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Banking

Banks Approved Loans Worth Shs2.6Trn To Private Sector In 1st Quarter Of 2020/21

The December 2020 Pre-Election Economic and Fiscal Update released by the Ministry of Finance, Planning and Economic Development i has indicated that lending institutions approved loans worth She2.6Trn in the first quarter of 2020/2021 between July-September 2020. The report that was signed off by Moses Kaggwa Acting Director Economic Affairs

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Analysis & Opinions

Rajiv’s Open Letter To Uganda’s Cabinet On Post COVID-19 Recovery & Why He Thinks Medical Marijuana, Labour Externalization Can Play A Significant Role

By Rajiv Ruparelia On January 2nd 2021,  I turned 31 years of age. Since I started actively running the Ruparelia Group- a conglomerate of 28 companies, I usually use my birthday, which is just about the start of the new year to reflect on business opportunities for the Group in tandem

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News

FULL LIST: Museveni Reshuffles RDCs Ahead of Thursday Elections

President Yoweri Museveni has reshuffled Resident District Commissioners and their deputies. This comes barely two days to the Presidential and Parliamentary elections slated for Thursday 14th January, 2021. Museveni is the NRM Presidential candidate. There are 11 presidential candidates including the incumbent (Museveni). Below is the President’s statement containing the full list;

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ICTNews

UCC Denies Slowing Down Internet, Says Restriction On Communication Ahead Of Polls Not Ruled Out

The Uganda Communications Commission (UCC) hasn’t ruled out placing restrictions on communication channels ahead of the Thursday general elections. The Commission’s position was revealed by UCC Spokesperson, Ibrahim Bbosa (pictured )while appearing on NBS Television Monday morning where he revealed that although UCC hasn’t received any directive to switch off

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