Tag Archives: Uganda

  President Yoweri Museveni is in the Ethiopian capital Addis Ababa on a two day working visit to the Africa Union Commission, where he will attend an African Union High Level Committee meeting on Libya. Museveni headed straight to the AU Headquarters where he joined other other presidents  attending the AU …

   HUMOR – THE WEEK THAT WAS: Museveni and irrigation, MPs tax-free bill and Kadaga speaks on expenditure President Museveni fetched water in a jerrycan to show Luwero peasants how to irrigate their crops. The Bill exempting MPs from paying taxes has been sent back to the President without amendment. …

HUMOR – THE WEEK THAT WAS: Trump defiant, IGP seeks citizens help Donald Trump refuses to pledge to respect a Clinton win in U.S presidential race. I.G.P. asks police officers to seek financial assistance from citizens that will buy fuel.. Bank of Uganda takes over crane Bank. Share on: WhatsApp

Karen Melik Simonyan is the President of Russian African Foundation for Science, Culture and Economic Development (RAFSCED), an initiative aimed at furnishing both the African and Russian Business communities about the business opportunities that do exist in both countries, as well as other African countries.  He spoke to Nicole Namubiru …

Better business climate Uganda’s ranking in the 2017 World Bank’s Ease of Doing Business has improved by seven places, a development that shows that ongoing business environment reforms being implemented by the government are starting to bear fruit. Uganda now ranks 115th out of the 190 assessed economies, which is …

The major commercial banks in the country have released statements, lowering their prime lending rates, the lowest lending rates for the best customers to between 21% and 23% per annum. This is in response to Bank of Uganda’s recent decision to lower the Central Bank Rate last month from 14% …

Global taxi service operator struggles over unmet expectations Uber drivers, or partners as the company likes to call them, in Kampala held a meeting with Uber managers on Oct. 18 to address teething challenges the global transporter is facing since it launched in June. Top of the list during the …

VIDEO: Governance experts have cautioned the newly appointed permanent secretaries to beware of cartels of thieves with well-established networks that will be out to block any possible reforms they intend to undertake. ACCORD executive director Dr. Arthur Bainomugisha says the dropping of long serving permanent secretaries offers a chance for a …

Uganda, Russia reach understanding to harness huge Uranium deposits to produce thousands of mega watts from nuclear energy It’s now official; Uganda’s plan to develop nuclear as a source of electricity is on course. On Oct. 13, a Russian government delegation was in Uganda to meet President Yoweri Museveni.  The …

With the Crane Bank being placed under Central Bank management and several other commercial banks being asked to recapitalise, the banking sector in Uganda seems to be under a lot of stress lately. What seems to have brought down Crane Bank does not seem to be a Crane Bank problem …