Almost every Nigerian vote since independence in 1960 has been dogged by varying degrees of conflict and allegations of rigging. That’s one reason why the 2015 election that saw Muhammadu Buhari, now 76, become the first candidate in the nation’s history to topple a sitting president through the ballot box
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Dr. Kizza-Besigye, the former President of Forum for Democratic Change (FDC) has issued a new dossier, detailing ‘Uganda’s second liberation struggle.’ “Unfortunately, there’s still some confusion on how POWER will shift from the “Presidential Monarch” to the people. It’s important that we achieve widespread clarity on the approaches to getting
Read MoreCOSASE Report Implicates Top BoU Officials On Closure & Sale Of Defunct Banks
The long-awaited Parliamentary Committee of Commissions, Statutory Authorities and State Enterprises (COSASE) report on the controversial closure and sale of seven defunct banks by Bank of Uganda (BoU) is finally out. The investigations followed the special audit report by the Auditor General that raised a number of queries in the
Read MoreParliament on Tuesday passed the Minimum Wage Bill, 2015 into law. The private members’ Bill passed by Parliament seeks to provide for the determination of a minimum wage based on the different sectors of the economy. The Bill become law after the President has assented to it. Should the President,
Read MoreThe Parliamentary Committee of Commissions, Statutory Authorities and State Enterprises (COSASE) has for the last three months been investigating Bank of Uganda (BoU) over the controversial closure and sale of seven defunct banks. The investigations followed the special audit report by the Auditor General that raised a number of queries
Read MoreReport: Uganda’s Lending Rates, Non-Performing Loans Declining
Lending rates and Non-Performing Loans (NPLs) in Uganda’s banking industry are gradually declining, a new report has revealed. The PwC report titled ‘Uganda Economic Outlook – 2019’, Average lending rates charged for shilling denominated loans have been gradually declining. As at June 2018, the shilling denominated loans average interest rates
Read MoreThe Ugandan Government is projecting the economy to grow by 6.2% in the FY2018/19 going Uganda Bureau of Statistics (UBOS) latest data. This prediction is contained in the National Budget Framework Paper 2019/20 (BFP) published by the Ministry of Finance in December 2018. According to a report by PwC titled
Read MoreFeuds and disagreements have torn apart many family businesses in Kenya. Many such collapses has been witnessed and reported in the recent past. However, when it comes to the business empire that Kenya’s founding president, Jomo Kenyatta, built, things have been moving from strength to strength as younger family members
Read MoreThe merged CBA and NIC bank will count among its top owners some of Kenya’s most renowned billionaire investors and political figures, shareholder information on the two lenders has revealed. Records from the Registrar of Companies have revealed the underlying ownership of the privately-held CBA bank, whose investors will control
Read MoreMr. Kiwanda, South America Has The Most Beautiful Women But Their Strength Is In The Football Industry
By Nabendeh Wamoto S.P “Never out shine had your master ’’said an American author, Robert Green in his 48 laws of power. According to President Museveni, Minister Godfrey Kiwanda did not consult; he conflicted with the above principle. Just as they say politics is a game of numbers, so also
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