By Samuel Obedgiu Kampala: At the height of the demise of the now defunct Bretton-woods monetary system, former U.S President Richard Nixon’s treasury secretary John Connally said, “The dollar is our currency but it’s your problem.” The current strengthening of the dollar has indeed made this statement relevant again, manifesting itself through increased food prices.…
President Yoweri Kaguta Museveni has received the prestigious Person of the Year Award from London based Energy Year Publication. In an event that took place at State House, Entebbe today, Friday 14th October, 2022, the award was presented by the Global Government Relations Director, Ms. Brindusa Negrea who had paid a courtesy call on the…
Uganda’s reputation for hosting major international events has been further bolstered an exciting announcement. The Miss Planet International director, Pedro Fransisco confirmed that Kampala, Uganda is the official host city for the Miss Planet International event which will run from November 6-20th 2022. This will be the first time that a mega international beauty pageant…
In a bid to streamline the installation and supply of power in Uganda, the Electricity Regulatory Authority (ERA) has unveiled the Consumer Protection and Installation Permits Center (CPIPC), which shall be the main interface between the Authority and electricity consumers in all categories of consumption i.e domestic, commercial, medium industrial, large industrial, extra-large industrial and…
Spenah Beach Boss Asiimwe John has this morning been evicted by his landlord Kabuye Stephen after months of tight standoff. Asiimwe had refused to vacate the premises claiming that he invested over 1 billion to purchase sand on the beach which he wanted Kabuye to refund before evicting him. However, in a district security meeting…
President Yoweri Kaguta Museveni directed the Minster of Works and Transport Gen. Edward Katumba Wamala to disband the entire Uganda Railway Corporation (URC) Board and Managing Director, Stanley Sendegeya who he says is unqualified, inexperienced and was irregularly recruited as a result of influence by a board member Ben Twodo. In a letter dated 3rd…
The Chairman of Ruparelia Group of Companies, Dr. Sudhir Ruparelia has been inducted as Honorary member of the Rotary Club of Kiwatule. Dr. Sudhir, a leading philanthropist in Uganda through his Ruparelia Foundation which is the charity arm of the Ruparelia Group of Companies has for years extended a helping hand to individuals and entities…
The Parliament of Uganda has vetted former Burahya Member of Parliament Rtd. Col. Stephen Basaliza aka Omudumiizi a Commissioner of the Human Rights Commission (UHRC). Last week, President Yoweri Kaguta Museveni re-appointed Basaliza back to the Commission together with former Kassanda South Member of Parliament Simeo Nsubuga and Omara Apita, a former Commissioner for Sports…
The Parliament of Uganda has approved the National Local Content Bill, 2022. The private member’s bill by Kassanda North MP, Patrick Nsamba Oshabe was passed last week. The bill was first tabled before parliament in January 2019 during the 10th parliament, processed, and eventually passed. Its objective was to impose local content obligations on persons…
The European Parliament’s criticism of oil projects in Uganda failed to “respect the fundamental principles” of democracy, TotalEnergies has said. The company’s chairman and CEO Patrick Pouyanné had been due to speak to the European Parliament today. Total said it would provide a letter instead. The French company will not be represented at the hearing…
