Police say taxis and boda bodas dominate 3rd Party Insurance fraud Uganda’s insurance industry is struggling to deal with the high levels of evasion of the Motor Third Party Insurance, a compulsory insurance policy for all motor vehicle or motorcycle owners. The insurance industry players say bodaboda riders or owners,
Read More
Kenya’s Public Debt Management Office Director General, Haron Sirima. FILE PHOTO | NMG Kenya is considering using funds from the International Monetary Fund (IMF) to repay Chinese loans after it dropped an earlier request to defer debt payments. The Treasury says it could use its additional allocation of IMF reserves in
Read More
MPs interacting with Housing Finance Bank top management The Parliamentary Committee on Finance has hailed Housing Finance Bank for the good performance over the years and the important role played in reducing the housing deficit in Uganda. This was during a meeting held on 16th September 2021 in which the Housing
Read More
The Secretary to Treasury, Ramathan Ggoobi (pictured) has assured Ugandans in the diaspora that Government has no intentions of taking over or even taxing unclaimed balances in dormant Bank Accounts or Mobile Money Accounts. Ggoobi made the remarks while addressing members of the Uganda North America Association (UNAA), a body formed by Ugandans in
Read More
The Parliament Committee on Education has approved a 529 billion shillings loan for the Ministry of Education to construct schools in several sub-counties. According to the Ministry, 116 schools will be constructed out of which 84 schools will be in non-refugee hosting districts while 32 new schools in the refugee-hosting
Read More
The Managing Director of Absa Bank Uganda, Mumba Kalifungwa (pictured) has called for creativity of purpose driven innovations to enhance equitable service delivery for sustainable growth in the banking sector. Mumba said this during the 12th Edition of the Annual CEO Forum 2021 held under the theme ‘Innovating for Shared Value –
Read More
The ministry of education says there is nothing new to benchmark about from Uganda's neighbours that have been able to reopen schools apart from mobilizing and scaling up on the uptake of the Covid-19 jabs for the targeted groups.Several educationists and some members of the public have been blaming and
Read More
David B. Ofungi Energy is a key driver for economic growth and development across all economies. It is the catalyst through which real transformation can be achieved due to its multiplier effects across many aspects of our lives. It is against this background that The Mkutano and Ministry of Energy
Read More
Workers MPs have expressed doubts regarding a decision taken by Speaker Jacob Oulanyah (pictured) to collapse the National Social Security Bill, 2019 -NSSF Bill that had been passed by the Tenth Parliament. On Thursday last week, Oulanyah guided the House that all business of the Tenth Parliament that remained incomplete,
Read More
State Minister for Health Margaret Muhanga standing beside Ambassador Natalie. They witnessed the delivery of Pfizer COVID-19 vaccines Uganda has received a consignment of more than 1.6 million doses of the Pfizer COVID-19 vaccine thanks to a donation by the United States government. This is the second consignment of COVID-19
Read More
