Oil pundits sees Tullow Oil plc.’s new share sale a strategy to exit the country’s oil sector London-Based Tullow Oil plc’s announcement that it is once again scaling down its stake in Uganda’s oil development, shedding off nearly two thirds of its shareholdings to the rival firm, Total E&P for …
Read More »Rethinking Uganda Airlines
Analysts say the government needs Shs800bn subsidy annually to keep national carrier in the air The good news is that if President Yoweri Museveni’s New Year 2017 pledge is implemented, Uganda could end this year with a revived national air carrier. The bad is that the revived Uganda Airlines could …
Read More »Shs18 trillion unused irks Suruma
Advises Muhakanizi, Kasaijja: Read before you borrow Keith Muhakanizi, the secretary to the treasury, appears to have mastered the art of passing the buck to his team of accounting officers whenever the question of the government failure to use borrowed money comes up. In the latest melee, Muhakanizi finds himself …
Read More »Economic growth Vs development
THE LAST WORD: By Andrew M. Mwenda Don’t judge Uganda by where it is but by the speed at which it is growing I have been arguing that Uganda’s economy has been growing at an impressive rate over the last 30 years. Many readers have written to me saying that …
Read More »Scandal over Museveni’s Shs 6bn ‘handshake’
Stars of anti-corruption fight caught in secret deals with President As debate rages over the controversial Shs. 6 billion reward (presidential handshake), former Attorney General (AG) Fred Ruhindi’s defence of it, might just be the winner.Ruhindi is one of the 42 select officials who received the reward from President Yoweri …
Read More »Kasese elders ask for pardon as Mumbere’s bail application hearing is blocked
Ever since clashes broke out in Kasese in November leaving the Rwezururu King Wesley Mumbere imprisoned, politicians including leader of opposition in parliament Winnie Kizza and Kasese district MP Robert Centenary have been drowned in numerous meetings. In none of these have they accepted that their king masterminded the attacks …
Read More »Investigation into Ministry of Health fire commences
As speculation over what caused the fire that gutted Ministry of Health headquarters in Kampala on Sunday continued, the area was sealed off pending investigation. Speaking to journalists on Jan.09, State Minister for Health Sarah Opendi revealed that though it wasn’t an official working day, some staff were in office …
Read More »Uganda Cranes wins awards
Since the National Team Uganda Cranes beat Comoros last year to qualify for the African Cup of Nations set to take place in Gabon, they have been making success after success. Goal Keeper Denis Masinde Onyango was recognized as the African player of the year 2016 based in Africa category …
Read More »Medical council sets new consultation fees
Owing to increasing complaints of patients being overcharged at health facilities, the Uganda Medical and Dental Practitioners Council released a set of new guidelines streamlining average charges for particular health procedures. Dr Katumba Sentongo, the Council registrar said the report on Professional Fees Guidelines for Health Care Professionals in Uganda …
Read More »Auditor General’s report shows inefficiencies in loan absorption
As of June30, committed but un-disbursed debt stood at Shs18.1trillion, this is according to the new report released by the Auditor General. In the report, the auditor General revealed that several loans performed poorly whereby some had reached closing date yet others were nearing expiry without being fully disbursed something …
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