By William White It is impeding the necessary process of deleveraging, threatening the `independence’ of central banks, raising asset prices The world’s central banks are engaged in one of the great policy experiments in modern history: ultra-easy money. And, as the experiment has continued, the risk of failure – and …
Read More »A case of misguided students
s By Stephen Kafeero The Rwandan Ambassador to Uganda H.E Frank Mugambagye has refuted claims attributed to Rwandan students who fled to Uganda in pursuit of asylum, that they were being conscripted into the M23 rebel group among others as baseless and ridiculous. The diplomat who was speaking to the …
Read More »Under nutrition costs government 1.8 trillion annually
By Abushedde Angella An estimated 1.8 trillion Ugandan shillings is lost annually as a result of under nutrition according to the findings of a ground breaking study on the cost of hunger launched yesterday at Imperial Royale Hotel. The study was conducted by the government of Uganda with the support …
Read More »Germany donates equipment to Uganda police
By Stephen Kafeero In a move to strengthen the cooperation between the German and Uganda Police in the fight against international terrorism and organized crime, the Uganda Police has today received a contingent of 4 vehicles and other communication equipment from the Federal Republic of Germany to support the Forensic …
Read More »ICC prosecutor opens investigation into war crimes in Mali
By Julius Odeke The International Criminal Commission (ICC) Prosecutor Fatou Bensouda today formally opened an investigation into alleged crimes committed on the territory of Mali since January 2012. This decision is the result of the preliminary examination of the situation in Mali that the Office had been conducting since July …
Read More »Umeme to take Pre-paid Metres nationwide
By Ronald Musoke Maria Kiwanuka, the finance minister has said she expects all electricity users in Uganda to have pre-paid metres within two years as a new measure to check power theft. While speaking to members of the private sector at a post-budget analysis luncheon on June 14, Kiwanuka noted …
Read More »Africa Progress Panel to G8: Tax avoidance hurts African economies
By Ronald Musoke & Agencies The Africa Progress Panel has today urged the G8 leaders meeting at a two-day summit in Lough Erne, Northern Ireland, to make company ownership transparent, exchange tax information and support Africa’s tax collection agencies. The panel that advocates for equitable and sustainable development in Africa …
Read More »Museveni’s `stress’ of the nation
By Peter Nyanzi President’s frustration, lamentations at poor service delivery fail to lift population from hopelessness Of course it will be built, the question is when?” was a mechanic’s terse response to President Yoweri Museveni’s assertion during the State of the Nation Address on June 7 that the 600 MW …
Read More »Lake Victoria losing its fish
By Ronald Musoke Why tasty Nile Perch is giving way to tiny Mukene Mathias Wafula is a worried man. As deputy executive secretary of the Lake Victoria Fisheries Organisation’s (LVFO), he is constantly analysing the fish stock of the world’s second largest fresh water body. That mainly involves analyzing the …
Read More »Museveni calls Egypt’s statements about River Nile Chauvinistic
By Ronald Musoke President Yoweri Museveni spared some few minutes at yesterday’s budget reading to warn the Egyptian government against uttering ‘chauvinistic statements’ in regard to the use of the River Nile waters. Museveni’s caution followed an impassioned speech by the Egyptian President, Mohammed Morsi ,on June 10 when he …
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