New study shows the industry is expected to register growth in the next five years Kampala, Uganda | JULIUS BUSINGE | Buyers of cement have a reason to smile as cement prices fall citing oversupply. A 50kg bag of cement is now trading at Shs 28,000 compared with Shs 38,000 …
Read More »China’s ‘Plan B’ for African debt
Analysts fear move will accumulate more debt for African countries Kampala, Uganda | RONALD MUSOKE | Africa could further sink into more debt if China goes ahead with plans to sell the continent’s debt to investors, starting next year, observers fear. Hong Kong Mortgage Corporation (HKMC), a leading Chinese banking conglomerate, …
Read More »MUSEVENI: Greed greatest danger to environment
Nairobi, Kenya | THE INDEPENDENT | President Yoweri Museveni has confirmed Uganda’s commitment to conserving her water resources at the Sustainable Blue Economy Conference in Nairobi on Monday. In his address, he outlined measures Uganda is taking to sustain the continent’s oceans, seas, lakes and rivers. Half a dozen heads …
Read More »Behind ADF attacks
UPDF on high alert, deploys at the border Kampala, Uganda | THE INDEPENDENT | A spate of attacks by the Allied Democratic Forces (ADF)has sparked fears the rebel group could soon attack Uganda after many years of operating in eastern DR Congo. Founded in Uganda by a group of Islamic …
Read More »Over 60 feared dead in Lake Victoria boat disaster
22 dead, scores feared drowned after Uganda boat sinks Mutima, Uganda | AFP | Twenty-two people have died and more than 60 are feared drowned after a pleasure boat sank on Lake Victoria, Ugandan police said Sunday. The vessel MV Templar carrying close to a hundred revellers sank during bad …
Read More »BREAKING: Ten dead in Lake Victoria boat cruise accident
Kampala, Uganda | THE INDEPENDENT & AFP | Uganda Police has confirmed that at least 10 people drowned when a boat cruise capsized on Lake Victoria. They have rescued over 40, but reports indicate over 100 were on the boat ride from KK Beach in Mukono to nearby Mutima Island. …
Read More »MUSEVENI: Plug gaps in tax collection
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has urged the Uganda Revenue Authority (URA) to fill up existing tax gaps so that the country can gain financial independence and stop borrowing money to finance its budget. The President made the remarks at the ongoing first Science Model Workshop …
Read More »Mulago’s referral system failure
New specialised women’s hospital sinks back to the old ways Kampala, Uganda | FLAVIA NASSAKA | On Oct.16, a week after President Yoweri Museveni officially opened the new Mulago Specialised Maternal and Neonatal Hospital in Kampala on Oct.09, The Independent visited the facility. The expectation was to see an efficiently run …
Read More »Museveni should do more for peace in South Sudan
After September peace deal, new report reveals likely hotspots for war Kampala, Uganda | RONALD MUSOKE | On Oct.31, happiness and joy filled the South Sudanese capital, Juba, when several high profile leaders in eastern Africa joined President Salva Kiir and his former deputy, Dr. Riek Machar, to celebrate the “return …
Read More »Fixing Bank of Uganda
Museveni meets Mutebile Behind the scenes efforts to save Kasekende, Mutebile Kampala, Uganda | HAGGAI MATSIKO | What would you say if you saw President Yoweri Museveni and embattled Bank of Uganda Governor Tumusiime Mutebile in a meeting at this time? What if that meeting, which in fact happened last week, …
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