COVER STORY: Government secretly giving bail outs? Information unearthed by The independent reveals that despite the public backlash against the proposed bail out of sinking companies, the government has resorted to a secret plan to bail out some of the businessmen including one who received a staggering Shs47bn. LAST WORD: …
Read More »Top 10 summer European transfers
Paris, France | AFP | The 10 biggest moves during the European summer transfer window, which closed on Wednesday: Paul Pogba Juventus to Manchester United, 89 million pounds (105 million euros, $116 million) The summer’s most long-running transfer saga concluded with France midfielder Pogba returning to former club United in …
Read More »Rwakafuzi – Ssekitoleko can’t handle age limit motion
VIDEO: A city constitutional lawyer has queried the ability of a private member of parliament pushing for a constitutional amendment that should be pushed for by the government. While reacting to Ssekitoleko’s motion requiring lifting of the age limit of judicial officers, Laudislus Rwakafuzi noted that the MP is not competent enough when …
Read More »47bn: URA-KCCA-URBS tax partnership already bearing fruits
A partnership between four Uganda government institutions to widen the tax base through improved collaboration is already bearing fruits as it helped realize an extra sh47.6.bn shillings in revenue in 2015/16. The Uganda Registration Services Bureau (URSB), Ministry of Local Government, Uganda Revenue Authority (URA) and Kampala Capital City Authority (KCCA) on Thursday …
Read More »Appointments of judges – Is raising age limit a solution?
VIDEO: The age limit motion that was brought to parliament by Nakifuma legislator Kafeero Ssekitoleko has created debate and has attracted different reactions. Dr Kakungulu Mayambala a law don at Makerere University says lifting the age limit is not the solution to the case back-log in the judiciary and cannot solve …
Read More »EU calls for calm as Gabon descends into ‘deep crisis’
Brussels, Belgium | AFP | EU foreign policy chief Federica Mogherini called for all sides in Gabon to reject violence as the country descends into chaos following presidential elections. “The official announcement of results has plunged Gabon into a deep crisis,” Mogherini said in a statement. “It is important for …
Read More »Social media for Ugandan regulators
COMMENT: By David Birungi The slippery road to creating awareness and mandate without the benefit of a guard rail Stanbic bank’s recent announcement of their mid 2016 unaudited financial results included a declaration of a 57% growth in profitability. This comes on the heels of media frenzy about demands for …
Read More »Yo: Ensuring a cashless economy
INTERVIEW: Gerald Begumisa, the managing director of Yo Uganda Ltd, spoke to Flavia Nassaka about operating an ICT business in an economy where ICTs are still under developed. What are the key elements in your management style? My focus is value for shareholders. How this value is created is through …
Read More »Breadwinning men may have more money, but poorer health
Tough health choices for men: Bread-winning men may have more money, but poorer health Men who earn more money than their wives may be rolling in the bucks, but they tend to have poor health and heightened anxiety, new research shows. Researchers analysed surveys from 9,000 young married men and women …
Read More »Trump vows no legal status for those who enter US illegally
Phoenix, United States | AFP | Republican presidential candidate Donald Trump issued a stern warning Wednesday to people intent on sneaking into the United States, saying those who enter illegally would never obtain legal status. “Our message to the world will be this: you cannot obtain legal status or become …
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