The Bugweri County Member of Parliament, Abdul Katuntu, says there is need to address Governance issues in Bank of Uganda-BoU to curb scandals rocking the Central Bank. Katuntu, who chaired the Committee on Commissions Statutory Authorities and State Enterprise-COSASE, says there is a big fight between the Governor BoU, Emmanuel
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The development relationship between Africa and the rest of the world must be premised on a win-win model, President Museveni has said. “Africa and China should establish an equitable trade and development model that should emancipate humanity from the primitive tendencies of win-lose situations,” said the President. “We should all
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State Minister for Planning, David Bahati on Tuesday issued a statement regarding the ongoing Bank of Uganda (BoU) currency saga, with reports alleging that extra Shs90bn was printed for individuals’ own use. During today’s plenary sitting, Bahati revealed that Bank of Uganda entered into contract with Oberthur Fiduciaire on 26th
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Speaker of Uganda’s Parliament Rebecca Kadaga has ruled that no select Committee will be constituted to investigate how the Bemanya Twebaze, the Administrator of heavily indebted Uganda Telecom Limited (UTL) is running the affairs of the company. MPs last week requested for investigations into UTL but the speaker pushed her
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A lawyer in Sudan has told the BBC that the internet has been restored after a three-week shut-down - but only for him. Sudan's military rulers ordered an internet blackout after they violently dispersed protesters camping in central Khartoum who were demanding they leave power. The lawyer, Abdel-Adheem Hassan (in
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Uganda President Yoweri Museveni today met Chinese President, Xi Jinping and held bilateral talks with him at the Great Hall of the People in Beijing. Museveni, who is in China for a four-day visit, described China as Uganda’s reliable partner. “..Besides their role in supporting our African liberation cause, I
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President Yoweri Museveni has lashed at the World Bank for telling Uganda that countries that "build railways use own money." He said that such a statement from an economist that purports to support Africa's transformation through Private-Sector led growth shows that some actors are not serious. Museveni, who is
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Police has launched an electronic Express Penalty System-EPS for errant drivers. Dr. Steven Kasiima, the Director of Traffic Uganda Police Force, says the Express Penalty System will help to reduce the number of drivers dodging the payment of penalties. He says some drivers have unpaid penalties worth Shillings 5M, which
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Members of the Inter party Organisation for Dialogue (IPOD) Council have met the Speaker of Parliament Rebecca Kadaga to discuss the IPOD resolution of enacting electoral reforms. The iPod is composed of Political Parties including National Resistance Movement (NRM), Democratic Party (DP), Justice Forum (JEEMA), Uganda Peoples' Congress (UPC) and
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Knight Frank Uganda has announced the sale of Metroplex Shopping Mall-Naalya to Gate Way Delta, a Mauritius based real estate developer. In a statement dated 25th June 2019, Marc Du Toit (in featured photo), the Head of Retail at Knight Frank, the managers of the Mall said Gate Way Delta
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