The President of Uganda Yoweri Kaguta Museveni has appointed Dr. Michael Atingi-Ego as the new Deputy Governor, Bank of Uganda (BoU). Mr Museveni, announced the appointment in a Sunday March 29, 2020 tweet, a day after the Central Bank board of directors unanimously picked the Director of Research at Bank of Uganda, Dr Adam Mugume,…
The President of Uganda, Yoweri Kaguta announced the appointment of John Musinguzi Rujoki as the Uganda Revenue Authority Commissioner General, replacing Doris Akol who has been in Office for five years and five months. “By virtue of powers granted to me by the Constitution, I have appointed John Musinguzi Rujoki as the new Commissioner General…
The Director of Research at Bank of Uganda, Dr Adam Mugume, was on Friday assigned to perform the duties of the Deputy Governor of Bank of Uganda. The position fell vacant about three months ago after Dr Louis Kasekende’s contract ended. He served in that position for 10 years. When contacted, the Central Bank deputy…
First of all, I would like to thank you and your cabinet- for the courageous leadership thus far- especially the decisions announced on March 18th 2020 which among others include the decision to temporarily disperse areas of population concentrations such as school, religious, political and social gatherings as well as travel restrictions on certain high-risk…
Kampala central member of parliament Muhammad Nsereko has challenged President Yoweri Kaguta after he ordered the closure of schools and suspended religious gatherings across the country in attempt to prevent the spread of coronavirus. Although there has not been any confirmed case of coronavirus as today, Mr Museveni said all primary and secondary schools, university…
Mtn Uganda has proposed to waive fees on its on-net mobile money transactions below Shs. 30,000 Thursday, 19th March 2020. This comes amid the looming coronavirus pandemic which has ravaged most of the neighbouring countries among them; Kenya, DR Congo and Tanzania. MTN CEO Wim Vanhellepute says the decision that will last 30 days follows…
The Speaker of Parliament, Rebecca Kadaga, has visited and pledged continued support to the Kiira Motors Plant, the local makers of electric motor vehicles. Kiira Motors Corporation (KMC) is located in the Jinja Industrial and Business Park in Kagogwa village, Kakira Town Council, in Jinja district. “I want to thank the President for his foresight…
The Executive Secretary of the Departed Asians Property Custodian Board (DAPCB) George William Bizibu was caught destroying crucial documents, allegedly, concerning some of the board’s illegal dealings. According to Sources, he was assisted by Ms Irene Apio Julu, one of the long serving secretaries at DAPCB, who was arrested on Tuesday, and police have embarked…
Hussein Lumumba Amin, the son of Former Ugandan President Gen. Iddi Amin Dada has said, it was his late father’s favourable laws and good governance that enabled Investors and departed Asian-Ugandan such as City Mogul Dr Sudhir Ruparelia and others to return and invest in the Pearl Of Africa-Uganda. Lumumba, made these remarks in a…
The ministry of health has clarified that there is no confirmed case of coronavirus in Kampala as alleged on social media. Earlier, social media had caught fire following a circulating video that Coronavirus had raided one of tenants at Royal Plaza owned by Tycoon Sudhir Rupaleria under Crane Management. However, it was a lie according…
