Browsing: Business

There Will Be No Utilities For Free – Rugunda Roars

The Prime Minister of Uganda Rt. Hon.  Ruhakana Rugunda has told Parliament that utility companies will still charge for services, except that service providers should exercise restraint in and consider grace periods for defaulters. Rugunda was clarifying on several questions raised by MPs and said utility companies should continue to be able to provide services.…

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COVID-19 Crisis: Over 400,000 Ugandan Jobs At Risk As Hotels, Restaurants Close

Coronavirus has brought the county’s tourism and hotel industry sector to its knees. Tourist cancellations have reached 100 per cent due to the pandemic and within weeks, various hotels have turned into white elephants, making back-to-back losses. After the government confirmed 14 coronavirus cases, the situation went from bad to worse, forcing investors to ask…

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Breaking! Rwanda Cries To Uganda After Burundi Closes Its Borders, Blocks Cargo Trucks

The Government Of Rwanda through its Foreign Affairs Ministry has cried to the the Government Of Uganda to block relief trucks heading to Burundi. In a statement traced by this Website, Rwanda authorities stated that the government of Burundi is no longer allowing cargo trucks transiting through Rwanda to enter Burundi’s territory despite the decision…

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Ex BoU Deputy Governor ‘Dr. Kasekende’ In Hot Soup As Bodyguard Reveals Secrets To IGG

As the saying ‘It ain’t over till it’s over’, well, you can’t argue with that. Former Bank Of Uganda (BoU) Deputy Governor Dr. Louis Kasekende is having sleepless nights after learning that his Ex bodyguard revealed a detailed information about his dealings to the Inspectorate of Government. This comes at a time when the president of Uganda Gen…

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Last Nail! Museveni Appoints Dr. Michael Atingi-Ego New BoU Deputy Governor As Dr. Kasekende Go Cursing

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,…

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Who Is John Musinguzi Rujoki The New @URA_CG?

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…

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Museveni Names Dr. Mugume Acting Deputy BoU Governor Replacing Out Of Contract ‘Kasekende’ As Mutebire Fights For His Dear Life At Nakasero Hospital

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…

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M7’s Orders To Close Public Institutions,Should Teach Us To Stimulate Economy And Build More Local Industries-Tycoon Nzeyi

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…

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Mp Nsereko Protests M7 Orders On Closure Of Schools, Suspension Of Religious Gatherings,Businesses Over Coronavirus

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…

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