Details of Museveni meeting Blow-by-blow account of fight wrecking central Bank Kampala, Uganda | HAGGAI MATSIKO | Emmanuel Tumusiime Mutebile, 69, the Governor and his Deputy, Louis Kasekende, 59, have until recently been seen as major pillars of Bank of Uganda (BoU). One has been credited for building the foundations …
Read More »Sh250 billion fund to lift youth out of poverty
Four years later, Youth Livelihood Programmeimplementers assess its impact Kampala, Uganda | HAGGAI MATSIKO | A business venture by a group of eleven youth in Katebe Village, Kamwenge district is thriving after they got a Shs 7.7 million interest free loan in 2015 from the Youth Livelihood Programme (YLP); a …
Read More »Dirty secrets of Sh200 billion Crane Bank sale
Documents leak in Bagyenda, Mutebile fight Kampala, Uganda |HAGGAI MATSIKO | An unprecedented revolt which happened recently at Bank of Uganda against the Governor Tumusiime Mutebile, has led to a spilling of the central bank’s darkest secrets and could potentially damage its reputation and hurt the economy. At its centre …
Read More »Tumukunde sacking
TUMUKUNDE SACKING: How Museveni played `inner circle’ politics Kampala, Uganda | HAGGAI MATSIKO | By the time he fired the former Minister for Security; Lt. Gen. Henry Tumukunde, President Yoweri Museveni had been resisting pressure from within his inner circle to act. Tumukunde’s sacking was not an easy decision because he …
Read More »How Museveni plotted to bring police under Military’s thumb
Museveni appoints Gen.Tumwine, Magyenyi to bring ‘infiltrated’ police under Military’s thumb Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni on Sunday March 04 moved to clean up the shabby image of the country’s security agencies when he fired Police Chief Gen. Kale Kayihura and Security Minister Lt.Gen. Henry Tumukunde. Although …
Read More »Bad economy pushes Kasaija, Muhakanizi in tight corner
Finance under attack over Shs.750 bn fresh borrowing, faces tough IMF Kampala, Uganda | HAGGAI MATSIKO | Matia Kasaija and his team at the Finance Ministry find themselves in a very tight corner as they look for Shs29.2 trillion to finance a new budget. Previously, finding cash did not present …
Read More »Fight over Shs44 trillion mobile money
Telecoms protest State House move to monitor business Kampala, Uganda | HAGGAI MATSIKO | A fight is raging between telecom operators on one side, and the Uganda Communications Commissions (UCC), the Uganda Police Force, and State House on the other, over moves to monitor the Shs44 trillion mobile money business. At …
Read More »The Shs700bn loan saga and calls to censure Kasaija
The politics behind calls to censure Kasaija, fire Muhakanizi Kampala, Uganda | HAGGAI MATSIKO | Recently, according to State House sources, President Yoweri Museveni was on phone with Secretary to the Treasury, Keith Muhakanizi. He sounded to be in no mood for pleasantries. “I am tired of this,” the president …
Read More »‘Saleh proposal on ministries will fail’
Museveni is the problem, insiders say Kampala, Uganda | HAGGAI MATSIKO | Efforts by an undercover team to study areas of wastage in government departments with a view to make public service delivery leaner, less costly, and more effective fear running into trouble from an unlikely source; President Yoweri Museveni. This …
Read More »The fall of Kayihura’s men
How the war between Kayihura and CMI crashed Boda Boda 2010 Kampala, Uganda | HAGGAI MATSIKO | The circumstances surrounding the arrest of Abdalla Kitatta, the self-proclaimed patron of Boda Boda 2010, has become a talking point in security circles about how far the military is willing to go to dismantle the …
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