Dr. Tanga Odoi, the outspoken the ruling National Resistance Movement (NRM) party Electoral Commission Chairman has described the newly launched Alliance for National Transformation party (ANT) headed by Mugisha Muntu as a Non Government Organisation (NGO) that can easily capture power from incumbent President Yoweri Museveni. While addressing journalists at
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The Parliamentary committee on Commissions, Statutory Authorities and State Enterprises (COSASE) Chairperson, Mubarak Munyagwa has started biting after summoning Keith Muhakanizi, the Secretary to the Treasury, over Bank of Uganda (BoU) operations. This is after BoU Deputy Governor; Dr. Louis Kasekende failed to produce a letter from Muhakanizi appointing Governor,
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After recording an impressive growth of 42% in business and 58% in assets in 2018, Sanlam Life insurance has offered a bonus of 8% to its policy holders. The Sanlam Life Chief Executive Officer, John Lintari attributed the growth to increased awareness in the market for life insurance and the
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Former Prime Minister, Apolo Nsibambi is dead. Nsibambi was born on November 27, 1938, to Simeon Nsibambi, a historical Anglican Church clergyman famed for being one of the two leaders of the East African Revival Movement. He was educated at King’s College Budo, graduated with a bachelor of science degree
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Kenya is negotiating with the World Bank for a $750 million loan for budgetary support, documents on the proposed funding posted on the lender’s website showed on Tuesday. The East African nation has multiple development funding programmes, worth billions of dollars, with the Washington-based lender, but the funding bypasses the
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Rwanda has cautioned its citizens especially residents of Tabagwe Sector against using irregular, porous borders to cross into Uganda for any reason, with officials saying that they cannot assure them of their security once they have crossed, State-owned TheNewTimes reports. This was during a meeting with the residents around the
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The Bank of Uganda Deputy Governor, Dr. Louis Kasekende has urged government to nurture local based businesses to reduce on over reliance on foreign companies, arguing that any slightest sign of instability can adversely affect the economy. He made the remarks while presenting at the International Monetary Fund (IMF)’s April
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Agronomists and coffee marketing agents from Kenyan have raised the red flag over the use of a weed killer suspected to cause cancer, Business Daily reports. The two parties say 2,4-D and Bayer’s Roundup, which are used to eliminate weeds in coffee, tea and sugarcane among other crops, are harmful
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dfcu Bank has made a contribution of Shs15 million to Gulu Archdiocese ahead of the Uganda Martyrs Day celebrations slated to take place on 3rd June. The cheque was handed to His Grace Archbishop Dr. John Baptist Odama by dfcu Bank’s Regional Manager - Northern Uganda, Christopher Kinyera. Commenting while
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Uganda National Bureau of Standards (UNBS) has received a donation of electrical testing laboratory equipment that conducts tests on solar Photovoltaic (PV) equipment from the Department for International Development (DFID) through the United Nations Capital Development Fund (UNCDF). According the statement issued by UNBS on 24th May 2019, it states
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