A diplomatic row is brewing between Kenya and Tanzania just days after the latter banned the exportation of unprocessed foods. President John Pombe Magufuli's government is protesting at Kenya's decision to ban the importation of cooking gas and wheat, saying it is a breach of the East African Community (EAC)
Read MoreMonth: August 2024
Outspoken Ugandan journalist, Andrew Mwenda has hit out, again at the country's opposition kingpin, Kizza Besigye branding the latter's supporters hooligans, much to the chagrin of many. Mwenda made these remarks in a Facebook post on Friday, a day after reggae artist Robert Kyagulanyi aka Bobi Wine had swept the
Read MoreThe Bank of Uganda (BoU) has seconded an interim team of officials to operationalise the Deposit Protection Fund (DPF) that will see bank customers earn Shs3m in case the bank is closed. DPF is a newly established institution following the enactment of the Financial Institutions (Amendment) Act (FIA) 2016. The
Read MoreUganda Development Bank Limited (UDBL) has announced five strategic sectors to enhance their target of achieving the 2nd Development Plan. Speaking at the breakfast meeting held at the Hotel Africana on Thursday, Patricia Ojangole, the UDBL CEO said that the bank has approved Shs70bn to finance key economic sectors. “UBDL
Read MoreUganda’s Parliament has extended the deadline for the mandatory vehicle inspections until it investigates and pronounces itself on the matter, Business Focus reveals. Parliament reached this unanimous decision on Thursday after Mukono County South MP, Johnson Muyanja raised the issue on the floor of Parliament, asking to have the deadline
Read MoreFormer Presidential candidate, John Patrick Amama Mbabazi on Thursday evening abandoned the comfort of his political oblivion to congratulate newly elected Kyadondo East lawmaker. Amama who has been off the political scene since he lost the presidential election to his former boss, President Yoweri Museveni in February last year took
Read MoreProf. Venansius Baryamureeba has rejected the Makerere University Vice Chancellor search results, describing them as ‘sham’. “As one of the candidates who participated in the search process for the Vice Chancellor of Makerere University, I have overwhelming evidence to show that search committee report that was used as a basis
Read MoreUgandan reggae artists, Robert Kyagulanyi aka Bobi Wine won a landslide victory in the Kyadondo East By-election. Bobi garnered 25,659 (77%) while NRM's Sebalu got 4556 of the votes. FDC's Kantinti managed 1832 of the 33310 votes cast. The other candidates in the race were; Muwada Nkunyingi, an FDC leaning independent,
Read MoreControversial Ugandan academic, Stella Nyanzi has asked parliamentary hopeful, Robert Kyagulanyi aka Bobi Wine to share weed with lawmakers when he makes it to the August House in order to free up their minds. Nyanzi made these remarks in a Facebook post on Thursday, the day Kyadondo East residents cast
Read MoreThe Kenyan government has delayed plans to start crude oil production and exports until the government passes an amended law that includes setting out how revenues will be shared between national and county government and local communities. The law is expected to be in place by late September, when a
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