The latest threat to commercial banking? At the end of November 2016, the Uganda Revenue Authority’s staff Savings and Credit Cooperative (SACCO) held up to Shs12.6 billion on its account as the cumulative savings of its members.That amount is triple the minimum capital requirement to start a Tier II bank …
Read More »INTERVIEW: Suspension of project good for Ugandans – World Bank
The World Bank’s Board of Executive Directors met on Nov.22, discussed and upheld the decision to suspend the $265m Uganda Transport Sector Development Project (TSDP), a transport sector development initiative following an investigation carried out on one project (the Fort Portal-Kamwenge Road) by the Inspection Panel— the Bank’s internal …
Read More »RWANDA: Musanze’s Red Rocks
Where tourists learn firsthand about Rwanda When tourists come to Rwanda, they want to experience something different. That is why we have come up with different programs to ensure visitors who come to us go back with something they are going to remember for a long time, writes Joseph Ondiek …
Read More »ANGOLA: 40 years of total control
How the reign of Dos Santos shaped Angola Angolans endured a bloody civil war and extreme poverty as for nearly 40 years power rested solely in the hands of autocratic President Jose Eduardo dos Santos. State radio’s announcement that he will stand down next year appears to be the beginning …
Read More »Kiggundu moves to fix Karuma dam cracks
Museveni’s new team at Energy ministry grills Chinese contractors The midday sun is beating down hard at Karuma; site of what will be Uganda’s biggest electricity dam; the 600MW Hydropower Dam under construction. Gargantuan tower cranes stand several feet high, hoisting thick blocks of pre-fabricated concrete and iron bars atop …
Read More »Workers dying at Chinese sites rise
These Chinese contractors don’t care at all, says Labour minister vow to whip them into line The human cost of accidents, poor health and safety conditions under Chinese contractors in Uganda has come under scrutiny and what is emerging is raising serious concerns. At the heart of the latest concerns …
Read More »France’s new look at Uganda
Stephanie Rivoal, the new French Ambassador to Uganda presented her credentials to President Yoweri Museveni on Oct. 21. She later spoke to the press at her residence in Nakasero on Nov. 18 about France’s ties with Uganda. This is Rivoal’s first posting as a diplomat and, she says, it is …
Read More »Bunyoro Kitara diocese gets new bishop
Rev Canon Samuel Kahuma, 57, has been consecrated as the new Anglican Bishop of Bunyoro Kitara diocese in Hoima. Kahuma was presented before Archbishop Stanley Ntagali formally for a few queries to determine whether he was qualified for admission into the church administration. “I am determined by God’s grace. I …
Read More »Rights Body investigates Kasese clashes
Uganda Human Rights Commission (UHRC) has commenced investigations into the killings in Kasese that claimed over 60 people. UHRC issued a statement saying it will make public its findings as per a directive from the Speaker of Parliament Rebecca Kadaga. The commission sent a team to Kasese on Nov 29 …
Read More »Mao wants IPOD dissolved
Democratic Party President Nobert Mao wants Inter Party Organisation for Dialogue (IPOD) disbanded. Mao said dialogue loses meaning if ideas are discussed only for shelving. “Politics is about having processes that lead to decisions but if entities tasked with this cannot achieve it, then citizens see no value in the …
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