Global taxi service operator struggles over unmet expectations Uber drivers, or partners as the company likes to call them, in Kampala held a meeting with Uber managers on Oct. 18 to address teething challenges the global transporter is facing since it launched in June. Top of the list during the …
Read More »VIDEO: New Permanent Secretaries warned against ‘cartels in government’
VIDEO: Governance experts have cautioned the newly appointed permanent secretaries to beware of cartels of thieves with well-established networks that will be out to block any possible reforms they intend to undertake. ACCORD executive director Dr. Arthur Bainomugisha says the dropping of long serving permanent secretaries offers a chance for a …
Read More »Nuclear to the rescue?
Uganda, Russia reach understanding to harness huge Uranium deposits to produce thousands of mega watts from nuclear energy It’s now official; Uganda’s plan to develop nuclear as a source of electricity is on course. On Oct. 13, a Russian government delegation was in Uganda to meet President Yoweri Museveni. The …
Read More »ANALYSIS: Lessons from Crane bank woes
With the Crane Bank being placed under Central Bank management and several other commercial banks being asked to recapitalise, the banking sector in Uganda seems to be under a lot of stress lately. What seems to have brought down Crane Bank does not seem to be a Crane Bank problem …
Read More »Chinese angry with Museveni
Threat to cut funding leads to fight among energy bosses Sparks are flying between President Yoweri Museveni and his Chinese lenders, Exim Bank, on one hand and between Ministry of Energy officials and of the Uganda Electricity Generation Company Ltd (UEGCL) on the other. Trouble is over the piling up …
Read More »Rethinking the banking industry
THE LAST WORD: By Andrew M. Mwenda Lesson for Central Bank from the experience of the takeover of Crane Bank This week, the government injected Shs 200 billion into Crane Bank to bolster its liquidity position. This is only 40% of the Shs 500 billion needed to bring the bank …
Read More »Inter-ministerial committee to handle Uganda’s horticulture challenges
Minister of Trade, Industry and Cooperatives Amelia Kyambadde has set up an inter-ministerial committee to address challenges the horticulture industry in Uganda is currently facing. Kyambadde said the committee would help iron out all the grey areas to the ease of the flower business in Uganda. The minister disclosed this …
Read More »Apostolic Nuncio Kasujja leaves Nigeria for Belgium
VATICAN RADIO: The new Apostolic Nuncio to Belgium, Archbishop Augustine Kassujja, who hails from Uganda, is an experienced diplomat who has served the Holy See for many years. Born in 1946, Archbishop Kasujja is the first non-European Nuncio to Belgium. According to the Catholic Secretariat of Nigeria, Archbishop Kasujja leaves …
Read More »VIDEO: All I want is an organized Kampala city, Museveni says
VIDEO: President Yoweri Museveni has hit back at Kampala politicians fighting the government decision banning vendors off the streets, terming them as cheap politicians. Speaking out on the matter for the first time since cabinet issued the directive, Museveni says he cannot “commit suicide” by letting vendors remain on the streets. …
Read More »Uganda High Court bans Gates-backed schools
Uganda’s High Court on Friday ordered the closure of a chain of low-cost private schools backed by Microsoft and Facebook founders Bill Gates and Mark Zuckerberg. Judge Patricia Basaza Wasswa ruled the 63 Bridge International Academies provided unsanitary learning conditions, used unqualified teachers and were not properly licensed. The ruling …
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