Legal fight over COSASE looms Kampala, Uganda | HAGGAI MATSIKO | Jan. 14 could see sparks in parliament in a dispute between Speaker Rebecca Kadaga and leaders of the opposition over the tenure of the committee on Commissions, Statutory Authorities and State Enterprises (COSASE). Led by Bugweri County MP Abdul Katuntu …
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BOBI WIN: Will banning the legislator’s concerts cripple him politically? Kampala, Uganda | HAGGAI MATSIKO | Young. Muganda. Catholic. Pop star. This combo makes singer turned politician Robert Kyagulanyi aka Bobi Wine the most complicated political opponent President Yoweri Museveni faces ahead of the 2021 elections. But while the first three …
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From Uganda’s celebrated bankers to 2018 bummers Kampala, Uganda | HAGGAI MATSIKO | In 1991, some of the most powerful people in business and public office In Uganda from western Uganda jointly opened a bank. They called it the Kigezi Bank of Commerce with a commence capitalization of US$20 million. They …
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President will shake up central bank, insiders say Kampala, Uganda | HAGGAI MATSIKO | When the committee investigating the central bank over closed banks starts querying the process surrounding the sale of Crane Bank, one particular question will arise again: How did you zero on dfcu Bank as the …
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Why former BoU supervision director defied parliamentary probe Kampala, Uganda | HAGGAI MATSIKO | A sitting of the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) which is probing Bank of Uganda’s dissolution of seven commercial over 23 years turned dramatic on Nov.20 when central bank officials contradicted …
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Museveni meets Mutebile Behind the scenes efforts to save Kasekende, Mutebile Kampala, Uganda | HAGGAI MATSIKO | What would you say if you saw President Yoweri Museveni and embattled Bank of Uganda Governor Tumusiime Mutebile in a meeting at this time? What if that meeting, which in fact happened last week, …
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KAYIHURA: Charges bogus, says Museveni but ISO says, it has new charges Kampala, Uganda | HAGGAI MATSIKO | Former Inspector General of Police (IGP) Gen. Kale Kayihura could soon be a free man. President Yoweri Museveni has reportedly said that the charges against Kayihura are bogus and he should be released. …
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BOU: Leaked documents raise concerns about the central bank Kampala, Uganda | HAGGAI MATSIKO | Fear of heads rolling at BoU has intensified ever since it was confirmed that the Inspector General of Government (IGG) was looking into the accounts of top officials of the central bank, including the Governor Tumusiime …
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Which opposition politicians are in and what awaits them Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni might soon announce a new cabinet lineup. That is the expectation. And it is driven by both recent events and recent actions by the President. Museveni also plans to shuffle his staff at …
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Museveni fight with oil firms threatens major project Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni’s dream of Uganda getting first oil by 2020 has been hit by a double blow from two international oil companies; Total E&P Uganda and Tullow Oil Uganda. Museveni is battling the two companies on …
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The Independent Uganda: You get the Truth we Pay the Price