Prof. Emmanuel Tumusiime-Mutebile, Governor, Bank of Uganda has said Ugandans will soon enjoy the advantages of Islamic Banking, noting that the regulations have been approved and will soon be gazetted. Mutebile made the remarks on January 31, 2018 at Uganda Bankers’ Association (UBA) Informal Dinner held in Kampala. Islamic banking
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The United States State Department has voiced its displeasure with actions in Kenya that saw opposition leader, Raila Odinga swear himself in as president in a symbolic inauguration. The US made its concerns clear on Thursday in a statement in which it asked that grievances be sorted in the courts
Read MoreTanzanian authorities are preparing to extradite a former Democratic Republic of Congo (DR Congo) army colonel who threatened an upsrising against President Joseph Kabila, news agency AFP reports. John Tshibangu, who deserted to rebel against Mr Kabila in 2012, said in a video posted on social media on two weeks
Read MoreIt may sound bizarre but it’s true. Controversial radio personality Mary Luswata has compared the dead singer Mowzey Radio to the Biblical Jesus Christ. The popular singer succumbed to head injuries he sustained in a brawl 10 days ago at an Entebbe night spot, De Bar. He was pronounced dead
Read MoreUgandan musician Moses Ssali aka Bebe Cool has postpone his upcoming concerts as a sign of respect to departed singer, Moses Sekibogo aka Mowzey Radio. Bebe revealed this on Thursday, the same day Radio breathed his last at Case Clinic in Kampala. Before his death, Radio and Bebe Cool's relationship
Read MoreUganda's tax body, the Uganda Revenue Authority (URA) on Thursday impounded a truck with contraband goods believed to cause cancer. According to a message posted on the authority's social media page, the operation took place at the border crossing of Mpondwe in Kasese district, western Uganda along the border with
Read MoreKenya’s interior minister warns that arrests may be in store in relation to opposition leader Raila Odinga’s self-inauguration ceremony Tuesday as “the people's president.” Meanwhile, authorities say local media stations prevented from broadcasting Tuesday’s event live will remain off the air pending the results of an investigation. Interior Minister Fred
Read MoreUganda's President Yoweri Museveni on Thursday joined millions of Ugandans in mourning the death of the country's best vocalist, Moses Sekibogo aka Mowzey Radio. Radio who was 33, breathed his last on Thursday morning at Case Clinic in the capital, Kampala. He had been admitted with head injuries following a
Read MoreWealthy Londoners are leaving the city as new taxes make it expensive to inherit and invest, and as Brexit prompts rich Europeans living in the U.K. capital to return home. This puts the British financial hub in the same category as Lagos and Istanbul, which are also seeing net outflows
Read MoreThere’s increasing uncertainty about the drilling and production of Uganda’s oil, with some locals in the oil-rich Bunyoro suspicious of the ongoing activities. On Wednesday, Dokolo Woman MP, Cecilia Ogwal, raising a matter of national importance regarding the revenue accruing from petroleum resources on the floor of Parliament, revealed that
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