Government is in advanced stages of signing Memorandum of Understanding (MoU) with more countries in Asia and other parts of the world. This is aimed at expanding labour export in those countries as well as improving the welfare of young Ugandans and the economy at large. The Chairman of the
Read More
The Bank of Uganda (BoU) Governor, Prof. Emmanuel Mutebile is clueless about crypto-currencies, Minister of Finance, Matia Kasaija has said. Kasaija says he is worried about how Uganda Revenue Authority will tax this form of digital currency. The Minister described digital taxation as a challenge, saying the rate at which
Read More
The National Planning Authority (NPA) Executive Director, Dr. Joseph Muvawala (pictured) has threatened to resign his position over Government’s continued failure to implement the Authority’s plans. “I should retire from the National Planning Authority because we don't make sense to plan, plan and plan. We never implement what we plan.
Read More
The Bank of Uganda (BoU) Governor, Prof. Emmanuel Tumusiime-Mutebile (pictured) has provided an assessment of the banking sector in the recent past, the present, and where it is going. He gave the status of the banking sector during the 2019 Annual Dinner for the Uganda Bankers’ Association (UBA) held on
Read More
A pilot in Zambia performed a heroic feat on Monday when he managed to safely land a Dash 8-300 plane, with 41 passengers on board, after it was hit by a hailstorm and lightning. The incident happened as the plane, which belongs to local airline Proflight, was approaching the capital,
Read More
Regional low-cost carrier Jambojet has made its inaugural flight to Kigali, officially becoming the first low-cost carrier to fly the route. The airline, which recently expanded their fleet with two brand new De Havilland Dash 8 - 400 to cater to their expansion, will be flying once daily from its
Read More
The Ministry of Finance is set to release Shs20 billion for emergency response to areas which have been recently hit by flooding. The Minister of State for Finance (Planning), Hon David Bahati who was responding to a Shs43 billion request from the Ministry of Disaster Preparedness, said that all that money
Read More
Uganda Revenue Authority (URA) has been recognized as the most innovative institution in East Africa at the regional Chief Information Officer (CIO) 100 East African Awards 2019. URA’s Assistant Commissioner- IT James Kizza was also awarded the Chief Information Officer (CIO100) of the year 2019 in East Africa for his
Read More
It is now three years since violence erupted on 26th November 2016 in Kasese when Police raided the Rwenzururu Kingdom before being beefed up by UPDF under the command of then Major General Peter Elwelu, who has since been to Lieutenant General for handling the Kasese massacre. Following the raid,
Read More
Former employees of Nakumatt Supermarket have petitioned Parliament over their unpaid entitlements following the closure of the store two years ago. The employees led by Dennis Angura, presented their petition to the Speaker of Parliament, Rebecca Kadaga on Monday, 25 November 2019. The petitioners said that Nakumatt Uganda registered a
Read More
