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The Independent

Record Television dragged to court

By Julius Odeke Former workers of Record Television have dragged the management of the troubled Record Television Uganda to court over charges of violating workers’ constitutional rights. The top managers of Record Television will on November 8, 2012 appear at Kampala High Court before Lady Justice Elizabeth Musoke to defend …

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BoU sets November CBR to 12.5%

By Julius Businge The Bank of Uganda has reduced the central bank rate (CBR) to 12.5% in November from 13% in October with the aim to influence cuts in commercial bank lending rates and boost economic growth, central bank governor Emmanuel Tumusiime Mutebile told reporters in Kampala on Nov. 1. …

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Denmark’s Cuts Aid to OPM

By Sarah Namulondo The Ambassador of Denmark H.E. Dan E. Frederiksen has today announced Denmark’s decision to cutting all funds going to the office of the Prime Minister (OPM). On behalf of his Country, the Ambassador said that Denmark has zero tolerance towards corruption and the cutting of the funds …

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