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BUSINESS: Declining interest rates

Bank managers explain recent cuts to 20% average   Effective this month most commercial banks started charging lower interest rates on flexible existing and new loans with analysis indicating about 20% is the new average industry rate compared to around 23% a period before. The move is expected to boost uptake …

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VIDEO: NRM caucus retreat called off because of budget

VIDEO: The NRM Parliamentary caucus meeting that was due this week at Kyankwanzi has been called off on the request of Speaker Rebecca Kadaga. NRM caucus vice Chairperson in Parliament Solomon Silwany confirms that the speaker cited the pending business in The House that needs the presence of all legislators. The …

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DR CLARKE: Public-private partnerships can boost Uganda’s healthcare

The government has been encouraged to work with the private sector to improve access to quality health services in the country. Dr. Ian Clark, chairman of the International Medical Group and founder of International Hospital Kampala (IHK) said, pooling of resources through public-private partnerships can increase access to quality healthcare in …

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Rwabwogo, State House aide clash over Museveni

President Museveni’s son in law, Odrek Rwabwogo and President Museveni’s aide on political affairs David Mafabi are involved in an argument over strongmen and their role in national development. Rwabwogo wrote a missive in one of the dailies titled “Are Strongmen a hindrance or facilitator to institutional growth, successful political …

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Oil case flops as Judge goes on leave

On Mar.06, hearing of a case in which government is accused of acquiring 29.34 square kilometers of land in Kabaale village in Hoima district to build an oil refinery without compensating them adequately flopped after the presiding Justice Eva Luswata of the land division failed to appear. The lawyer representing …

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Police summons controversial lecturer over Facebook posts

In a letter dated Mar.02, controversial Makerere University lecturer and researcher Stella Nyanzi was invited to the Criminal Investigations Directorate of the Police to answer questions regarding a case of offensive communication and cyber harassment. Nyanzi who was directed to report to the Deputy Director of Investigations office on Mar.07 …

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Army in third reshuffle in two months

The chieftaincy of Personnel and Administration of the army on Mar. 04 announced new reshuffles where President Museveni moved officials including former Spokesperson Lt Col Paddy Ankunda who was dropped in the previous reshuffle. Ankunda is now the Director Strategic Communication in the Chieftaincy of Military Intelligence (CMI), a slot …

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