Africa’s largest multilateral lender the African Development Bank board says it has not asked its president, Akinwumi Adesina, to step down. It said it was treating allegations levelled against Mr Adesina with the seriousness they deserve after the US rejected findings of a probe made into allegations of favouritism against
Read MoreMonth: December 2024
Uganda’s Ministry of Health has announced 36 new COVID-19 cases from samples of May28, 2020. The total confirmed cases are now 317. “24 new cases are truck drivers-20 arrived via Elegu, 2 via Malaba and 1 was from Lia Point of Entry in Arua,” Health Ministry said. For updates and
Read MoreDiamond Trust Bank Staff at Busia border Banks have started equipping their staff at border points with protective gears as COVID-19 cases from truck drivers increases. Border points have become high risk areas in recent weeks posed by truck divers entering Uganda from Kenya and other points. Diamond Trust Bank
Read MoreThe local currency traded flat against the dollar on muted demand. The shilling was on one hand supported by end month flows from charities and coffee export flows coupled by BOU liquidity mop up operations that took out 839 billion equivalent to 222 million USD. In interbank shilling market overnight
Read MoreKampala Capital City Authority (KCCA) Thursday issued guidelines for public transport re-opening following suspension in an effort to fight the spread of COVID-19. Below are the guidelines; 1. With effect from today 28th/5/2020, all taxi operators should report to KCCA to be assigned the parks/stages and routes where they
Read MoreTullow Oil plc (Tullow) has today announced that CNOOC Uganda Limited (CNOOC) has informed both Tullow and Total that it will not pre-empt the sale of Tullow’s assets in Uganda to Total. On 23 April 2020, Tullow announced that it had agreed the sale of its assets in Uganda to
Read MoreKenya's President Uhuru Kenyatta (pictured) has revealed how his son violated a government dusk-to-dawn curfew order issued to prevent the spread of coronavirus. He said one of his two sons, whom he did not identify, recently went out to party at night in the coastal city of Mombasa - an
Read MoreNormal operations in the Courts in Uganda shall have to wait until the general opening of public transport, the Chief Justice, Bart M. Katureebe (pictured), has said. The directive is contained in the Revised Contingency Measures to Prevent and Mitigate the Spread of COVID-19 in the Judiciary Circular issued on
Read MoreINTERVIEW: Hotel Owners Boss Says Hospitality Industry To Lose Shs6Trn This Year As 400k Staff Sent On Leave
The Executive Director of Uganda Hotel Owners Association (UHOA), Jean Byamugisha has revealed how COVID-19 has hit hard Uganda’s hospitality industry. She says hotels in Uganda have so far furloughed over 400,000 staff. A furlough is a temporary leave of employees due to special needs of a company or employer,
Read MoreMembers of Parliament have opposed the re-opening of schools for candidate classes citing ill preparedness by government, schools and parents. President Yoweri Museveni in his recent address directed that schools to re-open for candidate classes as one of the measure of easing the coronavirus lock down. For updates and latest
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