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Parliament Starts Probing BoU Over Controversial Closure Of 7 Banks Next Week

The Parliamentary Committee of Commissions, Statutory Authorities and State Enterprises (COSASE) Chairperson, Abdu Katuntu (in featured photo) has revealed that his Committee will start investigations into queries raised in the special audit report about the closure of seven banks by the Bank of Uganda. Addressing journalists Wednesday after a closed

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Museveni Launches Mega Phosphate Fertilizer Plant, To Employ 2k People

President Museveni has this afternoon commissioned the first phase of the Uganda-China Free Zone of International Industrial Cooperation project in Tororo. The first phase of this Sukulu Project includes an office living base, mineral dressing plant, phosphate fertilizer plant, unbaked block plant, machine repair centre and a laboratory centre. At

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