President Yoweri Museveni has lashed at the World Bank for telling Uganda that countries that "build railways use own money." He said that such a statement from an economist that purports to support Africa's transformation through Private-Sector led growth shows that some actors are not serious. Museveni, who is
Read More
Police has launched an electronic Express Penalty System-EPS for errant drivers. Dr. Steven Kasiima, the Director of Traffic Uganda Police Force, says the Express Penalty System will help to reduce the number of drivers dodging the payment of penalties. He says some drivers have unpaid penalties worth Shillings 5M, which
Read More
Members of the Inter party Organisation for Dialogue (IPOD) Council have met the Speaker of Parliament Rebecca Kadaga to discuss the IPOD resolution of enacting electoral reforms. The iPod is composed of Political Parties including National Resistance Movement (NRM), Democratic Party (DP), Justice Forum (JEEMA), Uganda Peoples' Congress (UPC) and
Read More
Knight Frank Uganda has announced the sale of Metroplex Shopping Mall-Naalya to Gate Way Delta, a Mauritius based real estate developer. In a statement dated 25th June 2019, Marc Du Toit (in featured photo), the Head of Retail at Knight Frank, the managers of the Mall said Gate Way Delta
Read More
The Bank of Uganda (BoU) latest report has detailed the current status of Uganda’s banking sector, showing improvement in key parameters. The Financial Stability Review for the Quarter ended 31st March 2019 shows that Uganda’s financial system stability improved over the quarter ended March 2019. Total Assets and Lending The
Read More
By AFP Italian mafia boss Rocco Morabito has fled prison in the Uruguayan capital Montevideo where he was awaiting extradition to Italy, the interior ministry announced Monday. Morabito and three other inmates "escaped through a hole in the roof of the building" late Sunday. They then robbed the occupants of
Read More
The suspected ringleader of Saturday's failed coup attempt in Ethiopia's Amhara region has been shot dead by police, state media report. Brig-Gen Asaminew Tsige (in featured photo) was killed on the outskirts of Amhara's capital, Bahir Dar, the reports added. Ethiopia's army chief Gen Seare Mekonnen was killed while trying
Read More
Inter Party Organization for Dialogue (IPOD) members want the Electoral Commission to drop the requirement of political aspirants collecting signatures before they are nominated, saying the process is costly. The call was made today by the IPOD Council Chair, Gerald Blacks Siranda while presenting the IPOD electoral and constitutional reform
Read More
Majid Al Futtaim, one of the leading shopping malls, communities, retail and leisure pioneer across Middle East, Africa and Asia, has confirmed that it will open its first Carrefour stores in Uganda before end of this year. Carrefour’s first store will be located at Oasis Mall and is expected to
Read More
A Kenyan cabinet minister has denied plotting to kill Deputy President William Ruto, local media report. Trade Minister Peter Munya was speaking outside the headquarters of the Directorate of Criminal Investigations where he had been summoned, along with two other cabinet ministers, to talk about allegations that they were threatening
Read More
