Budadiri West lawmaker, Nandala Mafabi has backed State Minister for Investment, Evelyn Anite in the ongoing fight over management of troubled Uganda Telecom Limited (UTL); saying people running the telecom firm are simply milking it to death. In an interview at Parliament, Mafabi said that Anite is on the right
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The Bank of Uganda (BoU) has spoken out on the reported suspicious movement of currency from Kampala to upcountry branches. This comes at a time when Police is investigating the Central Bank following reports that some of its officials allegedly printed extra Shs90bn for their own use. In a statement
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Uganda's players ended their boycott of Africa Cup of Nations training after being promised an extra $6000 dollars each by the country's Football Association (FUFA). The squad took to the pitch three hours behind schedule on Wednesday, after securing the extra cash. They are due to play Senegal on Friday
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Talk of succession at Kenya’s most profitable company Safaricom, following the death of Chief Executive Officer Bob Collymore on Monday, resurfaced Tuesday with the government expressing a wish for the seat to go to a Kenyan. However, Cabinet Secretary in the Ministry of Information and Communications Joe Mucheru said the
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The probing of Judiciary officials by the Public Accounts Committee in relation to the 2017/2018 audit has exposed more rot at the institution that is meant to be the epitome of good governance in the country. Afyer failing to show up yesterday, Kagole Kivumbi (in featured photo), Secretary to Judiciary
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South Sudan’s army and several armed groups killed more than 100 civilians in a surge in violence in a southern region of the country after the signing of a peace deal last year, a U.N. report said on Wednesday. The armed forces also committed sexual violence including rape against around
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The United Nations Entity for Gender Equality and the Empowerment of Women-UN Women has partnered with Gulu district local government to boost Chia seed production among women farmers, URN reports. Chia farming has gained momentum as a popular and exciting farming enterprise among farmers in Gulu and other neighboring districts
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Lawyers of property mogul, Sudhir Ruparelia have objected to the case in which Bank of Uganda (BoU) sued their client (Sudhir) for allegedly fleecing his own bank (Crane Bank in receivership) of Shs397 billion in fraudulent transactions. Ruparelia through his lawyers of Kampala Associated Advocates (KAA) today presented a preliminary
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Although the managing director of the International Monetary Fund, Christine Lagarde is already one of the world's most powerful women. But now she's poised to assume even more influence: on Tuesday, European leaders nominated Lagarde to become the next president of the European Central Bank. Lagarde's nomination was announced in a tweet by
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Uganda’s plan to nationalise its internet data exchange service will result in poorer quality services and discourage investment in one of East Africa’s most thriving information and communications technology (ICT) sectors, industry players say. Internet exchanges are platforms on which internet service providers and network operators exchange data traffic. Uganda’s
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