President Yoweri Museveni said has warned leaders of Effumbe clan against imposing on late Professor Apolo Nsibambi’s family a lousy heir just because he is a male. Museveni noted that as much as lawyers had fronted many legal arguments about the subject, all that he cares about is the legitimacy
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Uganda's finance Minister, Matia Kasaija on Thursday unveiled the country's shs40.5tn budget for the Financial Year 2019/20. In a speech delivered at Kampala Serena Hotel, Kasaija said Domestic revenue projections in the next FY amount to UGX2 0.4 trillion. He added that Uganda Revenue Authority (URA) will collect all government
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Kenya's interior ministry has ordered the deportation of seven Chinese nationals who are described as having "flagrantly flouted immigration rules". This comes after a public tip-off that they were working at a large second-hand clothes market in the capital, Nairobi, without the right paperwork, a statement says. Officers found that
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By Bahikire Daraus Good morning madam Honorable, I hope this letter finds you in good health. And if not erroneous, you are the shadow minister for Kampala and simultaneously the spokesperson of the Peoples’ government as so labeled. I root to tag along on you quite often on many media
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A group of Ugandans have denounced the move by Hon Mubarak Munyagwa, the COSASE committee chairperson to use more tax payers' money to re investigate the already completed probe into the closure of the seven banks by the Central Bank. The latest is the Uganda Poor Youth Movement a platform
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By Kainomugisha Caroline The recently concluded State of Nation Address (SoNA) delivered by H.E Yoweri Kaguta Museveni on 6th June 2019 as is expected of him annually addressed many issues. In his introduction, he highlighted that the economy has grown at an average of 6.92% and the per capita income
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Many Ugandans are increasingly taking on commercial farming. Some have made unprecedented losses because they don’t do their homework right. So, what does it take to become a successful farmer? The tips below will help you become a better and successful farmer. Think Big The Agriculture sector and the world
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Who are Uganda’s biggest lenders? This is exactly what you’re going to find in this article. According to 2018 commercial banks’ figures exclusively analysed by Business Focus,the 24 operating commercial banks in Uganda advanced Shs13.31 trillion in loans to customers, up from Shs11.89 trillion in 2017. This represents a growth
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The Bank of Uganda Governor Emmanuel Tumusiime Mutebile has advised the general public to take note of the changes made by the Central Bank of Kenya on its currencies. In a media release circulated on June 11, Mutebile urged the public to be vigilant when transacting in the Kenyan currency.
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The uncertainty surrounding power distributor, Umeme Limited’s license renewal has badly affected the stock exchange, the Uganda Government has revealed. According to the Background to the Budget for Financial Year 2019/20 released by Ministry of Finance, Planning and Economic Development, equity turnover at Uganda Securities Exchange (USE) declined by 73
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