The collapse of Crane Bank and its eventual controversial sale to dfcu bank is far from over as many questions remains unanswered. The latest is that Parliament wants the Executive to explain circumstances surrounding the capitalisation and sale of Crane Bank, owing to the fact that prior to its sale,
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President Paul Kagame of Rwanda, his AU reform advisory team and close to 40 African Ministers of Foreign Affairs met on Monday in Kigali, Rwanda, to discuss the implementation of the African Union (AU) reforms adopted in January 2017. In July 2016, at the 27th African Union Summit, member States
Read MoreSiemens will work more closely with the African countries Uganda and Sudan in the areas of power supply, industry, transportation and healthcare. The African states signed the corresponding Memoranda of Understanding (MoU) at the World Economic Forum 2017 in the South African city of Durban. The documents were signed in
Read MoreThe Uganda National Roads Authority (UNRA) management led by its Executive Director, Allen Kagina is in panic over failure to absorb Shs212bn in the previous budget. This state of affairs has seen the roads agency rush to Parliament to request for the reallocation of the said funds before the financial
Read MoreGeocycle, an international waste management firm has launched in Uganda with the aim of providing a solution to waste management that leaves no residue. Under the Geocycle brand, the LafargeHolcim Group offers waste management services in over 50 countries around the world. “Our promise is to offer a superior solution
Read MoreMakerere University and top 35 government of Uganda entities risk their budgets for 2017/18 not being passed if a report by the Equal Opportunities Commission (EOC) is anything to go by. Sylvia Ntambi, the chairperson of the Equal Opportunities Commission asked the Parliamentary Budget Committee not to approve the budgets
Read MoreFor Africa to develop, the political will of the leaders must be accompanied by the right strategy, President Yoweri Museveni has said. The President was speaking as the chief panelist on the subject “Agenda 2063: Infrastructure Update” at the World Economic Forum on Africa in Durban, South Africa. The
Read MoreHundreds gathered in Ethiopia’s Northern town of Adwa, to commemorate the defeat of the Italian troupes by Ethiopian forces in 1986 and the establishment of a Pan African University in Africa at the historic town in a ceremony attended by various African distinguished leaders including President Yoweri Museveni. African leaders and
Read MoreBy Peter Abaanabasazi Centenary bank customers in Hoima district have expressed concern over what they termed as poor customer care manifested in long queues coupled with a few tellers. The Hoima Municipal Mayor, Grace Mugasa and one of Centenary Bank’s customers noted that there is need for the bank management
Read MoreUganda Police Force has topped the list of media violations, according to the 2016 Press Freedom Index released on Tuesday morning at Imperial Royale Hotel in Kampala. The report titled "Tough Times, Political Intolerance Stifles Media", shows that Police committed 83 of the 135 media violations recorded in 2016. It highlights
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