The Tony Elumelu Foundation has hosted Europe's leading financial institutions and Think Tanks in the Belgian capital Brussels with an aim of fostering economic relations between Africa and the European Union. At a time when Europe’s relationship with Africa is high on foreign policy and developmental agendas and with the
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The Bank of Uganda (BoU), the regulator of Uganda’s banking industry has spoken out for the first time on ongoing investigations into the alleged mismanagement of PostBank. In a statement dated April12, 2019, the Central Bank acknowledges that following a petition to the State House Anti-Corruption Unit, by a whistleblower,
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The Ministry of Finance has called for increased regulations of the betting industry arguing that if regulated to its fullest, the sector can contribute to the growth of the economy. The proposal was made by Betty Kasimbazi, Under Secretary, Ministry of Finance today while interfacing with MPs on the Finance
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The State Minister for Veteran Affairs in the Ministry of Defence, Bright Rwamirama has revealed that going forward each tourist car will have Police for protection. The Minister made the remarks while appearing before the Defense and Internal Affairs Committee where MPs questioned the Army on the recent kidnap of
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Whistle-blowers, who claim to be working with the Inspectorate of Government have petitioned the State House Anti-Corruption Unit led by Col Edith Nakalema to investigate the office of the Inspector General of Government (IGG) over alleged irregular recruitment of Inspectorate Officers, unprecedented corruption, impunity and maladministration . Dated March3, 2018,
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The United Nations human rights office called on Sudan on Friday to cooperate with the International Criminal Court (ICC), which issued an arrest warrant for deposed President Omar al-Bashir for alleged war crimes nearly 15 years ago. “We do encourage the authorities in Sudan to fully cooperate with the ICC,
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High Court in Kampala has called for written submissions in a case challenging the deportation of Wim Vanhelleputte, the Chief Executive Officer of MTN Uganda. The Belgian was deported on February 14, on the orders of the Internal Affairs Minister, Gen Jeje Odong making him the fourth employee of
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The Government of Uganda has revealed new measures and steps being taken to increase coffee production and consequently transform the economy. The new measures were revealed by Vincent Bamulangaki Ssempijja, the Minister for Agriculture, Animal Industry and Fisheries while addressing the press at the Uganda Media Centre yesterday. The Minister
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African Alliance Uganda Ltd has exited Uganda’s stock market after 15 years of offering brokerage services. The company is licensed by Capital Markets Authority (CMA) as a Stock Broker and Investment Advisor. However, at the end of this month, the company will cease to operate its stock brokerage business arm
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The Uganda National Bureau of Standards (UNBS) has spoken out on the allegations that Bahari and Pearl salt brands are tasteless and don’t dissolve easily. The above allegations were made by Kilak North County Member of Parliament, Gilbert Olanya (in featured photo with the salt brands in question) on the
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