Breaking News
Speaker Kadaga Implores Government To Scrap Off Curfew
Efforts by State Minister for Internal Affairs, Hon Obiga Kania to respond to a matter raised on the possible extension of curfew hours were futile after MPs demanded for a statement from the Prime Minister. Speaking on behalf of the Prime Minister, Hon. Obiga Kania informed the MPs that the National Task Force on Covid-19…
Leaders Irked By Delayed Construction of Masaka-Mutukula Road
The long-awaited plan for the rehabilitation of the Masaka-Kyotera-Mutukula road has been deferred as the government, awaits funding from the African Development Bank. The rehabilitation project will be funded by an AfDB grant under the NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF). According to Prime Minister Robinah Nabbanja, the feasibility study for the road construction and other…
Employees In Panic As Government Moves To Merge, Disband Agencies
Fear and anxiety have engulfed most of government authorities’ staff after cabinet formalised a plan to merge a number of authorities/ agencies back to their parent ministries. The plan was approved on September 10 last year during a Cabinet meeting chaired by President Museveni. The proposed merger was part of a mega reorganisation plan aimed…
PM Nabanjja Orders Gen.Muhoozi To Implement Museveni’s Directives
The Prime Minister, Robinah Nabanjja, has directed the State Minister for Internal Affairs, Gen. David Muhoozi, to address the issue of police officers who are not following President Museveni’s directive to return all confiscated motorcycles to their owners. She said this while speaking in Parliament on August 16, 2024, and expressed her disappointment with the…
News
New Normal: Rwandan Airports Reopen To Travellers Amidst Rising Coronavirus Cases
Rwandan airports on Saturday reopened to international travellers, more than four months after the central African nation suspended commercial passenger flights to mitigate the COVID-19 outbreak. The suspension didn’t affect cargo and emergency flights. Tourists travelling by charter flights had been allowed to enter the country that is famous for mountain gorilla tracking since June…
Dr. Ezra Suruma: Ugandans Will Remain Poor Until They Own Their Bank
By: Dr. Ezra Suruma Kampala: One of the most blatant aims of new colonialism (neocolonialism) is to ensure that Africans are denied access and control of capital. The evidence is overwhelming. It started in 1987 when the World Bank financed consultants to do “diagnostic” studies of locally-owned banks: Bank of Uganda, Uganda Development Bank, Cooperative…
Deep Trouble: Equity Bank Bosses At It Again As CEO Mwangi Secures Court Order To Escape Arrest
Equity Bank chief executive officer James Mwangi has secured a court order blocking his possible investigation or arrest over a disputed multi-billion shilling property in the high-end Muthaiga estate in Nairobi. Mwangi, who has served Equity Bank for 32 years, faces arrest over allegations that he fraudulently grabbed a multibillion property in Muthaiga, a plush…
Judge Asked To Step Aside In Simbamanyo House Case
Equity Bank Uganda denied having ever facilitated or engaged in facilitating any illegal cover to have Equity Bank Limited and Bankone Limited engage in financial institutions business in Uganda. Peter Kamya, an architect, has asked Justice Boniface Wamala to disqualify himself from hearing Simbamanyo House cases, citing bias. “The judge has not conducted himself in…
Just In! Another Scandal Hits REA As Energy PS Gives Ill-Advice To Min. Kitutu On Fake Statutory Instrument
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…
Opinion: Is MTN Public Share Offering a Buy?
By: Livingstone Mukasa Ever since it became apparent that MTN Uganda was going to list on the Uganda Stock Exchange, i have been bombarded with calls to advise if it’s a good buy. Today I got my hand on the MTN Share Offering Prospectus and i immediately went to work on it. You see, I…
