From Uganda’s celebrated bankers to 2018 bummers Kampala, Uganda | HAGGAI MATSIKO | In 1991, some of the most powerful people in business and public office In Uganda from western Uganda jointly opened a bank. They called it the Kigezi Bank of Commerce with a commence capitalization of US$20 million. They …
Read More »Brig. Gen. Kabango takes charge of UPDF in Somalia
Mogadishu, Somalia | THE INDEPENDENT | A new contingent commander of the Ugandan troops deployed in Somalia, under the AU peacekeeping mission, has formally taken up office. Brig. Gen. Michael Kabango succeeds Brig. Gen. Paul Lokech, who has completed his one-year tour of duty. This was Brig. Lokech’s second …
Read More »Uganda ‘First Oil’ date moves to 2022 – Minister Muloni
Kampala, Uganda | THE INDEPENDENT | There is a new date for Uganda’s ‘First Oil’, which has now moved to 2022 from 2020, according to Energy Minister Irene Muloni. Addressing journalists in Kampala, Muloni said the delay is because the joint venture partners Total, China National Offshore Oil Company (CNOOC) and …
Read More »The Sh295 billion Kampala Flyover Project
▶Kampala Flyover Phase 1 ✅ Junction upgrading at Shoprite & Clock Tower ✅ Road upgrading at Queensway, Entebbe, Nsambya, Mukwano & Ggaba roads ✅ Pedestrian bridges at Clock Tower, Shoprite & Kibuli ✅ Underpass at Nsambya Kampala, Uganda | THE INDEPENDENT | The traffic congestion that is expected as the …
Read More »Eng Andrew Kitaka Mubiru takes charge of KCCA
Kampala, Uganda | THE INDEPENDENT | Eng Andrew Kitaka Mubiru, the Director of Engineering and Technical Services at Kampala Capital Authority (KCCA), has been appointed acting Executive Director of Kampala. His appointment follows the resignation of Jennifer Musisi Semakula, after seven year at the helm of the city. According to …
Read More »Museveni’s plan for BoU after COSASE
President will shake up central bank, insiders say Kampala, Uganda | HAGGAI MATSIKO | When the committee investigating the central bank over closed banks starts querying the process surrounding the sale of Crane Bank, one particular question will arise again: How did you zero on dfcu Bank as the …
Read More »Lt. Col. Edith Nakalema
What can Museveni’s new anti-corruption tsar do where others have failed? Kampala, Uganda | FLAVIA NASSAKA | President Yoweri Museveni has unveiled Lt. Col. Edith Nakalema to the public as the newest anti-corruption tsar in State House. Nakalema, a trusted Museveni aide, was named to the task soon after she returned …
Read More »Kutesa, Museveni America bribe case
How the fight against corruption was lost Kampala, Uganda | THE INDEPENDENT REPORTERS | When on Dec.05, an American court convicted Patrick Ho Chi Ping on charges of bribing foreign leaders in Chad and Uganda in a bid to corruptly secure unfair business advantages for his multi-billion-dollar Chinese energy company, news …
Read More »Museveni slams ‘petty’ opposition parties
Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has slammed opposition parties for focusing on petty issues rather than critical issues such as prosperity of Ugandans and strategic security and future of Africa. He said this on Wednesday as the Inter Party Organisation for Dialogue (IPOD) summit opened …
Read More »IPOD: Party Leaders, Secretary Generals to drive Agenda
Kampala, Uganda | THE INDEPENDENT | Brief statements from Uganda’s political party leaders and Secretary Generals will dominate the much anticipated Inter Party Organisation for Dialogue (IPOD) summit due to take place on Wednesday at Speke Resort Hotel, Munyonyo. The summit will be attended by the National Chairman of the ruling …
Read More »