Friday , March 14 2025

The News Today

Uganda pension assets up 25%

Pension sector assets topped Shs 6.5 trillion in 2015, a new report by the Uganda Retirements Benefits Regulatory Authority (URBRA) has shown. URBRA CEO David Nyakundi told journalists that the increase in the assets was attributed to the improving quality of governance in both public and private schemes in the …

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EU, EAC trade conundrum

Barely eight weeks to the October 01 deadline for the East African Community (EAC) to sign the Economic Partnership Agreement (EPA) with the European Union (EU), one would expect the regional bloc to be handling the issue with a degree of urgency.  Apart from Kenya, the rest of the member …

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Govt picks four companies for oil licencing round

Government has picked four companies to  negotiate Production Sharing Agreements (PSAs). The Ministry of Energy and Mineral Development, in a statement, said evaluation of bids for the first competitive licensing round were complete and successful companies invited to negotiate Production Sharing Agreements (PSAs). The four companies are: 1. Armour Energy …

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Police starts NTV video inquiry

Police has admitted that the alleged actions by a police driver in an NTV video footage released on Saturday “are concerning and highly regrettable by management.” In the video, a police vehicle knocks a man as he waves to former FDC presidential candidate Rtd.Col Kizza Besigye as he drove through …

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ISO, PSs to lead fight against corruption

The Internal Security Organisation (ISO) and Permanent Secretaries should be at the forefront in the fight against corruption, president Yoweri Museveni has said. “ISO and Permanent Secretaries and other accounting officers at district level are the ones who should help us fight corruption because they have a countrywide network,” Museveni …

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Entebbe Airport shows it can handle crashes

The usually quiet Entebbe town was paralyzed Friday morning when the Civil Aviation Authority (CAA) conducted a fire drill at the airport. It was a simulation of an aircraft crash, and the expected response from all bodies concerned in such an event.  Grade B Hospital in Entebbe, Nsambya Hospital, Rubaga …

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