Dr. Ezra Suruma recently wrote a commentary highlighting how neocolonial laws and tendencies at the Bank of Uganda (BoU) cannot allow a Ugandan to open and own a bank. Suruma (pictured), the former Finance Minister and Deputy Governor, BoU said one of the most blatant aims of new colonialism (neocolonialism)
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The Kabaka of Buganda Ronald Muwenda Mutebi II has warned the kingdom subjects to desist from harmful political propaganda ahead of the 2021 general elections. This is part of his Christmas message issued on Monday afternoon. In the message, Kabaka Mutebi cites murder, envy and hatred as vices which are
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The Economic Community of West African States (ECOWAS) has endorsed the candidacy of African Development Bank President Akinwumi Adesina (pictured above) for a second term at the helm of the institution. The decision was announced at the end of the fifty-sixth ordinary session of the Authority of Heads of State
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As the global recession gathers strength, most African economies are relatively unaffected owing to the strength of economic diversity in some regions. This is according to the Institute of Chartered Accountants in England and Wales (ICAEW) latest report, Economic Update: Africa Q4 2019. The professional accountancy body provides GDP growth
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The Government of Uganda through the Ministry of Agriculture Animal Industry and Fisheries (MAAIF) has set strict conditions for horticulture exporters in a move aimed at cleaning up the sector This was revealed by Pius Wakabi Kasajja, the Permanent Secretary, MAAIF during a meeting with horticulture exporters held at MAAIF
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Jean Byamugisha, the Executive Director at Uganda Hotel Owners Association (UHOA) is not only knowledgeable about hotel and tourism sectors, but also passionate about them. UHOA is currently composed of 520 members. In an exclusive interview with Business Focus, Byamugisha (in featured photo above) assesses the performance of the hotel
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British exploration firm Tullow Oil has stated that it has the financial muscle required to develop petroleum reserves in Uganda and Kenya, even after the sudden exit of its chief executive triggered a collapse of its share price. Tullow, which is in advanced stages of developing oilfields in the two
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The talented Ghetto Kids who were on the verge of losing their house have reason to smile. Members of Parliament heeded to the Speaker’s request to raise shs100 million for the young performers to pay off a balance on the house they purchased. The house acts as their residence and
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Are you looking forward to having a memorable 2019 Christmas experience? Do you want to end the year on a high in a thrilling environment suitable for the family? Fairway Hotel is no doubt a place to be this festive season after the hotel unveiled unmatched offers and packages that
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President Donald Trump has officially funded a Pentagon force focused on warfare in space - the US Space Force. The new military service, the first in more than 70 years, falls under the US Air Force. At an army base near Washington, Mr Trump described space as "the world's newest
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