Allegations that South Sudan’s former army chief of staff, General Paul Malong Awan obtained $5 million from the country’s Central Bank to kill rebel leader Riek Machar are untrue, the spokesperson of the Malong-led South Sudan United Front (SSUF) clarified. “We are also refuting and condemning claims that 5 million
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The Directorate of Public Prosecution (DPP) has written to the Chief Magistrate Makindye Court to withdraw charges of attempted murder against City Socialite Brian Kirumira alias Bryan White. The directive comes just a day after Kirumira's legal team comprising John Bulungu and Rama Omungu told Makindye Chief Magistrate Erias Kakooza
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Researchers have found that a new kind of mosquito net substantially increases protection against malaria-carrying insects. The discovery was made by a team from the London School of Hygiene and Tropical Medicine, in a two-year study involving more than 15,000 children in Tanzania. Scientists found that nets incorporating a chemical
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In line with KCB Bank Uganda’s strategy to focus on digital channels and the onset of agency banking, the bank has merged its Kikuubo and Ben Kiwanuka Street branches. This is expected to cut the bank’s operational costs. The merger, according to Joram Kiarie, the Managing Director KCB Bank Uganda
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By Aloysious Kasoma Nigerian billionaire and philanthropist Tony Elumelu Wednesday shared his success story with Ugandans at Makerere University Main Hall. The Group Chairman, United Bank for Africa (UBA) Plc and the founder of the Tony Elumelu Foundation (TEF) revealed that that as much as capital is needed in starting
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Labour recruiting agency, Middle East Consultants Limited (MEC) has revealed that it has never recruited a one Albert Mwesigye, a Ugandan who is reported to have died in Abu Dhabi two weeks ago contrary to circulating reports on social media and some sites. Reports on social media allege that the
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The Speaker of Parliament, Rebecca Kadaga has called for effective skilling of the Ugandan and African population at large for effectiveness of public-private partnerships (PPPs). The Speaker, while attending a meeting at the 8th Annual Investment Meeting (AIM) in Dubai, premised on the use of public-private partnerships for public infrastructure
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Bank of Uganda (BoU) Governor Prof. Emmanuel Tumusiime- Mutebile and his Deputy Dr. Louis Kasekende have contradicted each other over the performance and eventual controversial takeover and sale of Crane Bank to dfcu. BoU took over the management of Crane Bank on October20, 2016, saying it (Crane Bank) had become
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Stanbic Bank Uganda Ltd has been awarded the best performing bank in Uganda government securities for the Year 2017. And this makes Stanbic bank the winner for the sixth consecutive year. Speaking at the Annual Award Event for the Best Performing Commercial Bank of the Year in Government Securities held
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Uganda's tax body, Uganda Revenue Authority (URA) has arrested alleged smugglers with cigarettes worth Shs1.6bn. This development was revealed by the authority at a press conference held at the Headquarters in Nakawa on Wednesday. Francis Yeko and two other accomplices were arrested by a team enforcement officers smuggling supermatch cigarettes. HOW
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