Taban Amin, the son to former Ugandan President Idi Amin Dada, has been named the deputy head of the Internal Security Organisation (ISO). ISO is the intelligence branch of the country's security apparatus. This development was revealed by the army spokesperson, Brig Gen Flavia Byekwaso. It also followed a reshuffle
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Uganda's President Yoweri Museveni says the country's economy has grown by leaps and bounds to a stage where it can sustain itself. President Yoweri Kaguta Museveni speaking at the 58th Independence anniversary on Friday. "Uganda’s economy has transformed to a level where the Country will be self-sufficient and achieve sustainable economic growth
Read MoreThe National Resistance Movement (NRM) has reportedly postponed youth elections for Northern Uganda following a fake Interim Order purportedly from the Registrar Civil Division of the High Court. The order purportedly restrains the holding of NRM Youth Elections for Northern Uganda. In a statement dated October 9, 2020, the Judiciary
Read MoreUganda To Establish Agricultural Bank After Existing Institutions Shun ‘Risky’ Yet Lucrative Sector
Modernizing agriculture requires cheaper loans Uganda is considering setting up an agricultural bank to enable farmers easily access cheaper credit, President Yoweri Museveni has said. He blasted commercial banks for failing farmers on access to credit, saying that they are only interested in funding traders to import. The President made
Read MoreTycoon Sudhir Ruparelia Meera Investments Ltd owned by property mogul, Sudhir Ruparelia has acquired Simbamanyo House in the central business district at a cost of $5m (Shs18.51bn). According to Matooke Republic, Sudhir’s Meera Investments emerged highest bidder when the building was put up on auction by Equity Bank through public
Read MorePresident Yoweri Museveni has lashed out at MPs for rejecting the plan to construct roads in the eastern Democratic Republic of Congo (DRC), saying the roads are aimed at boosting trade between the two nations. He said the project will have to be conducted. The President made the remarks in
Read MoreFood aid is unloaded from a World Food Programme vessel at in Beirut, Lebanon in Sept. The World Food Program was awarded the 2020 Nobel Peace Prize for its efforts to combat hunger, particularly in conflict zones. The organization is being honored “for its contribution to bettering conditions for peace
Read MoreHon. Jackson Kafuuzi, the Deputy Attorney General, returning to his seat after presenting his report on the nomination dates Legislators are displeased by the government’s refusal not to extend nomination time by the requested 14 days for local government and parliamentary contenders, citing the government’s sabotage of its citizens. This
Read MoreAfrica's economy may rebound next year The World Bank says the coronavirus pandemic has reversed a decade of hard-won growth in Africa and could lead to a 3.3% contraction of its economy in 2020. But the bank predicted that growth would rebound next year. Africa has so far escaped the
Read MoreFinance minister, Hon. Matia Kasaija, updating the House on the compensation due to Ugandans who traded with South Sudan in 2008 Parliament has criticised government over delayed compensation of Ugandan traders who supplied goods to the Government of South Sudan in 2008, even after Parliament appropriated funds for the same
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