President Yoweri Museveni is yet to reappoint Dr. Louis Kasekende (pictured) as the deputy Governor, Bank of Uganda (BoU) for the next five years. Kelvin Kizito Kiyingi confirmed to this reporter on Sunday that Kasekende’s contract will expire on 18 January 2020. This will mark a decade of Kasekende holding
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The newly appointed State Minister for Fisheries, Hellen Adoa (pictured above) is an amiable Member of Parliament. However, since her appointment getting to interview her has not been a walk in the park. This reporter with relentless effort finally caught up with the Minister on Saturday night and had an
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Businessman Richard Maponya (pictured), who was known as the father of black retail in South Africa, has died at the age of 99. Maponya died in the early hours of Monday following a short illness, his family said. "It's been a shock to the family. He was the kind of
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The Stanbic headline Purchase Managers Index (PMI) for the final month of 2019 saw a further improvement in business conditions in the Ugandan private sector. Although the headline PMI recorded 57.7 in December, slightly down from 58.6 in November, private sector players surveyed reported a general improvement in business conditions.
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Bold Cashers Limited, a Ugandan technology company, has set its eyes on making Africa’s economies cashless with Cash Chat, a digital and social network mobile application. The mobile apple now enables users to transfer money across the globe. It also enables users to make money through targeted advertising on top
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The Uganda shilling started off to a flat start amid thin demand and as markets opened for the year. Remittances flow remained the main source of supply. Trading was in the range of 3660/3670 in the week ending January 3rd 2020. In the fixed income market, a Treasury bill auction
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By Alex Masereka In April 2001, the African Union countries met and pledged to set a target of allocating at least 15% of their annual budget to improve the health sector. Uganda’s health challenges include; under funding, under staffing, poor waste management, lack of commitment and underutilization of resources. Despite
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President Yoweri Kaguta Museveni has explained the importance of the Galamba-Bireembo Trek and what exactly happened along this route as the Liberation War was fought. BELOW IS HIS FULL ARTICLE An armed conflict has got four levels: a war; a campaign; an operation; and a battle. All these levels can either be short,
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Three Americans - one U.S. military servicemember and two contractors - were killed by Somalia’s al Shabaab militant group during an attack on Sunday on a military base in Kenya used by both U.S. and Kenyan forces, the U.S. military said. The military’s Africa Command confirmed the deaths and said
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Kyadondo East lawmaker Robert Kyagulanyi aka Bobi Wine has been arrested while trying to launch his consultation meetings. The MP also known as Bobi Wine was arrested on Monday morning in Kasangati in the capital Kampala. Kasangati forms part of his constituency. Last year, Bobi revealed that he will be
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