Group E Saturday Uganda v Congo Brazzaville 4pm Sunday Egypt v Ghana 7pm Cranes coach Milutin ‘Micho’ Sredojevic is talking up his team’s chances in a tough group ahead of World Cup Africa qualifiers this weekend. “Some Africans compare the Uganda national team to a motorbike competing in a Formula One …
Read More »Uganda’s economy sound, says IMF
The economy isn’t in such a bad shape as earlier thought, the International Monetary Fund (IMF) has said in its latest assessment. Speaking at the conclusion of a two-week’s 7th review of Uganda’s economic programme under the Policy Support Instrument (PSI), Axel Schimmelpfennig, the IMF Mission chief, said the country’s prospects …
Read More »Lungu goal gives Zambia victory in Uganda
Johannesburg, South Africa | AFP | Zambia edged hosts Uganda 1-0 on Tuesday in a warm-up match for both countries ahead of 2018 World Cup qualifiers this weekend. Chisamba Lungu, a 25-year-old attacking midfielder who plays in the Russian Premier League, scored the winner on 25 minutes in Kampala. What …
Read More »Archbishop Ntagali wins West Ankole Diocese court case
The High Court in Kampala on Tuesday ruled that the Archbishop of the Church of Uganda Stanley Ntagali lawfully took over the episcopal jurisdiction of West Ankole Diocese. Justice Lydia Mugambe said that under Canon Law, Ntagali has powers to take over the seat of any vacant diocese until a new …
Read More »Museveni in Addis for AU meeting on Libya crisis
President Yoweri Museveni is in the Ethiopian capital Addis Ababa on a two day working visit to the Africa Union Commission, where he will attend an African Union High Level Committee meeting on Libya. Museveni headed straight to the AU Headquarters where he joined other other presidents attending the AU …
Read More »The week that was: Museveni on irrigation, MPs tax bill bounces back
HUMOR – THE WEEK THAT WAS: Museveni and irrigation, MPs tax-free bill and Kadaga speaks on expenditure President Museveni fetched water in a jerrycan to show Luwero peasants how to irrigate their crops. The Bill exempting MPs from paying taxes has been sent back to the President without amendment. …
Read More »The week that was: Trump defiant, IGP seeks citizens help
HUMOR – THE WEEK THAT WAS: Trump defiant, IGP seeks citizens help Donald Trump refuses to pledge to respect a Clinton win in U.S presidential race. I.G.P. asks police officers to seek financial assistance from citizens that will buy fuel.. Bank of Uganda takes over crane Bank. Share on: WhatsApp
Read More »RAFSCED: Facilitating Russia-Uganda cooperation
Karen Melik Simonyan is the President of Russian African Foundation for Science, Culture and Economic Development (RAFSCED), an initiative aimed at furnishing both the African and Russian Business communities about the business opportunities that do exist in both countries, as well as other African countries. He spoke to Nicole Namubiru …
Read More »Uganda rises on 2017 World Bank Doing Business rankings
Better business climate Uganda’s ranking in the 2017 World Bank’s Ease of Doing Business has improved by seven places, a development that shows that ongoing business environment reforms being implemented by the government are starting to bear fruit. Uganda now ranks 115th out of the 190 assessed economies, which is …
Read More »Commercial banks lower lending rates
The major commercial banks in the country have released statements, lowering their prime lending rates, the lowest lending rates for the best customers to between 21% and 23% per annum. This is in response to Bank of Uganda’s recent decision to lower the Central Bank Rate last month from 14% …
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