Kampala, Uganda | THE INDEPENDENT | Isaac Nuwagaba, a taxi driver operating on Entebbe Road, has shocked crime intelligence and flying squad teams by confessing to the murder of four women, whom he killed for allegedly cheating on him. Nuwagaba was tracked and arrested over the weekend from his hideout at …
Read More »Uganda Cricket Association chairman resigns
Kampala, Uganda | THE INDEPENDENT | The Uganda Cricket Association (UCA) has been hit by the sudden departure of three high-ranking officials in just two months. The most recent blow to the association was Chairman Michael Nuwagaba’s resignation over the weekend, barely a few months after his reappointment in March. …
Read More »Government, Ugandans warned against borrowing to ‘Impress People’
Kampala, Uganda | THE INDEPENDENT | The government of Uganda and individuals at family levels have been cautioned against borrowing for the sake of impressing others. The cautionary call has been sounded by seasoned Makerere University Professor of Economics, Augustus Nuwagaba amidst concern about the increasing public debate. “It is …
Read More »NEW CITIES: Government moves to further amend Local Government Act
Masaka, Uganda | THE INDEPENDENT | The Local Government Ministry is considering further amendments to the local government Act to introduce provisions too specific to the management of the newly created cities. In July last year, the government started operationalizing seven new cities including Hoima, Mbarara, Mbale, Gulu, Jinja, Masaka …
Read More »Uganda sports official Nuwagaba dies on plane to Dubai
Kampala, Uganda | THE INDEPENDENT | Godfrey Nuwagaba, the treasurer of the Uganda Olympic Committee (UOC) is dead. The long time Uganda Athletics Federation (UAF) official collapsed on an Emirates flight that was headed for Dubai Monday evening and later died. UAF president Dominic Otuchet confirmed the news, describing it as …
Read More »Uganda in bold move to regulate supermarkets
Government drafting guidelines to deal with defaulting retail chains Kampala, Uganda | JULIUS BUSINGE | Supermarkets in Uganda have made it a habit not to pay or delay payments to suppliers of goods and services in time but that will soon come to an end once the government’s proposed …
Read More »Bad 2016, gloomy 2017 for banks
Experts blame it on bad economy, call for quick fixes Kampala, Uganda | JULIUS BUSINGE | On Sept. 07 Bank of Uganda (BoU) released a delayed annual supervision report for the financial sector for the year ended December 2016. The reasons that delayed the report that normally comes out in …
Read More »Lwakataka in trouble again over immature fish
Former rally driver Ponsiano Lwakataka is involved in a dispute with the UPDF over a consignment of immature fish impounded by the UPDF marine unit from the DRC border. The consignment allegedly belongs to Lwakataka but the UPDF says he fled during the operation. The fish estimated to be worth …
Read More »Bad news: IMF is back
Lagarde is visiting when the government is desperate for new money but in no mood to listen. Usually that means no deal but possibly not when the IMF and Museveni need each othe. Meetings between teams from IMF and planners of Uganda’s economy, especially President Yoweri Museveni, have historically involved …
Read More »Spend resources on critical sectors, Nuwagaba tells government
By Julius Businge Senior economist Augustus Nuwagaba from Makerere University has called on government to spend resources on critical sectors like infrastructure, agriculture, manufacturing among others to grow the economy in the New Year, 2013. The central bank recently said the economy grew at 5.2% for the period ending December …
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