By Julius Businge Uganda, which is the third largest economy in East Africa expects to record over $700million as remittances earned by Ugandans living in foreign countries, a top Bank of Uganda official has said. Speaking to journalists at the Bank’s head office in Kampala on Dec. 4, Adam Mugume, …
Read More »Uganda participates in East African procurement forum
By Julius Businge The Public Procurement and Disposal of Public Assets (PPDA) Executive Director, Cornelia Sabiiti is leading a team of 19 professionals to a regional procurement forum in Bujumbura, Burundi that runs from Dec. 5 to 7, the procurement body said in a press statement released on Dec. 5. …
Read More »Uganda ranks 130th most corrupt worldwide
By Sarah Namulondo Uganda has regained its 2009 position of the 130th most corrupt country in the world. According to Transparency International’s Corruption Perceptions Index 2012, Uganda scored the same as Ivory Coast and Nicaragua in the corruption perceptions index. This is a great leap by 13 from last year’s …
Read More »Eritrean national soccer players choose to remain in Uganda
By Ronald Musoke The Eritrean national soccer team comprising 18 players that has been in Kampala participating in the ongoing CECAFA Tusker Challenge Cup has reportedly disappeared. The team whose moniker is the Red Sea Boys was eliminated at the group stages on Friday, Nov. 31 after their final match …
Read More »Movember Uganda – changing the face of men’s health
By Sarah Namulondo Movember Uganda a global prostate cancer awareness and fundraising campaign has finally come to an end. The campaign was aimed at changing the face of men’s health by encouraging men to go for early prostate cancer testing, detection, diagnosis and effective treatment to cure this preventable cancer. …
Read More »Germany suspends aid to Uganda
By Sarah Namulondo Germany has finally followed suit in suspending it’s proposed on budget support to Uganda after several withdrawals from donor countries under the Joint Budget Support Framework (JBSF). The German Government, as other development partners was appalled by the level of the recent mishandling of development partners’ funds …
Read More »Uganda needs political hygiene – Prof. Nsibambi
By Julius Odeke and Joseph Were Former Prime Minister Apolo Nsibambi spoke to The Independent’s Julius Odeke and Joseph Were about the ongoing corruption investigations in OPM. The Accountant General, Gustavio Bwoch, told the Parliamentary Accounts Committee investigating alleged corruption in the Office of the Prime Minister that while you …
Read More »US presses Uganda on Gay Bill
By Sarah Namulondo The United States spokeswoman for the State Department, Victoria Nuland, has said that the US is pressing Uganda not to pass an “Anti-Homosexuality Bill,”. The bill was denied in 2009 but resurfaced this year in February when the parliament resumed its proceedings. MPs applauded as Ndorwa West …
Read More »Samsung strengthens base in Uganda
By Julius Businge Samsung, a global company dealing in semiconductor, telecommunication, digital media and digital convergence technologies is conducting Samsung week which aims to increase local knowledge and awareness about the company. The week that started on Nov. 25 in Kampala and ends on Dec. 1 will see the company …
Read More »Ugandan shilling tumbles
By Julius Businge The Uganda shilling tumbled 2.2% against the dollar touching 2670/80 in the week ending Nov. 23 from the previous close of 2605/15. The central bank intervened in the early morning session on Friday-Nov. 23 to halt the slide as demand for dollar surged. Denis Mashanyu, the forex trader …
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