Commonwealth Development Corporation (CDC) Group, the United Kingdom’s development finance institution recently announced its decision to sell its remaining 9.97% stake in the troubled dfcu bank. The shareholding was sold to IFU, the Danish development finance institution. CDC made its first investment in DFCU in 1964 as a founding partner to the bank and has…
The government of Uganda has not yet taken punitive action against Bank of Uganda (BoU) officials for the closure of seven commercial banks three years after the recommendation was made by Parliament. In 2019, Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE recommended that senior BoU officials be individually held responsible for the…
Ruparelia Group’s Delhi Public School International has performed excellently according to results released by the Central Board of Secondary Education (CBSE). According this year’s results, Delh toi public School International excelled with a 100% percentage pass with a 78% school average score and all the 46 candidates excelled with high scores between 60%-90% and above.…
The Electoral Commission has registered an additional 1,679 voters for the Soroti East by-election. In the 2021 general elections, Soroti City East Division had 34,784 registered voters, but the number has now increased to 36,481 voters. During the update of the National Voters’ Register that was conducted between June 10-14, 2022, the commission recorded other…
The government has through the Ministry of Health earmarked Shillings 300million for the installation of a brand new digital X-ray machine at Buliisa general hospital. The digital X-ray machine has been lying idle for two years since it was procured by the Health Ministry owing to the district’s failure to secure money for its complete…
African Union (AU), Intergovernmental Authority on Development (IAD), East African Community (EAC) and European University Institute (EUI) alumni has launched a Migration Governance and Migration Diplomacy – an Agenda for a Migrant-Centred approach written by Dr Grace Edward Galabuzi of Makerere Institute of Social Research that provides a comprehensive review and a list of recommendations…
President Museveni has appointed the Democratic Party’s President Nobert Mao as the new Minister of Justice and Constitutional Affairs. He replaces the Minister of Public Service Muruli Mukasa who has been serving in the acting capacity. The appointment comes a day after Mao together with a delegation from DP met with ruling National Resistance Movement…
Luxurious Kabira Country Club has unveiled an exciting accommodation package in which it is offering luxury stay to its loyal clients at favorably lower rates. In the mega weekly offer dubbed “Weekly Bonanza” at Kabira, you will experience a state-of-the-art luxury stay living the life you’ve always dreamt about in the beautiful rooms all offered…
Opposition Democratic Party president Norbert Mao has met with ruling National Resistance Movement party (NRM) national chairman President Yoweri Museveni and inked a deal to work together. According to president Museveni, the duo met for a meeting at State House in Entebbe on Wednesday morning. The meeting was also attended by the Secretary Generals of…
Victoria University Kampala, Uganda’s leading transformation university has announced that registration for the August-September intake for Academic Year 2022 has kicked off to aid students enroll for their digital learning environment. Through an announcement posted via its socials, Victoria University urged potential students especially S.6 vacists to enroll for its work-integrated experiential learning which guarantees…
