The Legal and Parliamentary Affairs Committee yesterday started scrutunising the electoral reforms tabled by Government, with the proposal to regulate independents vying for elections receiving fierce rejection from the lawmakers. It is worth noting that Attorney General, William Byaruhanga recently tabled five bills in response to recommendation by Supreme Court
Read MoreMonth: June 2025
Law Development Center (LDC) pre-entry exams for this academic year hang in balance after Minister of Justice and Constitutional Affairs, Kahinda Otafiire admitted that Government has no single penny to organize them. The Minister made the revelation yesterday while appearing before the Legal and Parliamentary Affairs Committee to introduce the
Read MoreUgandan MP and musician Bobi Wine has been charged with intending to annoy, alarm or ridicule the president. The new charge is an addition to a previous charge of treason. In an alleged incident that led to his arrest, the MP and his colleagues are accused of hurling stones at
Read MoreStanbic Bank Uganda recorded exceptional half year results, posting a 39.5% year-on-year increase in its Profit After Tax which grew from UGX 96.1 billion in June 2018 to UGX 134 billion at the end of June 2019. Commenting on the bank’s performance, Patrick Mweheire, Chief Executive Stanbic Bank said, “We’ve
Read MoreUganda has started its largest-ever trial of a preventive Ebola vaccine, an official said on Monday, amid fears of a potential spillover of the deadly hemorrhagic fever from neighbouring Democratic Republic of Congo. The East African country has been on high alert since two people, part of a family visiting
Read MoreJeff Bezos Wealth Hits Shs406Trn After Unloading Another Shs3.6Trn Worth Of Amazon Shares
Amazon founder and CEO Jeff Bezos sold over 530,000 Amazon shares in the first two days of August for $990 million (UShs3.6 trillion). After taxes, he will net an estimated $750 million (UShs2.76 trillion) in cash from the sales. The sales on August 1 and 2 followed $1.4 billion (after-tax)
Read MoreREPORT: Lending Rates Decline Marginally To 20.2% As Private Sector Credit Growth Picks Up
Commercial banks’ lending interest rates declined marginally to 20.2 percent in the quarter to April 2019 compared to 20.7 percent recorded in the quarter to January 2019, the State of the Economy Report June 2019 released by Bank of Uganda (BoU) says. This report presents domestic and external economic developments
Read MoreHow Tanzanian Billionaire Dewji Is Transforming Simba SC; Club Investing Shs9bn Annually
On Tuesday fans of one of Tanzania's oldest clubs will gather at the National Stadium in Dar es Salaam to celebrate "Simba Day". It is the culmination of "Simba Week" and features a friendly for the senior team against Zambia's Power Dynamos as well games for the under-20 and women's
Read MoreTwo Ugandan Scientists Selected Among Africa’s Top 25 Next Einstein Fellows
The Next Einstein Forum (NEF) today announced its third Class of NEF Fellows, 25 strong scientists, all under 42 years, whose research and innovations are contributing to solve Africa's and the world's most pressing challenges. "I am excited to announce the 3rd class of NEF Fellows for two reasons. The
Read MoreOne of the most popular agribusinesses in Uganda is fish farming. Gone are the days when the only means of getting fish was by catching it from local Lakes, Rivers and swamps through trial and error. Today, the modern farm practice has made it possible to grow fish in the
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