COVER STORY: FDC faces break-up: Whatsapp war as Nandala quits Besigye camp against Muntu THE LAST WORD Trump’s war with the press: How the new US president is bursting the Washington bubble and annoying the nation’s hypocrites ANALYSIS After Park Yard evictions: Can Hamis Kiggundu deliver on his promise? BUSINESS …
Read More »BUSINESS: Refinery offers golden opportunity
New $20mn firm welcomed but analysts say government must strengthen legal and monitoring framework of minerals sector President Yoweri Museveni’s launch of a $20 million African Gold Refinery Ltd (AGR) – the first in East and Central Africa – in Entebbe on Feb.20 was a bold step welcomed by …
Read More »ANALYSIS: Fast tracking Uganda’s oil
Government, oil companies finally appear to be chasing some useful deadlines Uganda’s oil sector might look dull and inactive to the uninformed eye but in reality it is now a bee-hive of activities with tight deadlines to be met. At least six major oil-related engineering projects are rolling concurrently at …
Read More »Trump accuses Obama of tapping his phones during campaign
Washington, United States | AFP | President Donald Trump on Saturday accused Barack Obama of tapping his phones during last year’s White House campaign, charges that his predecessor denied as “simply false.” “I’d bet a good lawyer could make a great case out of the fact that President Obama was …
Read More »UN chief to visit East Africa as famine threatens region
United Nations, United States | AFP | UN Secretary-General Antonio Guterres will travel to Kenya on Sunday for talks with leaders on regional issues, his spokesman said Friday, as South Sudan and Somalia face famine. Somalia is facing the threat of a famine while parts of northern South Sudan are …
Read More »The Independent: Muhakanizi, Isabalija ‘fight’ sparks 30bn audit
COVER STORY Muhakanizi , Isabalija `fight’ sparks Shs30bn UEGCL audit: Finance Ps controls government purse, but new Energy PS has Museveni’s ear THE LAST WORD Uganda’s real oil curse: How our overblown expectations of what oil is going to do for our country are likely to cause trouble ANALYSIS …
Read More »MUSEVENI: There is no reason for conflict over River Nile
Entebbe, Uganda | THE INDEPENDENT | President Yoweri Museveni has said Uganda has not yet ratified the “Nile Agreement” on the use of the River Nile waters, as it is pursuing a maximum consensus on the issue. He said the disagreement between Egypt and other nations on the River Nile …
Read More »Libyans pull out of UTL, Uganda Govt takes over
Uganda Telecom Limited (UTL) that has been limping for years, will be rescued by government. Government will take over UTL’s full management immediately. Minister for Finance Matia Kasaija confirmed Wednesday that Libyan company UCOM, a subsidiary of majority shareholders Libyan Post, Telecommunication and Information Technology Holding Company (LPTIC), would no …
Read More »FDC loses out again in Uganda’s EALA elections
The Forum for Democratic Change (FDC) has for a second time been locked out from a team of nine to represent Uganda in the East African Legislative Assembly (EALA). NRM’s six candidates Rose Akol (370), Paul Musamali (350), Mary Mugyenyi (341), Mathias Kasamba (359), Denis Namara (329) and George Odong (346) …
Read More »Agency banking: Stanbic to hire 1000 agents
Other banks say the government needs to urgently pass regulatory framework Stanbic has identified about 1000 agents to deal with as soon as the proposed new agency banking is legalised, according to the Chief Executive Officer of Uganda’s largest bank, Patrick Mweheire. In an interview with The Independent, Mweheire said …
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