Prof. Emmanuel Tumusiime-Mutebile, the Governor Bank of Uganda (BoU) has made new appointments and transfers in BoU's top management. Justine Bagyenda, the long serving Executive Director at Uganda’s Central Bank has been relieved of her duties. According to a statement dated February 7, 2017 obtained by Business Focus, Bagyenda has
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Controversial academic, Stella Nyanzi has said trashed the Mental Health Bill that is before Parliament, noting that is targeting the opposition so that they can be branded as mentally sick. Appearing before the Parliamentary Health Committee on Wednesday to give her opinion on the Mental Health Bill that was first
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Ecobank Uganda has taken a bold step of reaching out to potential customers in a move aimed at making the Pan-African bank grow further. “Our teams are continuously on the move to reach you and your business to help you join our new world of digital banking,” Ecobank Uganda said
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Prof. Emmanuel Tumusiime-Mutebile, the Governor Bank of Uganda (BoU), has fired Justine Bagyenda, the long serving Executive Director at Uganda’s Central Bank. According to a statement dated February 7, 2017 obtained by Business Focus, Bagyenda has been replaced by Dr. Tumubweine Twinemanzi. The appointments and transfers take immediate effect. Christine
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Kenya could pay KSh334 billion (UShs11.9 trillion) in cases filed in the International Centre for Settlement of Investment Disputes by foreign investors, reports the Standard. Trade Permanent Secretary Chris Kiptoo on Wednesday said the disputes touches on environment protection public health and taxation. Kiptoo said the government has formed a
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Fuel pump prices have already hit the Shs4,000 mark in some parts of the country, a development that has seen many Ugandans ask why the sudden rise. Against the above background, on 31st January, 2018, Mohammed Nsereko, the Kampala Central MP raised concern on the floor of Parliament over the
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The Parliament has ordered Uganda Communications Commission (UCC) to give and renew operating licenses to a number of media houses, arguing that denial to do give out licenses is costing the country revenue from license fees. The issue came up during the scrutiny of the 2018/2019 National Budget Framework paper
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In Uganda, 63 schools run by the Bridge International Academies, a private chain, have opened for the new academic year, the BBC reports. This is despite the government's previous insistence that the schools will remain shut. Bridge academies - supported by foundations such as those set up by Mark Zuckerberg
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The Uganda Revenue Authority (URA) has impounded two tonnes of deadly used ladies' garments. However, there are concerns that used underwear spread diseases including skin infections. It is for that reason that officials have been toying with the idea of banning their importation. Although locally a decision is yet to
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Uganda overtook South Africa for the first time in November as the largest source of goods ordered by Kenyans, underlining the impact of drought which saw electricity and food imports shoot up, reports the Daily Nation. Kenya’s monthly import bill from Uganda jumped more than two-fold to KSh7.59 billion compared
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