Analysts predict a rebound in the market activities this year and so is the surge in prices Trading activities on the Uganda Securities Exchange showed a high decrease in market turnover on Jan.06, registering a 97.2% decline to Shs51million compared with the previous day. The All Share Index modestly increased …
Read More »Parliament to vet ambassadors, Kyabazinga not on list
The Parliamentary Appointments Committee convenes today to vet the recently appointed ambassadors and their deputies. The committee chaired by the speaker of parliament Rebecca Kadaga will also vet the nominee for state minister of works General Edward Katumba Wamala. However, the name of the Kyabazinga of Busoga, William Wilberforce Gabula IV …
Read More »ANALYSIS: Mao’s DP test
Members say leader of oldest party in country must either quit or wind it up The leadership of President Norbert Mao of the Democratic Party is increasingly coming under major scrutiny. Mao is being accused of weakening Uganda’s oldest party with some critics saying he has ‘sold’ the party to …
Read More »Rose Akol, Musamali top NRM EALA race
NRM caucus Elects 6 for EALA as it vows to block all hostile opposition aspirants from the remaining 3 slots Former Minister for Internal Affairs Rose Akol Okullo and Paul Musamali, a policy analyst in the office of government chief whip came top in Wednesday’s election to pick NRM flagbearers for the East …
Read More »ART: Uganda through Miller’s lens
There is something about Uganda that fascinates as well as it baffles, especially foreign eyes. It appears that the much touted mantra of “gifted by nature” strikes more of a chord among foreigners than Ugandans. Could it be that Ugandans are caught in the rut of the old adage, “familiarity …
Read More »IMF on spot over liberalization policy
Christine Lagarde says government need to focus on reducing inequality The International Monetary Fund Managing Director Christine Lagarde on Jan. 27 found herself on the defensive as the audience sought for the global fund’s roles on Uganda’s development. This was during a public lecture held at the Kampala Serena Conference …
Read More »EABL registers a 2% growth in profit after tax to Shs 188bn
Shareholders of the regional beer maker, East African Breweries Limited (eabl) are set to receive a dividend of Kshs 2 (Shs 68) per share even as the company recorded a 2% growth in profit after tax to Shs 188bn in the second half of the year ending December 31, 2016 …
Read More »Embrace modern farming, Dr. Byanyima tells Isingiro
Residents of Isingiro district have been called upon to embrace modern farming to cushion themselves against drought and famine in the district. The call was made by the president of Rotary Club of Kololo Dr. Rosemary Byanyima during a tour of the The Omukabaare Heifer Project. The project is aimed at mitigating …
Read More »Fourteen dead after truck rams into taxi in Lugazi
Police has confirmed that 14 passengers traveling in a taxi registration number UAZ 350 U from Eastern Uganda to Kampala are dead after an accident involving a truck registration number UAU 650 S in Sagazi-Lugazi. Uganda Police PRO Sezibwa Region Lameck Kigozi told the media that the driver of the lorry …
Read More »BOOK REVIEW: Footprints of the Outsider
Many readers will easily relate with the realism in Julius Ocwinyo’s latest novel Julius Ocwinyo is arguably among Uganda’s literary luminaries, thanks to his three major fictional works that include the much acclaimed ‘Fate of the Banished’ (1997) that featured quite prominently in Uganda’s literature syllabus at university level, ‘The …
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