Preparations are underway for the forthcoming Uganda -Tanzania Business Forum scheduled to take place from 4th - 5th September 2019 at the Julius Nyerere International Convention Centre, in Dar es Salam - Tanzania The Business Forum will take place under the theme “Promoting bilateral trade and investment for growth and
Read MoreNews
Gilbert Ngabo, a businessman in Katwe is in trouble for allegedly selling spare parts of stolen motorcycles. Ngabo was picked up on Tuesday evening together with five others in an operation led by Ivan Kareiga, the Commander of Katwe Police Station. The operation stemmed from complainants from various people registered
Read MoreThe 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
Read MoreThe 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
Read MoreState 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
Read MoreSpeaker 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
Read MoreA 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
Read MoreUganda 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
Read MorePresident 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
Read MorePolice 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
Read More