How BoU is overseeing the biggest asset grab ever Kampala, Uganda | HAGGAI MATSIKO | On July 3, Crane Bank which is under receivership by Bank of Uganda (BoU) sued its former owner, Sudhir Ruparelia, and a company called Meera Investments Ltd also owned by Sudhir in what might turn …
Read More »THE LAST WORD: BOU’s war with Sudhir
How the central bank’s handling of the problems of Crane Bank showed lack of imagination and strategy THE LAST WORD |Andrew M. Mwenda| I have always had high respect for Bank of Uganda (BOU) because of its management competences. Since the collapse of Uganda Commercial Bank in 1999, BOU has …
Read More »Uganda arrests dozens of opposition activists
Kampala, Uganda | AFP | Police in Uganda announced the arrests of opposition activists this week amid speculation that longtime President Yoweri Museveni is planning to change the constitution so he can stand for re-election. No official move has been made to lift the bar on Museveni running due to …
Read More »IN THE INDEPENDENT: The Sudhir-BOU Inside Story
In the Independent this week: BOU’s war with Sudhir and how the central bank’s handling of the problems of Crane Bank showed lack of imagination and strategy. COVER STORY Secrets of Sudhir saga: How BoU is overseeing the biggest asset grab ever. THE LAST WORD BOU’s war with Sudhir: How …
Read More »MUSEVENI: Development, democracy key to environment
MUSEVENI: Underdevelopment, lack of democracy are a challenge to environment conservation Kampala, Uganda| PPU | President Yoweri Museveni has said continued underdevelopment and lack of democracy are some of the challenges facing wildlife conservation in Africa. The President was speaking on Wednesday at a press briefing held at Entebbe State House Entebbe to …
Read More »VIDEO: Museveni distances himself from debate on Uganda president’s age limit
VIDEO: Museveni distances himself from Uganda president age limit debate Kampala, Uganda | NBS TV | President Yoweri Museveni has distanced himself from the ongoing age limit discussion – dismissing the debate as diversionary. Museveni told the press at State House in Entebbe on Wednesday that he is not behind …
Read More »VIDEO: Museveni lashes at clergy
VIDEO: Museveni Lashes At Clergy Kampala, Uganda | NBS TV | Uganda President Yoweri Museveni has taken a swipe at religious leaders for what he described as neglecting the core issues affecting people like climate emanating from human activities and concentrate on politics. The President made the attack on the …
Read More »Colonial boundaries no solution to Tororo District split controversy
Kampala, Uganda | J OLOKA-ONYANGO | Recent newspaper reports about the issue of Tororo state that President Yoweri Museveni has directed that the matter be resolved using the “colonial boundaries” in order to determine where the municipality should be located in the event of a split of the district. Such …
Read More »Bamugemereire: The scorecard
What has land inquiry achieved after 60 days? Kampala, Uganda | JULIUS BUSINGE & RONALD MUSOKE | On May 9, a renowned advocate became the first witness to testify before the seven-member Land Inquiry 2017 Commission headed by Lady Justice Catherine Bamugemereire. On July 6, Bamugemereire informed the media that …
Read More »FDC elders advise Muntu to leave FDC for Besigye
FDC elders advise Muntu to leave FDC for Besigye, explain alternative plans for him for 2021 Kampala, Uganda | AGATHER ATUHAIRE | In a radical proposal, some supporters of FDC Party President Mugisha Muntu say he should withdraw from contesting for re-election as party president. They argue that freeing himself …
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