The Uganda shilling was relatively stable supported by end month flows from charities amid subdued demand during the week ending 3rd July 2018. Trading was the range of 3690/3700. In the interbank money market, overnight funds traded at 6% while one week traded at 9%. In fixed income market, Shs
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Two government agencies, Uganda Revenue Authority (URA) and Uganda National Bureau of Standards (UNBS) have assured Ugandans that there is no ‘bad’ sugar on the Ugandan market. This is after a government newspaper, The New Vision run a story on Friday 3rd August, 2018 titled “BANNED KENYA SUGAR SNEAKED INTO
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The Opposition Friday reshuffled its leadership in Parliament, with Winfred Kiiza being dropped out as the Leader of Opposition (Minority Leader) in Parliament. The Kasese Woman MP was replaced by Betty Aol Ochan, the Gulu Municipality MP. Most interestingly, FDC dropped Abdu Katuntu as Commissions, Statutory Authorities and State Enterprises
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The police management is awaiting advice from the Attorney General for any action against Director Operations Asuman Mugenyi, in line with recent pronouncements by the Constitutional Court. The five judges of the constitutional court Alfonse Owiny - Dollo, Remmy Kasule, Kenneth Kakuru, Elisabeth Musoke, and Cheborion Barishaki, collectively asked police
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Uganda's President Yoweri Museveni has attacked the western world for imposing on homosexuality on Africans saying that this is an act of intolerance and lack of respect. "Tolerance is something I find missing in the Middle East and even in Europe and it causes a lot of problems. On every
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The U.S. Mission in Uganda has added more than $100 million in aid to the East African country with about half being injected into health, a sector analysts say is receiving little attention from the government. The United States Mission in Uganda says its assistance to the East African country
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Police in the Democratic Republic of Congo have set up roadblocks in the south-eastern city of Lubumbashi where the exiled opposition leader, Moïse Katumbi, had been due to arrive, in spite of authorities threatening to arrest him if he tried to enter the country. The former governor of Katanga province
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Top Pan African bank, the United Bank for Africa – Uganda on Thursday reiterated its support for the people of Uganda and its commitment to being a catalyst of growth and development in the country. This commitment was made during a press meeting organised by the bank at Serena Hotel
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Uganda's President, Yoweri Museveni was on Thursday awarded with the Global Peace Prize for his efforts in stabilizing the Great Lakes Region. This happened at the Speke Resort Munyonyo during the ongoing Global Peace Conference. As the Global Peace Conference opened on Wednesday, heads of state, especially in the East
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Six Members of Parliament registered their intention to appeal against the judgments issued by the Constitutional court in a consolidated petition challenging the Constitutional Amendment Act through which parliament lifted the cap on the presidential age. The MPs, among them Winnie Kiiza, Gerald Karuhanga, Jonathan Odur, Ibrahim Semujju, Allan Sewanyana
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