Former BoU Executive Director-Supervision, Justine Bagyenda and the then Director Financial Markets at BoU, Bernard Ssekabira (R) appearing before the COSASE probe. A report by the US state department has noted with disappointment that more than a year after the parliamentary committee on Commissions, Statutory Authorities, and State Enterprises (COSASE)
Read More
The continued spread of coronavirus across the world could jeopardise Uganda's general elections next year if court grants a one Abbey Mgugu's request. According to an affidavit seen by this publication, Abbey wants the High Court to declare a state of emergency in the country and compel the Electoral Commission
Read More
Uganda is again in the spotlight for gross human rights violations, according to the 2019 country report on Human Rights Practices. The report was released by the United States (U.S) Department of State on Wednesday, March 11, 2020.Michael R. Pompeo, U.S Secretary of State says the report addresses situations and
Read More
Uganda’s gold exports more than doubled in 2019 compared with the previous year, according to data from the central bank seen by Reuters on Wednesday. An official attributed the surge to soaring demand for bullion and larger refining capacity. The east African country shipped $1.25 billion worth of gold last
Read More
Uganda's Speaker of Parliament Rebecca Kadaga has suspended a lawmaker who recently travelled from South Korea and did not self-quarantine himself. The suspended MP is Kilak North MP, Anthony Akol who was asked to exit the chambers on Thursday. "I've just ordered Kilak North MP, Anthony Akol, to exit the
Read More
Uganda's Health Ministry Permanent Secretary has won the praise of Ugandans over her recent supervision tours across the country. Dr Diana Atwine who on Monday ended her supervision across the country to assess access to health services, has been lauded for the move with many hoping it will inspire other
Read More
By AFP Stock markets plunged around Asia on Monday, as panic selling set in with traders fretting over the economic impact of the new coronavirus and digesting a free-fall in the oil price. By mid-morning, the benchmark Nikkei 225 index had dropped 5.10 per cent or 1,058.06 points to 19,691.69,
Read More
Unemployment has risen steeply while agricultural exports have dropped, pulling down Kenya’s overall growth projection for 2019 to 5.6 per cent from 6.2 per cent. Coupled with this is diminishing access to credit for businesses, rising inflation and the taxman’s missed revenue targets, a clear indication that businesses are not
Read More
Shocking details have emerged of why Charles Odongtho quit as talk-show host of the popular NBS Frontline show. Highly credible sources in the corridors of the Kamwokya based TV station have intimated to us that reports of Odongtho's departure are true and there are various reasons related to his exit.
Read More
The exodus of employees at NBS TV seems to have no end in sight with the reported resignation of Charles Odongtho. Charles has been host of political talk-show, 'NBS Frontline.' However, he has not featured on the show for the past two weeks raising speculation about what could have happened.
Read More
