Tag Archives: Uganda

By Julius Businge Dfcu bank has suspended its trading for four weeks on the Uganda Securities Exchange (USE) to pave way for Commonwealth Development Corporation (CDC) to sell part of its shares in the bank, an official note released on April 22 in a local daily news paper reads. CDC …

By Haggai Matsiko Museveni doubles military expenditure, cuts education budget The budget increase in Uganda’s military expenditure even amidst global and regional defence cuts might be the latest indication of President Museveni’s strategy to fasten his grip on power and his influence on the region. As recent events have showed, …

By Ronald Musoke Prof. Kanyeihamba represents businessman in unusual case In an unprecedented case, a local businessman from eastern Uganda is threatening to sue the U.S. embassy to recover or be compensated for a “priceless cargo of celestial particles” he entrusted with it. Details of the case indicate that the …

By Ian Katusiime Undugu, vows of poverty, and their selfless living Tucked away deep in the Kampala city suburb of Nsambya and its many low cost housing buildings is a Christian catholic mission which until recently was relatively unknown. The Society of Jesus or Jesuits as they are called have …

By Julius Businge The Government of Brazil has made its first contribution to the United Nations World Food Programme (WFP) in Uganda of 2,000 metric tons of rice worth about US$1 million (over sh2.5bn) to cater for 155,000 refugees in Uganda. WFP said in a statement released on March 20 …

By Joan Akello Foreign direct investment has increased over the years in Uganda and the East African region but civil society organizations say Uganda has not benefited much because of poor negotiation in various bilateral agreements. In a half day workshop organized on Mar. 20, Southern and Eastern African Trade …

By Julius Businge Uganda’s annual headline inflation has dropped to 3.4% for the year ended February 2013 down from 4.9% a year earlier, the Uganda Bureau of Statistics announced on Feb. 28. The statistics body said the fall was attributed to reductions in food prices and other components of in …

By Ronald Musoke A Ugandan software development team, audaciously called Ffene, has been chosen among the three winners of the 2012 Apps4Africa business challenge. Out of the close to 300 applications from nearly 1000 people, three winners were picked and awarded US $10,000 each. The other two winners came from …

By Julius Odeke The State Minister for Foreign Affairs Henry Okello Oryem also MP for Chua County in Kitgum district says the new envoy to the war-torn country; Prof. Sam Turyamuhika arrives in Mogadishu any time from now. He says, “Turyamuhika will be deputized by Maj Gen Nathan Mugisha, formerly …

By Ronald Musoke Uganda has registered an increase in the number of people who are classified as disabled, according to Edison Ngirabakunzi, the executive director of the National Union of Disabled People of Uganda (NUDIPU). While speaking at the health journalism conference recently, Ngirabakunzi noted that after reviewing data of …