Jennifer Musisi, the Kampala Capital City Authority (KCCA), Executive Director was on Wednesday morning grilled over the US$2.75m about9.9bn) contract signed with an international to manage street lights. Musisi and other KCCA officials were appearing before the Parliament Committee of Statutory Authorities and State Enterprises (COSASE) to answer queries raised
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On July13, 2017, the Bank of Uganda (BoU) said it had sanctioned the filing of a suit against Sudhir Ruparelia and Meera Investments Ltd to recoup funds that were fraudulently extracted from, as well as losses that were caused to Crane Bank. BoU filed a civil suit at the Commercial
Read MoreTop managers at the Ministry of Gender, Labour and Social Development and that of Local Government have resolved to take firm sanctions against District and Sub county officials cited in the defective implementation of Government Programmes. The decision was reached at during a bilateral meeting that was convened by the
Read MoreUganda's President Yoweri Museveni has singled out the practising of subsistence agriculture by the majority of the Ugandan population as a major factor that has made it difficult for the country to reap enough from its cherished agricultural potential. The President was on Tuesday opening the 25th Annual Source of the
Read MoreUganda's Ethics Minister Simon Lokodo is well-known for his pronouncements on homosexual and heterosexual sex, as well as what he believes are appropriate ways to dress. On Tuesday, Uganda's parliament had been debating the safety of children and, in a tweet that's been retweeted on the official Uganda parliament's Twitter
Read MoreKampala Capital City Authority (KCCA) wants the Bonifide Occupant Law amended to allow owners of posh houses in Kampala and its suburbs start paying taxes. KCCA says bonifide occupants being exempted from paying taxes has cost government a lot of revenue. Jenifer Musisi, the KCCA Executive Director made the revelation
Read MoreAgency Banking: Lessons For Uganda From Other East Africa Markets
By Michael Ssekyondwa Following the signing of Agency banking regulations by the Bank of Uganda, commercial banks in the country will now start offering Agency banking. These services allow banks to provide financial services virtually anywhere across the country through third parties called agents. Today’s customer is concerned about convenience,
Read MoreUganda police have arrested two men after they allegedly set fire to T-shirts with the image of President Yoweri Museveni on a street in the capital, Kampala. They were found at Luwum Street in Kampala where they had set National Resistance Movement-NRM party-T-shirts ablaze. Two of the suspects escaped arrest.
Read MoreBy Amon Baita Top labour exporters, Middle East Consultants Limited (MECL) yesterday flagged off 91 people to go and work abroad in one of the biggest Oil and Gas Company in Abu Dhabi, United Arab Emirates (UAE). The 91 will get a salary of Shs1.6m per month and guaranteed extra
Read MoreTanzania's communication regulator has fined six phone companies for giving out Sim cards without demanding users register their details. Among them is Vodacom who were fined 945,000,000 Tanzanian shillings (£324,000; $422,00). Airtel, Smart, Tigo, Zantel and Halotel were also fined. The Tanzania Regulations Communications Authority said in a press release
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