NAIROBI, KENYA | Xinhua | Kenyan authorities on Tuesday heightened security in and around the Jomo Kenyatta International Airport (JKIA) in the capital of Nairobi, the country’s main airport, ahead of anti-government protests. Young Kenyan protesters, or Gen-Z, have threatened to disrupt airport operations to protest President William Ruto’s decision …
Read More »Round three: BoU, Sudhir to face off at Supreme Court
But commercial lawyers argue that the central bank is simply cleaning its face and that the law is not on its side Kampala, Uganda | JULIUS BUSINGE | The legal battle between Bank of Uganda and Sudhir Ruparellia over the defunct Crane Bank Limited is intensifying. They are headed …
Read More »BoU faces huge costs over Crane Bank-Sudhir case
Experts say there are lessons to learn from this case and that the central bank should not be hanged for losing it Kampala, Uganda | JULIUS BUSINGE | Uganda’s central bank is facing huge costs after losing court cases in the Commercial and Court of Appeal over Sudhir Ruparelia, Meera …
Read More »Uganda’s 2017/ 18 budget
Business leaders want economic reforms to boost the economy Planned government borrowing and increased taxes to fund the Shs29 trillion budget for financial year 2017/2018 have left investors and business leaders worried about the coming year, ahead of the budget announcement next week, an informal survey by The Independent has …
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