Parliament has granted Igara County East MP, Micheal Mawanda, leave to introduce a private member’s bill that seeks to amend Article 161 of the Constitution to remove the Governor and Deputy Governor Bank of Uganda from serving as chairperson and deputy chairperson of the board of directors respectively. According to
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Ugandan Small and Medium Enterprises (SMEs) have been advised to exploit the regional markets and opportunities in order to grow their companies. Speaking at the celebrations to mark 11 years of the Daily Monitor organised Top 100 Mid-sized Companies at Sheraton Hotel on Wednesday morning, Uganda Investment Authority (UIA) Acting Director
Read MoreThe Ugandan Government through the Deputy Attorney General, Mwesigwa Rukutana has asked couples in marriages conducted by Bugolobi based Anglican Church of Resurrection to conduct fresh marriages because the Church wasn’t licensed/ gazetted. During today’s plenary sitting, Rukutana said there is no remedy that couples wedded by sham Churches can
Read MoreMuseveni To Foreign Companies: Report Corrupt Officials To Your Ambassadors, We’ll Uproot The Weevils
Uganda's President Yoweri Kaguta Museveni on Wednesday addressed the #TICAD7 conference plenary held under the theme, “Accelerating Economic Transformation and Improving Business Environment through Innovation and Private Sector engagement”. In his address, Museveni advised foreign comapnies in the country to reports to their respective ambassadors cases that involve Ugandan officials
Read MorePrioritizing the digital space will help shift the development focus for Africa’s agribusiness sector and overcome its many hurdles, participants at an official side event, organized Wednesday during the 7th Tokyo International Conference, heard. The seminar headlined “The Digital Africa 2020 and Japanese investment Panel: Creating markets to digitize Africa,
Read MoreFrustrated Businessman Reveals How Bagyenda, BoU Bosses Illegally Sold His Property
Aging businessman Chris Tushabe has accused several Bank of Uganda (BoU) officials of frustrating his efforts at having access to his bank accounts details following the closure of defunct Cooperative Bank. Appearing before the Committee of Commissions, Statutory Authorities and State Enterprises (COSASE) today, Tushabe accused t Justine Bagyenda (in
Read MoreEcobank Transnational Incorporated (“ETI”) has announced that IFC and the funds managed by the IFC Asset Management Company (“AMC”) have completed the sale of their c.14.1 percent stake in ETI to Arise B.V. (“Arise”). Accordingly, Arise has become a shareholder of reference in ETI with a c.14.1 percent stake. J.
Read More2021 Roadmap: EC Rallies Ugandans To Register, Confirm Details On National Voters Register
The Election Commission (EC) has launched a sensitization exercise aimed at appealing to voters to confirm their names and polling stations in order to have smooth general elections in 2021. It is EC’s mandate to reorganize polling stations and placing voters in the right polling stations in an electoral area.
Read MoreSupporters of the controversial Genetic Engineering Regulatory Bill 2018 have suffered another blow after President Yoweri Kaguta Museveni refused to assent it into law for the second time. The bill which was previously known as The National Biotechnology and Bio Safety Bill 2012 was first rejected by the president in
Read MoreUganda’s Security Minister, Gen. Elly Tumwine has admitted the existence of ‘Safe Houses’ that are referred by many as detention torture chambers. He further told off MPs on the Parliamentary Committee on Human Rights that they have no mandate to visit some security places especially the ‘Safe Houses’, saying that
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