Kampala, Uganda | THE INDEPENDENT | The FY2023/24 budget presents both challenges and opportunities but through open and constructive engagements, Ugandans can navigate through these times effectively, according to Mumba Kalifungwa, the Managing Directro for Absa Bank Uganda. Kalifungwa was speaking at a budget breakfast meeting held in Kampala on …
Read More »UGANDA BUDGET: President takes over final approval of loans to limit debt
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni says he is opposed to the number of loans being acquired from domestic and external lenders. Speaking at the conclusion of the budget speech for 2023/2024, President Museveni blamed the appetite for borrowing on indiscipline in government spending. He said some …
Read More »Kasaija to limit domestic borrowing as Uganda’s public debt soars
Kampala, Uganda | THE INDEPENDENT | Uganda’s public debt to GDP will reduce by the end of this financial year as the government tries to ensure economic stability and future growth. According to Finance Minister, Matia Kasaija, Uganda’s public debt stood at 80.2 trillion shillings or over twenty-one billion dollars …
Read More »Subaru driver who attempted to knock Traffic Police Officer remanded
Kampala, Uganda | THE INDEPENDENT | The Buganda Road Chief Magistrates Court has remanded Isaac Mukwaya to Luzira prison on charges of careless driving. Mukwaya, a psychologist and resident of Mutungo in Nakawa Division was on Thursday arraigned before the Court presided over by the Chief Magistrate Ronald Kayizzi and …
Read More »Govt delay on free sunscreen promise irks Albinism Association
Kampala, Uganda | THE INDEPENDENT | The association of persons living with Albinism is considering local manufacturing of anti-sun creams following the government’s delay to respond to their appeal for free supplies. Olive Namutebi, the Executive Director of the Uganda Albinism Umbrella, says their protracted appeal to the government to …
Read More »Uganda Airlines set for first pilgrimage flight to Mecca in 40 years
Entebbe, Uganda | THE INDEPENDENT | The new Uganda Airlines will make its inaugural flight for the annual Muslim pilgrimage to Mecca, the holiest Muslim city in Saudi Arabia. In a statement issued on Thursday, Uganda Airlines describes the flight as a significant milestone for the national carrier after 40 years …
Read More »LIVE: Matia Kasaija delivers Budget speech
Kampala, Uganda | THE INDEPENDENT | Finance Minister Kasaija is delivering the budget speech for FY 2023/24 at a Parliament Session at Kololo. President Yoweri Museveni is following the proceedings on TV and is expected to address the session virtually. Kasaija said the economy this year is projected to have grown …
Read More »Insurance puts COVID-19 effects behind it, booms 3rd straight year
Kampala, Uganda | THE INDEPENDENT | The insurance industry has declared the direct effects of the COVID-19 pandemic on the business behind them, following sustained growth in premiums raises and claims paid. According to the figures, the industry remained on a positive growth path in 2022, with Gross Written Premium …
Read More »MOH directs recruitment of physical fitness instructors in schools
Kampala, Uganda | THE INDEPENDENT | The Ministry of Health is advocating for the recruitment of Physical Fitness Instructors in all educational institutions across the country. The move is aimed at promoting the overall health and well-being of all Ugandans. According to experts from the Ministry of Health, non-communicable diseases …
Read More »Experts call for stringent regulation of dangerous pesticides
Kampala, Uganda | THE INDEPENDENT | Agricultural experts have tasked the government to employ stringent measures to regulate the importation, supply, and use of dangerous pesticides for agricultural productivity citing its dangers to food safety. The concerns come amidst reports of high levels of pesticide residues being detected in fresh vegetables …
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