The Minister of General Duties-Office of the Prime Minister, Mary Busingye Karooro Okurut has attributed Uganda’s development to President Yoweri Museveni and his wife, Janet’s love for God, revealing that the couple’s strong relationship with God is what has sustained their stay in power. Karooro made the remarks today while
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An investigation into the alleged breach of minimum broadcasting standards by 13 broadcasters has found a number of them culpable and recommended a range of actions, including asking them to show cause why Uganda Communications Commission shouldn’t revoke their licenses. NTV, NBS, BBS, Bukedde TV and Radio Sapientia must all
Read MoreBy AFP HSBC is planning to lay off up to 10,000 staff, a report said Monday, just weeks after announcing the resignation of its chief executive and the cutting of 4,000 posts citing a weak global outlook. The latest losses, mostly in high-paid roles, are part of a fresh cost-cutting
Read MorePanic has gripped residents of Musanze district in northern Rwanda after assailants killed 14 people last week. “The situation is terrible, we are very afraid that they might come back and kill those who escaped, we do not sleep anymore”, Isaac Niyonshuti, a trader in Kabazungu area, told the BBC.
Read MorePhiona Bridget Kyeru, 22, an Accountant from Busoga region has been crowned new Miss Tourism Uganda 2019/20, beating 24 contestants at the Grand finale held at Serena Hotel, Kampala on Friday, October 4. Premah Prossy Agwang emerged first runners-up while Jean Coprise Akullo emerged 2nd runners-up. Kyeru also walked away
Read MoreEast Africa’s Got Talent: Ugandan Sibling Duo Win Shs184m Cash Prize
Ugandan siblings Esther and Ezekiel Mutesasira (pictured) have been crowned the winners of the first edition of East Africa's Got Talent in a contest that drew participation from four regional countries. The singing duo won a cash prize of $50,000 (UShs184m) in the Sunday night finale that had six contestants.
Read MoreWorld Bank Report Calls For More Transparency Over Ugandan Rising Debt
The World Bank has called for more transparency from African countries when it comes to managing their external debt. In a new report released last week, the World Bank says that “for both borrowers and creditors to safeguard debt sustainability, and for governments to design effective macroeconomic policies, debt transparency
Read MoreAgriculture Minister Vincent Bamulangaki Ssempijja (pictured) has encouraged farmers to embrace modern farming practices in order to guarantee improved and increased coffee production. Ssempijja was speaking at the celebrations to mark the International Coffee Day held at Ankole Coffee Producers Union offices in Kabwohe - Sheema Municipality on October
Read MoreThe Bank of Uganda (BoU) Governor, Prof. Emmanuel Tumusiime-Mutebile will tomorrow Monday October 07, 2019 issue the Monetary Policy Statement for the month of October. The BoU has for several months maintained the Central Bank Rate (CBR) at 10%. The CBR is a benchmark lending rate for commercial banks. According
Read MoreOld Mutual’s Bitter Feud With Its Fired CEO Splits Shareholders
Old Mutual Ltd. shareholders are split on whether the South African insurer should pony up and settle with Chief Executive Officer Peter Moyo (pictured) or run the risk of a 250 million rand ($16.5 million) damages claim. All Weather Capital (Pty) Ltd. is up for a settlement if it will
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