Some of the confisicated drugs Uganda Revenue Authority has impounded drugs that were being smuggled into the country through Entebbe International Airport. URA’s non-intrusive inspection scanner at the airport identified the hidden drugs in the personal belongings of Kizigo J. Farouk, a regular Ugandan trader. Simon Esunget, the URA Manager
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The Attorney General, Kiwanuka Kiryowa The proposal by Micro Finance Deposit Institutions (MDIs) to use the word ‘bank’ in their names has been rejected by Parliament on grounds that the move would cause confusion not only in Uganda’s banking sector but also attract legal battles across the world. This was during the consideration
Read MoreState for Finance (General Duties), Henry Musasizi MPs have protested the proposal by both the Ministry of Works and Ministry of Gender to inject over Shs6bn in the construction works and repairs at two religious facilities, saying the expenditure is outside the priorities of Uganda at the moment. In the documents
Read MoreThe Deputy Executive at National Planning Authority (NPA), Charles Olweny Ojok has urged technology entrepreneurs and organizations to embrace shared digital platforms that were showcased today at Serena Hotel, Kampala. The platforms bring multiple service providers, ranging from input suppliers, insurance companies, financial services providers together to serve young farmers.
Read MoreGuests including Hon. Thulagano M. Segokgo, Minister of Communications, Knowledge and Technology of Botswana (second from the left), Debswana's Head of Information Management Molemisi Nelson Sechaba (third from the left) and Xu Jun, Chief Technology Officer of Huawei Mine BU (first from the left) attended a media roundtable themed on
Read MoreSpeaker Among Admits Getting OPM Iron Sheets, Blames Minister Kitutu & Tells Her To Carry Own Cross
Speaker Among (L) interacting with lawmakers Speaker Anita Among has admitted receiving the controversial OPM iron sheets but she has put the blame on the embattled Minister for Karamoja Affairs, Mary Kitutu. The Speaker says Kitutu should not drag other Ministers and government officials into the theft and disappearance of relief iron sheets
Read MoreSpeaker Anita Among (pictured) has claimed that Uganda isn’t in need of money brought into the country to promote homosexuality and announced plans to introduce yet again the Anti-Homosexuality Bill into Parliament tomorrow. The Speaker made the remarks during the Ecumenical Thanksgiving Service held at Parliament where she announced plans
Read MoreBanks Extend More Loans To Customers As Economic Recovery Continues, NPLs Reduce
Banks are lending more to customers/Courtesy photo The value of credit approved by banks for disbursement in December 2022 amounted to Shs1.58 trillion, an increase from Shs 1.139 trillion the previous month, Ministry of Finance’s Performance of the Economy Monthly Report for January 2023, says. “This represents an approval rate of 77.6% in comparison to
Read MoreProfessor Eraibu Lugujjo Professor Eraibu Lugujjo, a distinguished educationist, has suggested that the education policy review commission ought to eliminate the prevailing fixation on marks and scores in the education system. According to Prof. Lugujjo, who previously served as the vice chancellor of Ndejje University and now the Executive Director
Read MoreTowards a More Open and Accountable Future: The Role of Regulation and Transparency In The Blockchain Industry
By Nadeem Anjarwalla For the cryptocurrency industry, 2022 was a year of immense upheavals, causing governments, consumers, and other associated stakeholders to question the debated topics of trust, credibility, and user protection in the cryptocurrency industry. Overall, this has created a need for organizations and leaders within the space to
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