Fresh details have emerged as to why Bank of Uganda (BoU) dropped lawyers from MMAKS and AF Mpanga in mediation talks between Crane Bank (in receivership/BoU) and property mogul Sudhir Ruparelia. Daily Monitor reports that it was the Principal Judge Yorakamu Bamwine who advised Bank of Uganda to appoint new
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Uganda's Leader of Opposition in Parliament (LoP), Winnie Kizza on Saturday afternoon survived death after the vehicle she was traveling in got involved in a nasty accident along Masaka road. According to local news reports, Winnie was traveling to Masaka when the vehicle she was traveling in, a Landcruiser registration
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A Ugandan innovator has won a top Africa innovation award, walking away with US$50,000 (Shs180.49m). Geoffrey Ssekatawa, the founder of Brent Technologies, a lubricant collection and recycling company was 12 winners of the African Entrepreneurship Award 2017 supported by AfriBMCE Bank of Africa. In its 3rd edition, African Entrepreneurship Award
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Dubai-based flydubai’s inaugural flight touched down Friday at Kilimanjaro International Airport, increasing capacity to Tanzania and further expanding its network in Africa to twelve destinations. flydubai will offer six flights a week to Kilimanjaro, three of which are via a stop in the capital, Dar es Salaam and will increase
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The Uganda Shilling remained stable but leaning towards a mild appreciation on the back of inflows from NGOs and Diaspora remittances amid sparse trading during the week ending 15th December 2017. Trading was in range of 3605/3615. This is ahead of Monday’s Monetary Policy meeting which is expected to continue the
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The French Ambassador to Uganda, Stephanie Rivoal has warned Ugandans against unnecessary expenditures, noting that the country can’t develop without a strong savings culture. “Uganda is one of the countries with the lowest savings culture in the word,” Rivoal said, “Ugandans like spending. Majority working class [people] don’t save; only
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The Minister of Science Technology and Innovation has applauded Huawei for technological transformation in Uganda. This happened at the Ntare School Alumni fundraising dinner at Sheraton Hotel Kampala on 13th December where Huawei contributed 15 laptops for information technology boost in Ntare. “I thank Huawei for this wonderful contribution of
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President Yoweri Museveni has blamed Ugandans for the poor state of the economy. He made the remarks on Friday during the annual Thanksgiving Service at State House, Entebbe under the theme "Blessed are the peacemakers for they shall be called children of God". He added that religious leaders should join
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Kenyan born Harvard University Professor, Calestous Juma has passed on in Boston following a battle with cancer. There has been an out pouring of grief for the Kenyan academic and social media influencer Juma. Just like he did alive, he continues to provoke social media reaction across the board even
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Thieves have broken into the cyber unit offices of the Internal Security Organisation (ISO) in Uganda and reportedly made off with a hard disk containing information on the some of the country's high profile murders. [caption id="attachment_6995" align="alignnone" width="595"] Joan Kagezi[/caption] According to reports, the thugs who identity is yet
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