Daily Archives: November 18, 2020

Covid-19 Crisis: Over 40 Students In Masaka Test Positive

At least 45 students from two schools in Masaka district have tested positive for the Coronavirus disease-COVI19.  The affected students are mainly from the boarding section. Dr. Nathan Onyach, the Director- Masaka Regional Referral Hospital, says the students are admitted at the COVID-19 Treatment Centre. Onyach said the surveillance team is still tracing all contacts to contain the…

Frustrated Democratic Party Vows To Discipline Party Leaders For Supporting Kyagulanyi Over Mao

The Democratic Party has threatened to reprimand party leaders and supporters backing rival candidates against their presidential candidate and president general, Norbert Mao. This comes amidst sharp division in Uganda’s oldest political party over Mao’s candidature.  It follows a decision by some party members including seniors to support the National Unity Platform-NUP presidential candidate, Robert…

Unearthing Rot In BoU: Leaked Meeting Minutes Indicate Top Managers Knew Liquidating Crane Bank Was Illegal But Adamantly Proceeded

On November 9, Bank of Uganda (BoU) announced that it had commenced Crane Bank’s liquidation in a notice signed by Profesor Emanuel Mutebile the Central Bank’s Governor. “Bank of Uganda (BoU) took over management of Crane Bank Ltd (CBL) on October 20, 2016 and subsequently progressed it into receivership on January 24, 2017. In exercise…