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Tag Archives: Uganda

Museveni: Exporters to S.Sudan will be considered for bailout

President Yoweri Kaguta Museveni has said companies that sold goods to the government of South Sudan and have not been paid will be considered for a bailout. Museveni told Uganda’s Political Leadership Retreat at the National Leadership Institute (NALI), Kyankwanzi that these companies require government intervention because they are exporting …

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Simple art for simple minds

How limited exposure limits producers of culture When artist Maria Kizito of the Makerere art school returned to Uganda in 2005 from Ireland with a PhD in studio practice, he sought to overturn the prevailing mundane formal techniques of art expressions that he found boring, untenable and simply antiquated. But …

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VIDEO: President Museveni pledges to bailout struggling companies

NBS: President Yoweri Museveni has finally broken the silence on the much talked about financial bailout of struggling companies insisting consideration will be given to companies that lost money in business transactions with the government of South Sudan. The president also revealed that companies that supplied government departments and have …

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BOU’s Kasekende speaks on economy

Deputy Governor of Bank of Uganda Louis Kasekende answered questions from The Independent’s Ian Katusiime about the bank’s upcoming golden jubilee anniversary and other economic issues.   Bank of Uganda (BoU) is marking 50 years. Looking back, what does this mean for BoU? This anniversary gives the Bank of Uganda …

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We are not dishing bailout money – NSSF reassures

National Social Security Fund boss Richard Byarugaba has rubbished media reports that the institution would be providing a mind-boggling 1 trillion shillings to for an impending bailout of selected business moguls. The nation is grappling with tail-spinning details that emerged of President Museveni spearheading a life-saving campaign for heavily indebted …

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