Block 15
Farmers In Western Uganda Counting Losses As Dry Spell Hits Hard
Farmers in the Ankole region are counting losses following the long dry spell that has taken a toll on their crop gardens. A number of farmers say that they have lost it all this season because of the inconsistent and intermittent rains that have affected their crops. Akampurira Silvano a maize and beans farmer in…
NRM’s Ariko Declared Winner Of Soroti East By-Election
The NRM candidate Edmund Ariko has been declared the winner of the hotly contested Soroti City East parliamentary race in polls conducted today. According to the returning officer Soroti District Christine Eyu, Ariko Herbert Edmund Okworo garnered 9407 votes, followed by FDC’s Attan Moses Okia with 8771 while the UPC candidate Pascal Amuriat trailed with…
MPs Call For Better Pay To Inmates Who Offer Labour
Members of Parliament on the Committee on Human Rights are concerned about the way inmates are paid after they have offered manual labour outside the prisons. The legislators raised the concerns while meeting officials from the Uganda Prison Service. The meeting on Tuesday, 26 July 2022, chaired by Fox Odoi Oywelowo was meant to discuss…
Big Story: Leadership Crisis Hits BoU As Museveni Fail To Appoint New Governor
President Museveni’s failure to appoint a new Governor for the Bank of Uganda has left the institution exposed. Deputy Governor Michael Atingi-Ego has reportedly failed to stamp his authority on the institution which has been running under the leadership of the late Prof. Emmanuel Tumusiime Mutebile, an economist with a no-holds-barrel approach to handling the…
From Grade III & V straight to Bachelors: Victoria University Unveils Upgrade Package For Teachers
Victoria University Kampala, East Africa’s pioneering provider of experiential & authentic learning and the leading technologically-enabled university in Uganda has yet again unveiled a special package targeting teachers who want to upgrade their education levels. This new offer targets teachers from Grade III to V to enroll for the Bachelor Programs the university offers without…
Here Is Why Government Should Punish Ex BoU Officials Over Irregular Closure of Crane Bank, Other Six Commercial Banks
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…
Is Atingi-Ego Not Creative Enough To Have Own Methods Of Supervising BoU Than Relying On What The Late Mutebile Left
Since being appointed the Bank of Uganda (BoU) Deputy Governor and has been acting as Governor, Michael Atingi-Ego has now raised the indicative Central Bank Rate (CBR), twice to the current 8.5 per cent, encouraging commercial banks to also raise interest rates for borrowers. Ugandan borrowers are not happy that BoU continues to raise the…
PICTORIAL: Inside Sudhir Ruparelia’s Magnificent One-10 Apartments He Recently Put Up for Sale
Meera Investment Limited, a real estate arm under Ruparelia group recently presented Uganda’s largest fabulous homes grand project, the ‘One-10 Apartments’ for sale. The luxury, high-end apartments are located in Kololo on Prince Charles Drive, one of Kampala’s most affluent and exclusive suburbs; a location home to many of Uganda’s diplomates and elite class, owing to its serene and secure environment. The breathtaking panoramic…
Soroti City East By-Elections: FDC President Amuriat, 42 Others Arrested Over Voter Bribery
The East Kyoga Regional Police has confirmed the arrest of 43 opposition Forum for Democratic Change (FDC) members for allegedly bribing voters. According to East Kyoga Police Spokesperson, ASP Ageca Oscar, those arrested include FDC Party President Patrick Oboi Amuriat, former Kasese Municipality Member of Parliament, Robert Centenary. and others who were allegedly bribing people…
Don’t Give Us Excuses Over Your Incompetence, Cough Our Money – Shareholders Task Dfcu Bosses
Earlier this year, Dfcu Bank announced that its shareholders will have to wait longer before they think of getting dividends for the year 2021 as the bank struggles to preserve capital. According to the bank’s latest audited financial results published recently, the bank’s overall profitability for 2021, was considerably affected by the loan impairments, which…