Block 9

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…

Golden Mind! In Sheema, Hon. Jacklet Calls For ‘Family Oriented District Food Security Stand’ Amidst Covid-19 Lockdown

Sheema District Woman Member Of Parliament, Jacklet Atuhaire Rwabukukuru has urged Ugandans especially those in rural areas to put more effort into agriculture during this Coronavirus lockdown. The message was delivered in an open letter to all Ugandans more, to her good people of Sheema. It’s from this letter that the Lawmaker warned that the…

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