lighting is important. It allows informal vendors and traders to operate for longer hours and improves road and public safety. It also makes streets feel safer and …
Read More »Total E&P-led oil project approved
Environmental activists raise concerns on NEMA’s role Kampala, Uganda | RONALD MUSOKE | Total E&P has secured the green light for its major oil project also known as Tilenga to proceed after 10 months of evaluations by Uganda’s environmental body. Total E&P said the approval by the National Environment Management …
Read More »Behind teargas for Besigye, house arrest for Bobi Wine
Should opposition trust NRM promise to allow opposition meetings? Kampala, Uganda | IAN KATUSIIME | A meeting between leaders of government and political parties on April 25 to discuss how the Uganda Police is implementing the Public Order Management Act (POMA) went badly for the Leader of Opposition in Parliament …
Read More »The road to serfdom
How Ugandans have cultivated a mindset that is making them servants of foreigners in their own country THE LAST WORD | ANDREW M. MWENDA | My friend Henry Mayanja left Uganda as a teenager and lived in the UK for 20 years. He worked for the UK government earning a …
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