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M7 Promises MUBS Staff Salary Increment
The Minister For Education and sports, Hon. Janet Kataaha alongside President Yoweri Museveni Saturday met with a delegation of Makerere University Business School (MUBS) administration and members of the Academic Staff Association. Academic disciplines taught at universities should be tailored to the needs of society and the job market, address and promote the concept of…
Down & Out! Gender PS Directs Ntambi, Other Top EOC Bosses To Handover Office
The permanent secretary in the Ministry of Gender, Labour and Social Development, Mr Aggrey Kibenge has directed senior officials of Equal Opportunities Commission (EOC) whose contracts have expired to hand over office immediately. The contracts for the EOC commissioners, including the chairperson, Ms Sylvia Muwebwa Ntambi, who renounced and abandoned the use of the name…
Tears As EC Disqualifies NUP Candidate From Central Youth Elections
The Uganda Electoral Commission has disqualified the National Unity Platform-NUP central youth parliamentary candidate from the ongoing elections at the National Teacher’s College in Mubende district. The Central and Southern Region Regional Elections Officer, Robert Baine, said the NUP candidate, Moses Kasule used a voter outside the Electoral College to back his candidature. Kasule’s troubles…
Just In: Museveni Names Maj Gen Otto New Commander Of Operation Shujja As Gen Olum Heads To Juba
President Yoweri Kaguta Museveni has reshuffled key military positions, affecting both the Mountain Division and Operation Shujaa in eastern DR Congo. Major-General Dick Olum has been replaced by Major-General Richard Otto as the Commander of the Mountain Division. Meanwhile, Olum will now lead the South Sudan Stabilization Mechanism. The announcement was made by Col Deo…
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“My Humble Request For This Committee Is To Help Us Get The 10 Acres We Originally Applied For” – Dr Sudhir Ruparelia
Uganda’s largest property developer Tycoon Sudhir Ruparelia has asked parliament to increase on the acreage he was given from three to 10 acres that he applied for to re-develop the area. Dr. Sudhir made a request while appearing before Parliament’s Adhoc Committee investigating irregularities in the sale and give-away of Nakawa Naguru land. “My humble…
Public Debt Soars As Gov’t Seeks to Borrow Shs3.5 Trillion To Finance Budget
The Finance State Minister, Henry Musasizi has asked Members of Parliament to approve up to Shs3.5 trillion to finance the Shs48.1 trillion budget. The first loan request which is up to US$464 million translating to about Shs1.7 trillion, is to be sourced from the Standard Chartered Bank. In documents which now stand referred to Parliament’s…
COVID-19 Fight: Ruparelia Group Issues SoPs At All Buildings, Asks Gov’t To Bail Out Landlords With Tax Waivers
As a way of resuming business amidst the Coronavirus (COVID-19) lockdown, the Ruparelia Group of Companies, which is owned by Kampala magnate Sudhir Ruparelia, has issued Standard Operating Procedures (SoPs) to all tenants occupying their buildings around Kampala. Rajiv Ruparelia, who is son of tycoon Sudhir, revealed the new SoPs on Friday June 26, 2020,…
Government To Use Oxfam Gender Tool In Parish Development Model
The State Minister for Gender, Labour and Social Development, Asamo Grace Hellen has promised to support the idea of using a gender tool dubbed Gender Action Learning System (GALS) methodology as government moves to implement the Parish Development Model. This methodology was developed in Uganda by Oxfam to largely balance gender issues in its humanitarian…
OP-ED/Legal Review: The Consequences For BoU Over Total Court Losses Vs Sudhir In Crane Bank Sale Fallout
An analysis by Cymbell Advocate, a commercial law firm in Kampala, questions the Bank of Uganda on the consequences of the lost cases against city tycoon Sudhir Ruparelia in the fight for the defunct Crane Bank which now is believed was illegally shut down and sold off by the Central Bank. On 30th June 2017…
BoU Loses Billions In Foreign Investments
BoU earns most of its income from investing the bulk of Uganda’s foreign exchange reserves in the said bonds, a practice referred to as investment in fixed income assets. Central banks, experts say, use sale of bonds as a tool to increase bank reserves and lower interest rates. When they buy bonds, money flows from…
