Parliament has granted Igara County East MP, Micheal Mawanda, leave to introduce a private member’s bill that seeks to amend Article 161 of the Constitution to remove the Governor and Deputy Governor Bank of Uganda from serving as chairperson and deputy chairperson of the board of directors respectively. According to
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Ugandan Small and Medium Enterprises (SMEs) have been advised to exploit the regional markets and opportunities in order to grow their companies. Speaking at the celebrations to mark 11 years of the Daily Monitor organised Top 100 Mid-sized Companies at Sheraton Hotel on Wednesday morning, Uganda Investment Authority (UIA) Acting Director
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The Ugandan Government through the Deputy Attorney General, Mwesigwa Rukutana has asked couples in marriages conducted by Bugolobi based Anglican Church of Resurrection to conduct fresh marriages because the Church wasn’t licensed/ gazetted. During today’s plenary sitting, Rukutana said there is no remedy that couples wedded by sham Churches can
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Uganda's President Yoweri Kaguta Museveni on Wednesday addressed the #TICAD7 conference plenary held under the theme, “Accelerating Economic Transformation and Improving Business Environment through Innovation and Private Sector engagement”. In his address, Museveni advised foreign comapnies in the country to reports to their respective ambassadors cases that involve Ugandan officials
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Aging businessman Chris Tushabe has accused several Bank of Uganda (BoU) officials of frustrating his efforts at having access to his bank accounts details following the closure of defunct Cooperative Bank. Appearing before the Committee of Commissions, Statutory Authorities and State Enterprises (COSASE) today, Tushabe accused t Justine Bagyenda (in
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Ecobank Transnational Incorporated (“ETI”) has announced that IFC and the funds managed by the IFC Asset Management Company (“AMC”) have completed the sale of their c.14.1 percent stake in ETI to Arise B.V. (“Arise”). Accordingly, Arise has become a shareholder of reference in ETI with a c.14.1 percent stake. J.
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The Election Commission (EC) has launched a sensitization exercise aimed at appealing to voters to confirm their names and polling stations in order to have smooth general elections in 2021. It is EC’s mandate to reorganize polling stations and placing voters in the right polling stations in an electoral area.
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Supporters of the controversial Genetic Engineering Regulatory Bill 2018 have suffered another blow after President Yoweri Kaguta Museveni refused to assent it into law for the second time. The bill which was previously known as The National Biotechnology and Bio Safety Bill 2012 was first rejected by the president in
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Uganda’s Security Minister, Gen. Elly Tumwine has admitted the existence of ‘Safe Houses’ that are referred by many as detention torture chambers. He further told off MPs on the Parliamentary Committee on Human Rights that they have no mandate to visit some security places especially the ‘Safe Houses’, saying that
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Japan will offer enhanced trade insurance to boost private sector investment in Africa, Prime Minister Shinzo Abe said on Wednesday as his country competes with rival China for influence in the resource-rich continent. “Let me make a promise,” Abe told the Tokyo International Conference on African Development (TICAD) attended by
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