The new tax move will stifle economic recovery, kill innovation Kampala, Uganda | JULIUS BUSINGE | Uganda’s government is left with just a month to announce the new budget for the Financial Year 2018/19. But it appears there is bad news as government plans to increase taxes on products and …
Read More »Museveni wants seven year term
MUSEVENI 7-YEAR-TERM: Details of how his team plans to get it Kampala, Uganda | HAGGAI MATSIKO | Just days after the Constitutional Court sitting in Mbale completed hearing of a case challenging amendments passed last year to remove the 75-year constitutional age limit to allow President Yoweri Museveni to contest again …
Read More »How Uganda police stumbled on ‘radicalisation centre’
Kampala, Uganda | AFP | Ugandan police said Saturday they had stumbled upon a “radicalisation centre” at a Kampala mosque, shooting dead two people, arresting dozens and releasing over 100 women and children. A security source, speaking on condition of anonymity, said officers had found what appeared to be …
Read More »Liberia’s Sirleaf receives $5m Ibrahim prize
Kigali, Rwanda | AFP | Former Liberian president Ellen Johnson Sirleaf on Friday accepted the prestigious $5 million Ibrahim Prize for Achievement in African Leadership. “As the first woman to receive this Mo Ibrahim Foundation Prize award, it is my hope that women and girls across the continent are inspired …
Read More »Reconstruction of sh24 billion hotel, tourism centre in Jinja starts
Jinja, Uganda | THE INDEPENDENT | A ground breaking ceremony has taken place today to kick start the reconstruction of the Uganda Hotel Tourism and Training Institute (UHTTI) also known as the Crested Crane Hotel in Jinja. The re-development of Uganda Hotel and Tourism Training Institute is, according to officials, …
Read More »Why are Ugandans so unhappy?
New report gives unexpected clues Kampala, Uganda | THE INDEPENDENT | Ugandans are becoming one of the unhappiest people in the world, according to the latest World Happiness Report 2018 that was released on March 14 by the United Nations. Uganda is ranked at 135, just 21 slots from the …
Read More »Optimism as govt, investors sign refinery deal
Agreement seen as a key step towards the construction of $4bn facility Kampala, Uganda | RONALD MUSOKE | On April 10, Uganda moved closer to building a $4bn oil refinery in Hoima following the signing of an agreement between the government and a consortium of companies led by U.S giant, General …
Read More »Why BoU sells banks cheaply
Auditor General spills secrets of Coop Bank, Greenland Bank Kampala, Uganda | HAGGAI MATSIKO | On March.23, Auditor General (AG) John Muwanga wrote a confidential note to the Governor of the Central Bank, Emmanuel TumusiimeMutebile. The note a copy of which The Independent has seen is titled Draft report of the …
Read More »MUSEVENI: Peace key to sports success
Entebbe, Uganda | THE INDEPENDENT | President Yoweri Museveni has celebrated Uganda’s success at the just concluded Commonwealth Games, saying, sportsmen have been able to flourish because of long time peace in the country. “For those who are saying that we (Government) are harvesting where we didn’t sow, …
Read More »Mutebile’s economy optimism
Governor projects 6.5% economic growth in three years but private sector concerns remain Kampala, Uganda | JULIUS BUSINGE | On April 09, the Bank of Uganda Governor, Emmanuel Tumusiime-Mutebile, arrivedat the Bank’s conference room on the 7th Floor to announce the Monetary Policy Statement for Aprilpast the usual time, 12:00pm. The …
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