COMMENT: By Geoffrey A Onegi-Obel The capital markets industry offers solutions for the country’s middle income economy challenge There has recently been an endless flow of ‘brilliant’ opinions about the way forward for Uganda’s ailing economy but none has so far had clarity that demonstrates understanding of the Economic Development …
Read More »Uganda’s political parties share Shs3 billion
The Ministry of Finance, Planning and Economic Development has confirmed it has released Shs3billion for political parties with representation in Parliament. The Electoral Commission Spokesperson Jotham Taremwa said the money had been wired to four political parties that are also members of the Inter Party Organization for Dialogue (IPOD). National …
Read More »Legislators task Muhakanizi on contingency fund
Due to the increasing number of Ugandans facing starvation, the Parliamentary Public Accounts Committee (PAC) has tasked the Ministry of Finance, Planning and Economic Development to quickly operationalize the contingency fund to cater for emergencies. This was revealed when Keith Muhakanizi, the secretary to the Treasury appeared before the committee to …
Read More »Uganda marks World Diabetes Day
Uganda has joined the rest of the world to mark the World Diabetes Day. Speaking to journalists, Health Minister Dr. Jane Ruth Aceng said 80% of Ugandans are suffering from diabetes yet unaware. The country is estimated to have more than 500,000 people living with the disease. This makes them …
Read More »Pope creates 17 cardinals, ‘Princes of the Church’
Vatican City, Holy See | AFP | Pope Francis will create 17 new cardinals from across the globe Saturday in a time-honoured ceremony, elevating them to an elite body that advises and elects popes. Three of them are from the US, while others come from corners of the world where …
Read More »Former Old Kampala DPC Mwesigye has a case to answer
Buganda Road Court has ordered the former Old Kampala DPC Joram Mwesigye to defend himself against charges of assaulting a WBS TV journalist Andrew Lwanga. Grade One Magistrate Gladys Kamasanyu ruled that when she perused the evidence of the six prosecution witnesses, she found it sufficient to put ASP Mwesigye on …
Read More »Justice Byabakama new head of Uganda Electoral Commission
The new EC: 1. Justice Simon M. Byabakama – Chairperson 2. Hajjati Aisha Lubega – Deputy Chairperson 3. Mr. Peter Emorut – Member 4. Mr. Stephen Tashobya – Member 5. Prof. George Piwang – Member 6. Mr. Mustapha Ssebagala Kigozi – Member President Yoweri Museveni has nominated Court of Appeal’s Justice …
Read More »Parliament orders probe into ‘sinking’ Uganda Telecom
Parliament has approved a report and passed a motion seeking to establish a select committee to investigate alleged mismanagement of Uganda Telecom Limited (UTL). Top officials of the company have also been barred from travelling abroad until the probe is finished. Following the debate on a report “The predicament at …
Read More »MP Kabaziguruka petitions Constitutional Court
Nakawa MP Michael Kabaziguruka on Thursday petitioned the Constitutional Court, seeking it to declare the General Court Martial and other military courts unconstitutionally established. Kabaziguruka, who faces treachery charges before the General Court Martial, is out on bail granted by Kampala High Court. Judge Yasin Nyanzi heard Kabaziguruka’s bail application last …
Read More »DR Congo appoints new prime minister
Kinshasa, DR Congo | AFP | DR Congo’s president on Thursday named an opposition lawmaker and former diamond dealer as prime minister under a controversial power-sharing deal that effectively extends President Joseph Kabila’s term in office. Samy Badibanga will be the country’s next prime minister, according to a presidential decree …
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