Kyadondo East lawmaker, Robert Kyagulanyi aka Bobi Wine has hit back at Uganda's president Yoweri Museveni saying the latter's mistake in a letter to the singer represent government weaknesses. Below is Bobi Wine's statement I have read President Yoweri Museveni's response to my recent statements and audio recording on the
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The Uganda shilling was relatively stable following the Central Bank slight reduction of the policy rate from 10% to 9.5% during the week ending 6th October 2017. Market demand and supply dynamics were at par, with some players seen building positions ahead of a short trading week of independence holiday.
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Leaked e-mails of former International Criminal Court Chief Prosecutor Louis Moreno Ocampo reveal how the Argentinean proposed to allow Uhuru Kenyatta to have “an honourable exit” in his case at The Hague. These disclosures are part of Ocampo’s hacked e-mails to former UN secretary general Kofi Annan, who mediated the
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A new report has confirmed that Solar is now the fastest growing energy source in the world, and is making a major impact in Africa. The International Energy Agency’s 2017 report on renewables forecasts that off-grid solar capacity in Africa is set to almost triple in the next five years,
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PRESIDENT MUSEVENI RESPONDS TO HON. BOBI WINE Article By H.E. Yoweri Kaguta Museveni PRESIDENT OF THE REPUBLIC OF UGANDA On Hon. Kyagulanyi‘s (Bobie Wine) statement 1st October, 2017 Again, I congratulate our young friend, the Hon. Kyagulanyi, Bobie Wine, for his recent elections in Kyaddondo North. I also notice that
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New Vision Printing and Publishing Company Ltd has registered a 99.7% drop in net profit for the year ended 30th June 2017 compared to the same period a year earlier. The company's net profit for the first six months of 2017 were recorded at Shs14.6m, down from Shs4.9bn recorded in
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Uganda's President Yoweri Museveni has established a comission to review the salary discrepancies for the country's civil servants. The president revealed a day after officiating at the International Teachers' Day in Moroto town. "I have set up the Salary Review Commission to address the discrepancies in pay for civil servants. Teachers,
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The National Resistance Movement (NRM) rebel Members of Parliament (MPs) have written to President Yoweri Museveni over plans to remove Presidential age cap of 75 years. The rebel MPs are Theodore Ssekikubo, Monicah Amoding, Barnabas Tinkansiimire, Patrick Nsamba, Felix Okot, Sam Lyomoki, Gaffa Mbwatekamwa, John Baptist Nambeshe and Alex Ruhanda.
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The Kampala City Carnival is to cost Shillings 1.31billion, the Organizing Committee Chairperson, John Ddumba has told the City Authority Council. The three day carnival kicks off this Friday with a charity concert to raise money for the refurbishment of KCCA primary schools. KCCA manage s 79 primary schools on
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Global ratings agency Moodys has warned of a likely downgrade of credit and deposit scores of three Kenyan banks, citing the country’s deteriorating debt situation. The agency said it had placed on review for downgrade the B1 global scale long-term local-currency deposit ratings and the b1 baseline credit assessment (BCA)
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