Finance Minister, Matia Kasaija Parliament Thursday approved two loan proposals by Government to borrow up to USD 600M (Shs2.22 trillion) from the International Monetary Fund (IMF) and Shs4.3 Trillion through domestic borrowing to finance Budget deficit for Financial Year 2020/21. The Proposals were presented to Parliament by the Minister of
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John Gemin, the Emirates Uganda Country Manager Emirates recently resumed flights to Uganda, albeit with a scaled down frequency. We caught up with John Gemin, the Emirates Uganda Country Manager to give us insights into what the aviation sector is currently going through and what it is that they have
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President Yoweri Museveni The International Criminal Court has acknowledged receipt of a petition by Uganda’s Opposition seeking to have President Yoweri Museveni investigated for alleged ‘crimes against humanity’. In a letter to Warren Kizza Besigye dated November 11, 2020, Mark P. Dillon, the head of Information and Evidence Unit at
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By Ian Gumisiriza Jeremiah Wednesday 18th begun like any other Ugandan beautiful day, peaceful and promising. The hardworking, law-abiding citizens headed to their respective places of work to eke out a living while the propagators of chaos and mayhem set on yet another provocative course of action in Luuka. Why
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The spokesperson of the UN Secretary General has revealed that the world body is closely following events in Uganda following the incarceration of presidential hopeful Robert Kyagulanyi aka Bobi Wine. This happened on Wednesday during the daily briefing by Stéphane Dujarric, Spokesman for the Secretary-General. "We are, we've been following,
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The Speaker of Parliament, Rebecca Kadaga has expressed her innermost sadness at events happening countrywide as a result of ongoing campaigns. This after Security Forces fired teargas and live bullets in Uganda’s capital, Kampala, to disperse people protesting against the arrest of Ugandan presidential candidate Robert Kyagulanyi, popularly known as
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Bobi Wine’s supporters are calling for him to be released from police detention/Reuters Teargas and live bullets have been fired in Uganda’s capital, Kampala, to disperse people protesting against the arrest of Ugandan presidential candidate Robert Kyagulanyi, popularly known as Bobi Wine. There is a heavy police presence in different
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The Speaker of Uganda’s Parliament, Rebecca Kadaga (pictured) has described as baseless and malicious the allegations that she had had a hand in the death of Rehema Watongola, former Kamuli Municipality MP. Speaking during a special sitting held to pay tribute to Watongola who passed on at Mulago National Referral
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Keith Kalyegira (C), the CMA CEO addressing the press The Uganda Securities Exchange (USE) total market capitalization fell by 15.7% to Shs19.09 trillion at the end of 2019/20 from Shs22.66 trillion at the close of 2018/19, the Capital Markets Industry Report 2019/20 has revealed. There are 17 companies listed on
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Jackie Aneno Obol-Ochola/ online photo The Board of Directors of dfcu Bank Limited has announced the appointment of Jackie Aneno Obol-Ochola as a Director of the Company with effect from 28th October 2020. According to the statement issued by the bank, Jackie is a Ugandan technology enthusiast and Business Leader.
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