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Ugandan MPs Demand Govt To Release Funds For Projects
Parliament has urged government to expeditiously release funds for donor-funded projects whose activities are ongoing. The directive follows the presentation of a report of the Committee on Finance, Planning, and Economic Development on unspent balances and the position of the Consolidated Fund as of 30 June 2023. The report was presented by the Committee Chairperson,…
Shut Up: Deputy Speaker Tayebwa Hits Back At Minister Otafiire
Deputy Speaker of Parliament Thomas Tayebwa yesterday condemned Internal Affairs Minister Kahinda Otafiire’s selfish and hypocritical attacks on the institution of parliament. In a no nonsense response to the bush-war hero who on Monday this week questioned the size of parliament and it’s relevance, Mr Tayebwa reminded Otafiire that he is one of the beneficiaries…
Just In: M7 Appoints Former Lukwago’s Deputy Sarah Kanyike Minister For Elderly&Distabilities
President Yoweri Kaguta Museveni has appointed former Kampala Capital City Authority (KCCA) Deputy Lord Mayor Hajjat Sarah Kanyike to the Ministry of Gender as a State Minister for the elderly and people with disabilities, a docket that has been empty for years. In June, Mr Museveni had appointed Kanyike as director gender, community service, and…
It’s On! MP Mawanda Tables Bill Trimming Off Powers Of Central Bank Governor
The Bank of Uganda Amendment Bill 2019 that is set to trim the Powers of the Governor and separating the fusion between the Bank of Uganda management from the board of directors has been confirmed ready. Notably, Parliament of Uganda has held the first reading of the constitution amendment 2020 meant to reduce powers of…
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‘No One Is Above The Law’- City Lawyer Ssemakadde Commends Tycoon Sudhir For Flooring, Exposing Rot At BoU
Award winning human rights lawyer Isaac Ssemakadde of -Center for -Legal Brains Trust has congratulated City tycoon, philanthropist Dr. Sudhir Ruparelia upon a landslide win. After years of endless battle in various courts of law in Uganda, the Bank of Uganda this week gave up against Sudhir and Meera Investments whom they had sued for allegedly…
OP-ED: Employ Benefits Like NSSF Can Make Your Business Resilient In Post Covid
By Ben Ssebuguzi Kampala: As business executives are scampering to cut costs in order to stay clear of the COVID-19 economic effects, some are making grave mistakes of evading retirement savings for their employees which makes them demotivated at workplaces hence less productivity. Employee motivation is defined as the level of energy, commitment, persistence, and…
Ministers, Land Commission Liable For Naguru-Nakawa Land Saga
Parliament has adopted recommendations of the Ad hoc Committee on the Naguru-Nakawa land holding several current and former ministers and the Uganda Land Commission liable for the illegal land dealings. The report presented by Committee Chairperson, Hon. Dan Kimosho on 18 May 2022 recommends that the Minister for Lands then, Hon. Persis Namuganza directed the…
Museveni Commends OPUL Over Development
President Yoweri Kaguta Museveni Tibuhaburwa has applauded Oil Palm Uganda Limited (OPUL) for its transformative agenda. Addressing thousands of Oil Palm Growers under their umbrella body Kalangala Oil Palm Growers Trust (KOPGT) at Kibanda Primary School grounds on Friday,a jovial Museveni revealed that he does not regret encouraging islanders to embrace oil Palm Growing. “Initially…
COVID-19 Crisis: East Africa’s Richest Tycoon Dr. Sudhir Gives Advice On Entrepreneurial Ethics and How To Save The Economy
By: Dr. Sudhir Ruparelia Kampala: We are entering into recession period globally and the exception is likely to be India and China with ~2% GDP growth in 2020 which is way below ~5 – 8% in the past several years. For the benefit of all, I am sharing my perspective on such scenario on few…
Equity Group Fights All Odds Of Covid-19 ,Registers 51% Balance Sheet Growth
The year 2020 was quite a challenging year given the impact of Covid-19 pandemic across the world. At the beginning of the year and the East Africa region had its first case of infection in early March. The global spread of the virus quickly became a pandemic. To comply with the World Health Organization’s prevention…