Leila Katusiime, a former lawyer at NDA, risks arrest after it came to the IGG’s attention, through whistle blower info, that her written directive was ignored and the NDA former board members organized a secretive ceremony at four points hotel in Kololo and defiantly swore themselves in.
UDB Managing Director Patricia Ojangole addresses stakeholdersKAMPALA — The Uganda Development Bank has secured a 40 million euro credit line, approximately 169 billion shillings, from the French Development Agency to expand financing for enterprises across the country.The facilit
A power sector storm is brewing in Uganda as internal conflicts at the Electricity Regulatory Authority (ERA) intersect with national energy supply challenges, threatening to further destabilize an already fragile economic lifeline.According to insiders, senior staff at ERA allege that Chi
The Namanve Industrial Park is now the largest in Africa and the hope of all Investors and people of Uganda was that it would become a World Class Facility.Unfortunately, reality check tells us that this dream must be thrown out of the window as so many issues, primarily due to its design,
It was a tense May evening in 2011 at State House Entebbe. Just days after his grand swearing-in ceremony at Kololo, Uganda’s long-serving leader, Yoweri Kaguta Museveni, sat down for his first major interview. The gardens were glowing under floodlights, but politically, the atmosphere was anyt
Locals look on as the rescue team is engaged in retrieving bodies from the mines.Bushenyi, Uganda —At least five people have been confirmed dead following the collapse of a gold mine in Kayanga Village, Kyamuhunga Sub‑County, Bushenyi District. The incident occurred when the artisanal
Jennifer Bamuturaki, Former Uganda Airlines CEOUganda is the only peaceful country where everyone is free to trade any baseless accusation without being remorseful after developing any disagreement.When President Museveni gave a job to Mrs Jennifer Bamuturaki, that was the beginning
Kampala, Uganda | THE INDEPENDENT | The heavy wooden doors of St. Mary’s Cathedral, Lubaga, had barely closed after the 1 p.m. Mass when a fresh wave of worshippers began to stream in. They arrived first in small groups, then in clusters, their footsteps steady on the stone floor. A special Mas
dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex
South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up
