Bank of Uganda (BoU) had a torrid 2017 as the Crane Bank saga weighed on the country’s central bank. What began as an everyday activity to supervise and regulate the banking sector when they took over and subsequently sold Crane Bank to DFCU turned out to be a big speck in the late Emmanuel Tumusime-Mutebile led…
On 4 August 1972, the then President of Uganda Idi Amin Dada ordered the expulsion of his country’s Asian minority, giving them 90 days to leave the country. At the time of the expulsion, there were about 80,000 individuals of Indian descent in Uganda, of whom 23,000 had their applications for citizenship both processed and…
Billionaire and Chairman Ruparelia Group of Companies, Sudhir Ruparelia has advised Ugandans to put their money in the real estate business because it’s one of the few businesses that can endure storms of Uganda’s economy. In an exclusive interview with this website, the real estate mogul told Ugandans not to take the Real Estate business…
Twenty-three-23 aspirants have petitioned the High Court to restrain the ruling National Resistance Movement-NRM party from implementing its decision to ring-fence six positions of members of parliament for the East African Legislative Assembly-EALA. The applicants are part of more than 100 people who had expressed interest to hold the flag for NRM in the coming…
Mulago National Referral Hospital has unveiled a non-invasive surgery simulation center, the first of its kind in the country. The hospital administrators say trainees will undergo training at the center on how to conduct minimally invasive endoscopies and laparoscopic surgeries. During such procedures, equipment is inserted into the body through the mouth or small cuts…
The government has started a process to ensure that Ugandans employed in the Middle East get similar terms of employment as their counterparts from other countries. This is after it was revealed that the earnings and workload for Ugandans especially those working as house maids are determined by clauses in the Memorandum of Understanding between…
More than 1,000 students of Mandela Secondary School in Hoima city have been sent home following a violent strike. The students staged a violent strike at 2am protesting poor feeding and administration. According to some of the students who spoke to URN on condition of anonymity, they were being fed on poor quality beans and…
Members of Parliament on the Finance committee have learned that Uganda Development Corporation-UDC’s move to carry out a valuation of Roko Construction Limited was unsuccessful after failing to access an 800 million Shillings budget from the Ministry of Finance. Patrick Birungi, the UDC Executive Director made the revelation on Thursday while appearing before the committee.…
By Ojok Smith Gulu: Will government survive fire for favouring foreign investors all the time against local businessmen? Moreover, when this is supposed to be a government by the people and for the people? Currently the government of Uganda is under heavy fire for over-pampering foreign investors and leaving the indigenous ones to wallow in…
The Government Assurance and Implementation Committee has questioned the Uganda Railway Corporation (URC) over its failure to ensure safety at railway level crossings. This follows a gruesome accident in the wee hours of Sunday 10, July 2022 in which a locomotive rammed into a car at its driver attempted to make it across the Nakawa…
