Author Our Reporter

Big Story: Legislature Moves To Kick BoU Top Officials Out Of Juicy Positions Over ‘Dubious Sale Of Crane Bank, Seven Commercial Banks’

The Parliament of Uganda through Igara East Member of Parliament, Hon Michael Mawanda is working on a, ‘Constitution (Amendment) Bill, that seeks to, among others, remove the Governor and Deputy Governor of Bank of Uganda from being Chairperson and Vice Chairperson respectively of the Central Bank. According to Hon. Mawanda, the decision making authority is…

Finance PS Ggoobi Writes To Parliament Over Status Of Govt Shares In Munyonyo Commonwealth Resort

The Permanent Secretary in the Ministry of Finance, Planning and Economic Development (MoFPED) Mr Ramathan Ggoobi has clarified to Parliament on the status of Government’s 25% shares held in the Commonwealth Resort, Munyonyo. In a detailed letter to the Clerk to Parliament Parliament, Mr Ggoobi also a leading economist noted that Finance Ministry is at…

Victoria University Fully Opens, Extends Physical Classes At Market Plaza To Observe SoPs

Uganda’s leading education hub, Victoria University (VU) has extended classrooms to a fully furnished state of the art Market Plaza and hearty served lunch to over 2000 members of the community. The University says, shifting some lectures to Market plaza was made to help students observe Standard Operating Procedures (SoPs), complying with Ministry of Health,…

Premier Recruitment Announces Urgent Need Of 100 Youths To Work In Qatar As Cleaners – No Interviews

Premier Recruitment Limited, a labour export agency in Kampala has announced the urgency need to recruit up to 100 Ugandan youths to work as general cleaners in Qatar, as the company continues to raise an effort towards curbing the unwavering rate of youth unemployment in Uganda. According to Premier Recruitment management, the urgent need for…

Own Goal! Parliament Should Summon Ministry of Finance Instead of Sudhir Over Gov’t Shares In Munyonyo

Businessman Sudhir Ruparelia has filed his response to Parliament regarding the government shares in Munyonyo Commonwealth Resort Limited. Parliament had summoned Sudhir to explain the status of government shares in the 5-star facility. “The committee has noted with concern that Uganda Development Corporation (UDC) as an investment arm of Government, has not been availed an…

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