President Museveni named Michael Atingi-Ego as Bank of Uganda Governor yesterday. "We trust his leadership will strengthen our financial systems," Museveni said during the announcement.Michael Atingi-Ego grew up h
Matz Sels was the Nottingham Forest hero as he saved two penalties in the shoot-out to beat Brighton and reach the FA Cup semi-finals.After 120 minutes of stalemate at the Amex, where the jeopardy of knockout football took over, Sels proved decisive as he saved from Jack H
Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment
KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.
The Church of Uganda has firmly opposed the government’s proposal to collect school fees through the Uganda Revenue Authority (URA), arguing that the policy would negatively impact the development of schools.Dur
A retired Ugandan army officer who was once close to President Yoweri Museveni found a new and important job after leaving the government. Colonel (Retired) Fred Mwesigye, who was part of Uganda’s military and politics for many years, is now in a powerful posi
The March 23 Movement (M23) rebels have announced plans to establish their own banking system in areas under their control in the Democratic Republic of Congo (DRC), signaling their continued hold over the region.
Big changes are happening in Uganda’s electricity sector as UMEME’s 20-year concession officially comes to an end on March 31. With this shift, many people have been concerned about what will happen to UMEME workers.
A storm is brewing over the true cost of buying out Umeme Limited, Uganda’s electricity distributor, as discrepancies in the numbers come to light.The Auditor Genera, Edward Akol has advised the government to pa
In a statement, Ofwono Opondo, a well-known political commentator, sharply criticized the National Resistance Movement (NRM) for allegedly ferrying people to Kawempe as part of their campaign efforts.According to
