Government of Uganda Archives - Page 4 of 37

Crane Bank Shareholders On Cloud9 Again Over UK Court Ruling, Vow To Milk Billions From DFCU Bank Over ‘Fraudulent’ Takeover, Disturbing Their Peace!

Crane Bank and its shareholders are on cloud nine following a Wednesday ruling where the Court of Appeal from the High Court of Justice, Business and Property Courts in England, overturned the lower court’s decision, which had exonerated DFCU bank and its

July 30, 2023

Business

Expert Advice: Rubombora Tips Uganda Airlines On How To Break Even, Operate Profitably

Running an airline is one of the most risky ventures in the world and because of this, investors in most cases have to think twice or rather thrice before staking their money in any airline company. The airline business is not only

July 25, 2023

National News

Court Orders Uganda Investment Authority To Cough Millions To Tirupati For Breach Of Contract

Mukono High Court Judge Florence Nakachwa has ordered Uganda Investment Authority (UIA) to pay Tirupati Development Limited sixty million damages and all the money which was paid by the plaintiff in the process of acquiring the land located situated in Goma Division

July 23, 2023

Politics

Parliament Suspends Sittings Over LC Elections Impasse

Speaker Anita Among has adjourned Parliament sittings to an unknown date over the impasse of Local Council (LC) elections. “I am not going to continue on something that is an illegality. Government must advise the country on the way forward. We need

July 21, 2023

Crime·National News

Leaders Demand Fresh Boundary Opening For Sango Bay Sugar Estates As Crisis Deepens

Local leaders in Kyotera district are calling for the opening of fresh boundaries on the former Sango-bay Sugar estates before the implementation of the National Oil Palm project in the area. They argue that the project implementers have crossed beyond the original

July 14, 2023

Business

ANDREW MWENDA: Why Gov’t Decision On Speke Munyonyo Convention Centre Has Been The Best

Recently, I had a debate with some Ugandan friends on the decision of the government to build an international convention center in Munyonyo in partnership with Sudhir Ruparelia. Uganda will host the Non-Aligned Movement (NAM) summit in January 2024. So far, 88

July 10, 2023

News

OP-ED: The Pain Of Being a Banker & What Should Be Done To Better Their Working Environment

By BEINOMUGISHA GODFREY Kampala: For many who have friends, brothers and sisters who are bankers, may understand the life full of pressure and commitment, they leave. As one is at high school campus admires a banker, after graduation luckily enough you are

July 1, 2023

ENERGY & MINERAL RESOURCES

How It Happened As Uganda, South Sudan Seal Electricity Export Deal

Uganda and South Sudan have signed a Power Sales Agreement (PSA) for trade in electricity between the two countries. Trading of electricity across the border is expected to benefit the towns of Oraba and Elegu in Uganda, and Kaya and Nimule in

June 29, 2023

National News

Ugandan Man Working In Europe Left Speechless After DNA Confirms All 6 Children Are Not His

A Ugandan man who works in Europe has been left devastated after finding out that the six children he has been providing for and educating in international schools are not his. The man, whose identity has been concealed, has now applied for

June 27, 2023

National News

How Govt Spent Extra Shs1.4Trillion Last Month

The government spent more money than it had planned in May 2023 despite the continued complaints of unfulfilled obligations especially on salaries and wages. The total planned expenditure for the month was Shillings 2.985 trillion, but it ended up spending Shillings 3.5 trillion

June 23, 2023

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