Sunday , September 29 2024
Home / In The Magazine (page 653)

In The Magazine

magazine stories

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 …

Read More »

RWANDA: Another look at tourism

Red Rocks to host Seeds of Hope Festival By Joseph Ondiek Rwanda is famous for its compelling tourist attraction, the most conspicuous one being gorilla trekking. And Musanze district in the Northern Province; the most mountainous district comprising the largest part of the Volcanoes National Park, is home of most …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

Parliament tasks minister Kamya on vendor evictions

Parliament on Mar.01 engaged in a heated debate regarding eviction of vendors from Park yard market in down town Kampala on orders of Kampala Minister Beti Namisango Kamya.Following a proposal by Kampala legislator Mohammed Nsereko, Speaker Rebecca Kadaga asked the Minister to present to parliament a list of vendors who …

Read More »