The Parliament of Uganda has okayed Shs550m daily expenditure by State House, Business Focus Reveals. Parliament approved State House budget after adopting a report by the Presidential Affairs Committee of Parliament on the ministerial policy statement and budget expenditure for 2017/2018 tabled by the Office of the President. Recently State House
Read MoreMonth: December 2024
Makerere University Researcher Dr. Stella Nyanzi has asked Buganda Road Court Chief Magistrate, James Ereemye, to halt proceedings in her criminal case until the Constitutional Court pronounces itself on a petition she filed challenging the Mental Treatment Act. The Mental Treatment Act was used by the state as a justification
Read MoreA Chinese consortium has paid $600m (£462m) for the world's second-largest condom maker. Australia's Ansell is selling its condom division to Humanwell Healthcare Group and CITIC Capital China Partners in an all-cash deal. Global sales of its brands, which include Mates, Skyn and Jissbon, lag behind Reckitt Benckiser's Durex. The
Read MoreUganda's government has failed to recover Shillings 54.3 billion that was disbursed to the various youth groups under the Youth Livelihood Program-YLP, a report from the Gender, Labor and Social Development Ministry has revealed. The money is part of the Shillings 64.4 billion disbursed to 8,963 youth groups across the
Read MoreTwo Kenyan banks with operations in Uganda have won the prestigious African Banker Awards for the year 2017. Equity Bank Kenya won the Best Retail Bank Award while KCB Bank walked away with the Best Regional Bank in East Africa. Winners of the 2017 African Banker Awards were announced at a
Read MoreThe Government of Uganda through Ministry of Finance, Planning and Economic Development has finalized plans to increase its shares in Housing Finance Bank (HFB), Business Focus reports. The motion seeking to increase government shareholding in HFB from the current 45% was tabled before Parliament on Wednesday by David Bahati, the
Read MoreControversial Makerere University Don, Dr Stella Nyanzi on Tuesday hinted at launching her search for a lover in an 'emotional' Facebook post. Nyanzi who is out on bail after being held for 33 days at Uganda's Maximum Prison, Luzira on charges of calling President Yoweri Museveni a 'pair of buttocks'
Read MoreUganda's Secretary to the Treasury Keith Muhakanizi says creditors have so much money that they are looking for all ways to lend to the government. He revealed this on Monday saying he receives, on average, 10 requests from creditors every day, both local and international, who want to lend to
Read MoreUganda's Inspector General of Police (IGP), General Kale Kayihura has snubbed summons to appear before Uganda Human Rights Commission-UHRC in the ongoing investigations on the torture of suspects in police custody. UHRC invited Kayihura alongside heads of other security agencies, the Internal Affairs, Defense and Security Ministers to answer queries
Read MoreUganda's Parliament rules, discipline and privileges committee will proceed with an investigation of Frank Tumwebaze, the country's Information, Communication and Technology over his actions regarding simcard registration. According to local news agency, URN, Tumwebaze last week defied a parliament resolution on extending the deadline on simcard verification by a year.
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