A proposal is in the offing to amend the Bank of Uganda (BoU) act to split the bank management from the board of directors. The Iganga East County Member of Parliament, Michael Mawanda who intends to table the proposal in a private member's bill, says they are intended to end
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President Yoweri Museveni has ordered an audit in troubled telecom firm, Uganda Telecom (UTL). In a letter addressed to Evelyn Anite, the minister of state for Finance in charge of Investment and Privatization, tasking her to institute the audit, Museveni says he has heard of some allegations and wants them
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A US judge has sentenced Mexican drug kingpin Joaquín "El Chapo" Guzmán (in featured photo-Centre) to life in prison plus 30 years. Guzmán, 62, was found guilty of 10 charges, including drug trafficking and money laundering, by a federal court in New York in February. He escaped a Mexican jail
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Top five living and deceased ministers have been cited in the illegal give away of hundreds of departed Asians properties. This has been unearthed by the Parliamentary probe into the fraudulent takeover of the properties in question, with the Departed Asian Custodian Board (DACB) coming under spotlight. The matter came
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These are indeed hard times for Pastor Aloysius Bugingo. The is that Government is considering closing down his Kikoni based Church- House of Prayer Ministries, at least according to Minister of Ethics and Integrity, Father Simon Lokodo. Lokodo made the pronouncement in a media interview with journalists at Parliament in
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Equity Bank Uganda is leveraging on technology not only to grow, but also bring more Ugandans into the banking fold. According to Samuel Kirubi, the Managing Director, Equity Bank Uganda, they are increasingly digitizing their products and services to meet customers’ needs. He gave an example of agency banking where
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The police have announced that they have arrested the key suspect in the murder of a boda boda cyclist. According to a statement issued by Patrick Onyango, the Kampala Metropolitan Police (KMP) spokesperson, John Bosco Mugisha aka Mukiga was arrested on Tuesday in Nsiike I, Ndeeba Rubaga Division in the
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Countries in African Great Lakes region on Tuesday pledged to boost transparency in the electoral process in order to foster peace, stability, inclusivity and sustainable development. Senior policymakers and experts from the Great Lakes region said at a forum in Nairobi that improved management of elections is key to preventing
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Uganda's Minister of Agriculture, Animal Industry and Fisheries(MAAIF), Hon. Vincent Bamulangaki Ssempijja on Wednesday met with the Katikkiro of Buganda, Owek. Charles Peter Mayiga to have an agreed position on the Coffee Bill 2018. Their meeting comes days after Mayiga criticized a proposal for the registration and licensing of coffee
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Seventeen people who worked for the gambling industry in Kenya are being deported by the authorities. The government is clamping down on online sports betting which it says is a curse on the country's youth. Gambling has become a multi-million dollar industry in Kenya, where mobile phone technology has made
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