Bank of Uganda (BoU) paid MMAKS Advocates lawyers in foreign currencies despite the fact that the legal advisors had filled their invoices in Uganda shillings, MPs on the Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has established. The MPs on Wednesday accused Bank of Uganda of showing no
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Airtel Uganda has today announced the availability of countrywide 4G LTE connectivity after completing modernization of their network. Upon this investment, Airtel currently boasts of 1,632 sites andover 3,900 kilometers of fiber across Uganda covering 95.9% population, making it possible for subscribers around the country to enjoy an improved experience
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Police say they have arrested six people in connection with the death of Kenyan human rights activist Caroline Mwatha. Director of Criminal Investigations George Kinoti told Kenyan media that police believe she died in an abortion clinic and the suspects took part in or facilitated what appears to have been
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Uganda's President Museveni met with and congratulated President Felix Tshisekedi of the Democratic Republic of Congo (DRC) at the Sheraton Hotel Addis Ababa, Ethiopia. The two discussed key matters in relation to the common border, notably; the ADF and ebola threats, which issues when eliminated could lead to improved relations
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The Landlord and Tenant Bill 2018 largely favours tenants against landlords, Members of Parliament on the Physical Infrastructure Committee have observed. The MPs, who met the Minister of State for Housing, Dr. Chris Baryomunsi, were concerned that the Bill gives tenants more opportunities of negotiation with landlords, saying this would
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Ugandans will be able to buy government securities through a mobile money platform in a move by the east African country to become less dependent on commercial banks and institutional investors for its funding. The government said in a statement on Tuesday that the measure, which was approved at a
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Five people were killed after the light aircraft they were travelling in went down in Kenya’s Rift Valley area. The chartered Cessna plane was headed to Lodwar from the Maasai Mara when the crash occurred. Police told local media that there were three men and two women on board, but
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Parliament's committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has faulted Uganda Registrations Services Bureau (URSB) for not carrying out due diligence during the incorporation of Cooperative Bank in 1997. The Bank was created to replace and take over the assets and liabilities of a previous Bank of the
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In the next three years, top HR executives and employers have asserted that the biggest impact on recruitment will be Technology Augmenting the Hiring Process. In other words, how technology will make the hiring process more effective through easier filtering and more accurate matching. This discovery, along with other invaluable
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One of the world’s largest port operators has sued a Chinese state enterprise in Hong Kong over infringement of its exclusive port agreement with a strategically located African nation, in the city’s first court case involving China’s Belt and Road Initiative. FactWire has obtained a legal filing by United Arab
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