Documents leak in Bagyenda, Mutebile fight Kampala, Uganda |HAGGAI MATSIKO | An unprecedented revolt which happened recently at Bank of Uganda against the Governor Tumusiime Mutebile, has led to a spilling of the central bank’s darkest secrets and could potentially damage its reputation and hurt the economy. At its centre …
Read More »Kagame in Uganda
Entebbe, Uganda | THE INDEPENDENT | Rwanda President Paul Kagame has arrived in Uganda for a one-day working visit. The African Union chairman moved straight into a closed meeting with his host, President Yoweri Museveni at State House Entebbe. The meeting is a follow up on the Addis Ababa talks of …
Read More »Museveni warns on Mailo-land evictions
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has assured Bibanja holders living on Mailo land that their land tenure is legally protected and no one should evict them. Those chasing them from their land were doing so illegally, said the President, adding that it was in contravention of …
Read More »Ugandan aid workers held for stealing refugee rations
Kampala, Uganda | AFP | Ugandan police said Friday they had arrested 10 officials working at a camp housing refugees, mainly from neighbouring Democratic Republic of Congo, for stealing food aid. Benon Byamukama, police chief for the region in western Uganda where the Kyaka II refugee camp is located, …
Read More »History as 44 African nations sign free trade area pact
Kigali, Rwanda | AFP | Forty-four African countries have signed an agreement establishing a free trade area seen as vital to the continent’s economic development, the head of the African Union said Wednesday. The creation of a free trade area — billed as the world’s largest in terms of participating …
Read More »Uganda to review Africa Free Trade Area pact
Kampala, Uganda | THE INDEPENDENT & AFP | Uganda has sent a strong delegation to Kigali where African leaders will formally launch the African Continental Free Trade Area Treaty on Wednesday, but the country is reconsidering its full involvement in the pact as it is. Uganda, in many ways like …
Read More »Uganda’s tourism revenue figures
Separating fact from fiction Kampala, Uganda | RONALD MUSOKE | According to official figures, tourism contributed up to US$1.35 billion into Uganda’s export basket in 2016, and was the single highest foreign exchange earner; contributing 23.5% of total exports. Based on those figures, the tourism lobby; which has advocates on …
Read More »Who wins in the proposed NSSF reforms?
Critics say shelving the proposed pension liberalization bill exposes the Shs 9 trillion fund to political and corporate governance risks Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund finally won the battle to retain its status as a mandatory scheme for all employees in informal and formal …
Read More »MTN Uganda rebounds with Sh1.68 trillion revenue
Government move to stop telcos from selling SIM cards through agents could hurt the company’s revenue going forward Kampala, Uganda | ISAAC KHISA | MTN’s subsidiary in Uganda has recorded a surge in revenue for the year ended December 2017 amidst a sharp fall in subscriber base. The full year performance results …
Read More »Tumukunde sacking
TUMUKUNDE SACKING: How Museveni played `inner circle’ politics Kampala, Uganda | HAGGAI MATSIKO | By the time he fired the former Minister for Security; Lt. Gen. Henry Tumukunde, President Yoweri Museveni had been resisting pressure from within his inner circle to act. Tumukunde’s sacking was not an easy decision because he …
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