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Gen Museveni Praises Tumwine’s Resilience & Patriotism, Spits Venom Against ‘Bad Hearted Ugandans’
President Yoweri Kaguta Museveni who is also the Commander-In-Chief (C-I-C) of the Uganda People’s Defense Forces (UPDF) has hailed the fallen Gen. Elly Tumwine as a patriotic and resilient man who continued with the struggle of liberating Uganda even after sustaining facial injuries during the war that led to losing an eye. Gen. Tumwine, one of…
Shock As Top Museveni Minister Says Being Abducted By a Drone Is Not a Crime
Ugandan minister of Information, Communication Technology and National Guidance Dr Chris Baryomunsi has left Ugandans shocked after telling an investigative journalism organization that there was nothing illegal with security operatives driving suspects in ‘drone’ vehicles. There have been reports of suspects being abducted or kidnapped before being bundled into drones. The mode of arrest has…
EC Squeezes Gen.Tumukunde To Carry Out Presidential Consultations
The Electoral Commission (EC) has allowed former minister for security Lt. Gen. (rtd.) Henry Tumukunde to carry out consultations for his presidential bid. In a March 4th letter signed by EC Chairman Justice Simon Byabakama, Gen. Tumukunde has been advised to go and do town hall consultations and meetings with his supporters with out doing…
Uganda Registers 24 Fresh Covid-19 Cases From Truck Drivers
Ministry Of Health has on May 16, 2020 announced 24 new COVID-19 cases confirmed from 2,044 samples of truck drivers. This brings the total number of COVID-19 cases to 227 in Uganda. The new cases were from Elegu border where 3 Ugandans and 2 Kenyans tested positive. At Mutukula border, 6 Tanzanians and 1 Ugandan…
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BoU Issues Guidelines On Covid-19 Crisis, Warns Banks Against Levying Extra Fees
The Bank of Uganda (BoU) has warned financial institutions against levying extra charges or fees when restructuring loans for borrowers as the country grapples with the coronavirus pandemic. In the guidelines issued by the acting Deputy Governor, Dr Adam Mugume, on Tuesday, April 14, the banks must also desist from demanding that some borrowers clear…
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…
Tycoon Charles Mbire Acquires More Stake In MTN
Businessman Charles Mbire has bolstered his stake at MTN Uganda after acquiring an additional 2,263,930 shares in the telecom company at a total cost of Shs 459,907,621.00 on the Uganda Securities Exchange. The purchase which took place on August 22 was evidently the signature activity of the day, on Uganda’s Securities Exchange where MTN is…
BoU Must Return Sudhir’s Crane Bank, Pay Dispute Costs – Supreme Court Rules
The Supreme Court in Kampala has ordered Bank of Uganda (BoU) to pay dispute costs after losing yet again in the aftermath of the closure and liquidation of Crane Bank Ltd, owned by businessman Sudhir Ruparelia. In a ruling delivered on Friday, July 1, a panel of three judges led by Justice Prof. Lillian Tibatemwa-Ekirikubinza…
Govt To Raise Taxes On Cars,Internet,Minerals In 2021-22 Budget
Finance Minister, Hon. Matia Kasaija, has tabled proposals for the new tax laws, which will see motor vehicle owners part with an annual license fee paid by 31st of January. The Traffic and Road Safety Act (Amendment) Bill, 2021 seeks to impose, under clause 14.A, a license to permit ownership of “a motor vehicle, trailer…
“Business Opportunities Are Many In Uganda”- Says Museveni As He Welcomes More Indian Investments
President Yoweri Kaguta Museveni has requested Indian business people to invest more in Uganda, saying the East African country has several investment opportunities in different sectors. While officiating at the opening of Afro Indian Investment Summit 2022 and the centennial 100 years celebration of Indian Association Uganda on Thursday at Munyonyo Commonwealth Resort Hotel in…
