By Zhang Monan The next decade will witness rising interest rates worldwide amid global economic rebalancing Since 2007, the financial crisis has pushed the world into an era of low, if not near-zero, interest rates and quantitative easing, as most developed countries seek to reduce debt pressure and perpetuate fragile …
Read More »Recalling parliament
By Haggai Matsiko Why does Museveni fear it? Members of parliament seeking to recall parliament for a Special Sitting in defiance of President Yoweri Museveni needed 125 signatures to push their petition through. Previous petitions, including one to impeach the President, had failed. This time the MPs paced around, at …
Read More »HIV/AIDS break through?
By Agencies Scientists develop vaccine they say can temporarily brakes HIV A team of Spanish researchers say they have developed a therapeutic vaccine that can temporarily brake growth of the HIV virus in infected patients. The vaccine, based on immune cells exposed to HIV that had been inactivated with heat, …
Read More »Stop blaming Museveni, says army general
By Haggai Matsiko Maj. Gen. Pecos Kutesa blames fights for money Outspoken UPDF Maj. Gen. Pecos Kutesa says the ongoing tiff between President Yoweri Museveni and parliament shows the danger of politics motivated by money. Gen. Kutesa who was one of the fiercest commanders of the war that brought the …
Read More »Ugandan athletes win in Eldoret race
By Julius Odeke Uganda’s Soyenkwo Kibet caused a major upset by clinching the men’s 12-kilometre race title at the cradle of Kenya’s distance running at the Eldoret Polytechnic. Over 1,000 athletes were in action in the sixth leg of the Kenya Commercial Bank/Athletics Kenya national cross country series with top …
Read More »Ugandan government to refund Shs38bn in stolen donor aid money
By Julius Businge The government of Uganda has today made it public that it will by the end of next week have refunded Sh38bn donor aid money stolen by interdicted government officials so that mutual relationships between the two parties can resume. The announcement comes a month after major donor …
Read More »Wavamunno becomes a Queen’s Knight
By Aloysious Kasoma Prof. Gordon Wavamunno has been ignited as a knight by Her Majesty the Queen of England at St John All Saints Cathedral Nakasero. Wavamunno the Chairman / Commander of St John Uganda was recognized for his tireless and selfless work for human life. According to the press …
Read More »Who benefits from aid to Rwanda?
By Andrew M. Mwenda Recently, the Daily Telegraph published a story quoting David Himbara saying that aid to Rwanda goes to Kagame. Really? A visitor driving from Kanombe airport to downtown Kigali would be struck by the way post genocide Rwanda is shaping herself. The road is smooth to a …
Read More »Hits FM Proprietor alleges witch hunt after UCC suspends political talk shows
By Ronald Musoke Nulu Byamukama, the proprietor of the Fort Portal-based Hits FM and the Member of Parliament for Kitegwenda County in Kamwenge District has labeled UCC’s recent order to suspend two popular political talk shows from airing on his station as a ‘witch hunt.’ The Uganda Communication Communications Commission …
Read More »URA to prosecute tax defaulters, local gov’ts
By Julius Odeke Uganda’s tax body, Uganda Revenue Authority (URA) has published the names of organizations that have defaulted tax payments and has vowed to prosecute them if they do not clear their outstanding tax arrears within seven days. Among the defaulting companies disclosed include; Luwero Industries with an outstanding …
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