Having already contributed about Shs2B to the fight against COVID-19 in Uganda, telecom giant MTN Uganda has committed to further support the drive in a bid to enable Ugandans live a healthy life. MTN’s Hamwada hands over the food stuff to Uganda prisons officials. On the Extreme right is Dinah Martha Akirapa who spoke on behalf of…
A tenant at Mabirizi Plaza, who was evicted from her shop and her stock confiscated for failure to pay rent, has won a court case with damages of Shs125m with interest. Ms Sophie Nakitende sued Mabu Commodities Limited, a company that owns Mabirizi Plaza, after it evicted her and seized her stock for non-payment of…
Managers of the Covid-19 Response Fund have written to chief executives of companies in Uganda urging them to request their employees to donate at least Shs10,000 to the fund. “We are writing to make an appeal to chief executives of private sector organizations to join our efforts in mobilizing to raise funds for the much-needed…
Tension is rising at the Taveta-Holili border after Tanzania blocked Kenyan drivers from crossing into the neighboring country amid Covid-19 measures row. A Report by Citizen TV in Kenya on Sunday morning, showed that Tanzania blocked entry of Kenyan Cargo trucks at Taveta – Holili border causing heavy traffic as truck drivers remained stranded without…
In an unprecedented move, the Minister of Energy and Mineral Development has run a riot code onto the Permanent Secretaries of the Ministries of Local Government and Finance, sending them scuttling by sneaking to cabinet one of the most incoherent Statutory Instruments (SI) in the History of Government. This came as an utter shock to…
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…
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…
The Ministry of Kampala Capital City and Metropolitan Affairs has unveiled a number of initiatives that are being considered in order to streamline, regulate, and create order in the city. The ministry says it’s still discussing the initiatives and they will be implemented after thorough consultations. The issues being considered are: Registering Boda bodas and…
Government of Uganda introduced Digital Tax Stamps, a measure intended to enhance tax compliance and to ensure that the Ugandan market has only authentic manufactured or imported products. Introduced in November 2019, manufacturers and importers are required to affix digital tax stamps onto every product manufactured or imported before distribution into the market. Six items…
By Omongole Richard (Farmer) Uganda’s post coronavirus economic failings are going to come from the IMF/World Bank supervised theoretical economist at Bank of Uganda. You borrow $ 491.5 million, then $151m will go to budget support and UDB . A whole $340m just for bank of Uganda to stabilize the exchange rate! Textbook economics based…
