NEWS

Food prices remain high as service companies offer cuts The end of year festive season is coming during tough times and businesses need to devise new ways of reaching out to old customers and attracting news ones, according to Charles Ocici, the executive director of Enterprise Uganda, a UNDP sponsored …

CIC Insurance Group seeks Shs7.25billion in share offer to fund expansion Regional insurance firm, CIC Africa Insurance holds just 0.01% of Uganda’s insurance business but it has signaled its determination to change that with plans offer shares to selected Ugandan cooperatives and Savings and Credit Cooperative Societies (SACCOS). The plan …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …