The former Chairperson of the Committee of Commissions, Statutory Authorities and State Enterprises (COSASE), Abdu Katuntu defended the Committee report on closure of seven defunct banks for not naming individuals who should take responsibility. This is after a number of MPs bashed the report during yesterday’s debate in Parliament, calling
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Nigerian President Muhammadu Buhari has been re-elected for a second four-year term, final results from Saturday's general election show. The 76-year-old defeated his main rival, former Vice President Atiku Abubakar, with a margin of just under four million votes. Mr Abubakar's People's Democratic Party (PDP) has rejected the result. Delays
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More details continue to emerge about the clash between Mengo officials and Dr Kasasa Buwule Mukasa over the ownership of the controversial land in Mutungo, a suburb on the outskirts of Kampala. The woes involving Kampala businessman Dr. Muhammad Buwule Kasasa and the Mengo establishment are not new to many.
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Members of Parliament want Bank of Uganda (BoU) top bosses fired and punished for the mess in handling the closure and sale of seven defunct banks. Prof. Emmanuel Tumusiime-Mutebile, BoU Governor, his deputy, Dr. Louis Kasekende, former Executive Director Supervision, Justine Bagyenda and Benedict Ssekabira among others are the names
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AS Monaco have had to endure a bumpy ride for the better part of this season after a poor string of results. The former French champions sacked Leonardo Jardim for underperforming and appointed former Arsenal hotshot Thierry Henry in a move that was expected to halt the club’s fall from
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The Speaker of Uganda’s Parliament Rebecca Kadaga has warned Benedict Ssekabira, the Director Financial Markets and Development at Bank of Uganda (BoU) against blackmailing Parliament. Kadaga made the remarks i her communication to parliament this afternoon, noting that Ssekabira wrote to her raising concerns on some of the key findings
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Kenya’s Central Bank Governor (CBK) Patrick Njoroge (in featured photo) on Tuesday revealed that 99.3 percent of bank accounts in Kenya have less than Ksh.1million (about UShs37 million), Citizen TV reports. Njoroge, appearing before the Parliamentary Committee on Finance and National Planning on Tuesday, said most Kenyans willingly report on
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Makerere University joint staff associations have asked Parliament to intervene in the affairs of the institution, saying the current environment has infringed on their God-given freedoms. They are calling for autonomy of staff associations. The members of the staff associations led by the leaders of the Makerere University Academic Staff
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The Uganda National Meteorological Authority (UNMA) has released the March To May 2019 seasonal rainfall for Uganda indicating that most parts of the country will have heavy rains. In a statement dated Febraury22, 2019, Dr. Festus Luboyera, the UMNA Executive Director says overall, there is an increased likelihood of near
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Police in Kenya say they have a busted a seven-man syndicate which allegedly impersonated President Uhuru Kenyatta and other government officials to defraud local business tycoon Naushad Merali of a huge sum of money. One of the men phoned Mr Merali, the chairman of Sameer Africa, mimicking the president's voice
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