Block 9

Kyarenga Concerts: Promoters Abitex, Bajjo Win Case Against IGP Ochola Over Blocked Bobi Wine Shows

Days after holding a successful online concert, musician and presidential hopeful Robert Kyagulanyi Ssentamu, better known as Bobi Wine has something new to smile about. The High Court in Kampala on Wednesday quashed Police orders that stopped the pop star from staging concerts dubbed Kyarenga Extra. Justice Esta Nambayo declared the police orders as illegal,…

Govt To Compensate Former KCC Staff Shs 4Bn

Former employees of Kampala City Council (KCC), which was transformed into Kampala Capital City Authority (KCCA), who were retrenched almost 10 years ago, will receive their terminal benefits in July this year. The State Minister for Finance (Planning), Hon. David Bahati, told Parliament that Shs4.08 billion was provided in the budget for the 2020/2021 financial…

Broke BoU To Borrow USD500M For Recapitalization

The President of Uganda Gen. Yoweri Kaguta Museveni has endorsed a request by the Ministry of Finance to borrow up to USD500M to recapitalize Bank of Uganda (BoU) and Uganda Development Bank (UDB), following the effects of Coronavirus (COVID-19) on Uganda’s economy. The money, according to credible sources, will come from the International Monetary Fund…

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