Parliament has summoned Microfinance Support Centre (MSC) bosses to explain their refusal to hand over Shs7bn to teachers SACCO. Appearing before Parliament Public Accounts Committee (PAC) on Tuesday to answer audit queries raised in the June 2016 Auditor General’s report, Alex Kakooza , the Permanent Secretary, Ministry of Education and
Read More
Penetration of formal banking services remains out of reach of the ordinary Ugandan with only about 20% of the population banked. MTN Uganda’s Mobile Money continues to drive the financial inclusion agenda in Uganda and a year ago in partnership with Commercial Bank of Africa (CBA) introduced MoKash, a micro
Read More
Uganda’s Ministry of Education and Sports officials were on Tuesday grilled by MPs on Parliamentary Public Accounts Committee (PAC) as to why they gave Shs2.1bn to private universities PAC summoned the Education Ministry officials following a revelation by Auditor General, John Muwanga that the Ministry transferred Shs2.19bn to six private
Read More
Uganda's Deputy Chief of Defence Forces (CDF), Lt Gen. Wilson Mbaddi Mbassu and other senior UPDF officials on Tuesday morning met with US Congress Officials led by The US Ambassador to Uganda HE Deborah R. Malac. The Congress team and their host met at the MODVA/ UPDF Headquarters-Mbuya. Among the
Read More
Yvonne Namaganda, one of the pupils who perished in the Buddo Junior School fire in 2008 is among seven people Kabaka Ronald Muwenda Mutebi II has awarded Buganda Kingdom's highest honour. Other recipients of the Order of the Shield and Spears or Ekitiibwa ky'Amafumu n'Engabo include Joseph Mulwanyamuli Ssemwogerere, the
Read More
Insurance regulators from the East African Community meet in Arusha on Thursday in efforts to adopt common regulatory standards meant to protect policyholders and ensure stability of the sector. The meeting, called by the East African Insurance Supervisory Association (EAISA), will explore emerging issues including common regulatory standards, according to
Read More
There is still controversy over the exact number of Ugandan soldiers killed in Somalia by the al Qaeda-linked al-Shabaab militants during their July 30 attack. The Ugandan soldiers were killed in an ambush by the insurgents during an African Union Mission in Somalia (AMISOM) patrol. The ambush spot is reported
Read More
More than 20 children, who were picked off the streets in Kampala and enrolled in a school in Kamwokya, are facing a grim future after their sponsor reportedly abandoned them. The pupils were sponsored by Street Child Care Uganda (SCCU), an NGO that picks children from the street, rehabilitates them
Read More
The wife of Zimbabwean President Robert Mugabe is facing legal action after being accused of attacking a young woman at a party in South Africa. Grace Mugabe, 52, allegedly beat Gabriella Engels, 20, with an extension cord after finding her in a hotel with her sons Robert Mugabe Jr, 25, and
Read More
The desperate dig for survivors is resuming in Sierra Leone's capital, after mudslides and floods claimed the lives of more than 300 people. Their homes in Freetown were engulfed after part of Sugar Loaf mountain collapsed following heavy rain early on Monday morning. Many of the victims were still asleep
Read More
