Kampala, Uganda | THE INDEPENDENT | Over 30,000 teachers have been dropped by the Education and Sports Ministry is in the going teacher’s verification and registration exercise. According to the Ministry, some of the teachers had forged academic papers and appointment letters. Dr. Jane Egau Okou, the Commissioner in charge …
Read More »Total and CNOOC pull out of deal to buy Tullow Uganda
Tullow speaks out on termination of farm-down agreement with Total and CNOOC in Uganda Kampala, Uganda | THE INDEPENDENT | Tullow Oil plc has announced that it has been informed that its farm-down to Total and CNOOC will terminate at the end of today, 29 August 2019, following the expiry …
Read More »Pension sector assets hit Shs 11.6trillion
Only 14% of the country’s working population has some sort of retirement benefit scheme Kampala, Uganda | JULIUS BUSINGE | Uganda’s pension sector continues to register growth amidst the bickering over the proposed changes to the National Social Security Fund Act. Latest statistics from the industry regulator, Uganda Retirement Benefits …
Read More »‘Wapakabulo has left UNOC on solid ground’
She learnt quickly that the oil and gas sector is highly politicized and came up with strategies to counter it to achieve set objectives. Kampala, Uganda | RONALD MUSOKE | When Dr. Josephine Wapakabulo was appointed the Chief Executive Officer of the Uganda National Oil Company in August 2016, few …
Read More »Fertility rate threatens vision 2040- Experts
Kampala, Uganda | THE INDEPENDENT | Uganda may fail to achieve its goal of transforming from a peasant to middle income country in line with Vision 2040 if the fertility rate doesn’t decrease, according to experts. The Vision looks at strengthening particular sectors such as oil and gas, tourism and …
Read More »Mityana’s Kaziimba is Church of Uganda Archbishop-elect
Kampala, Uganda | THE INDEPENDENT | Bishop Dr. Samuel Stephen Kaziimba Mugalu from Mityana is the new Church of Uganda Archbishop-elect. He will in March be installed as the 9th Church of Uganda Archbishop. He edged out other contenders who were Bishop Sheldon Mwesigwa of Ankole Diocese, Bishop Samuel George Bogere …
Read More »Uganda abandons hydro project near Murchison Falls
Kampala, Uganda | AFP | Uganda has scrapped plans to construct a hydro power station near Murchison Falls, an official said Wednesday, a project tourism operators had warned would irreversibly scar one of East Africa’s natural wonders. Cabinet agreed the proposed 360-megawatt project on the Victoria Nile in Murchison …
Read More »Crane Bank ‘ghosts’ haunts dfcu
The lender has recorded a drop in profits again Kampala, Uganda | ISAAC KHISA | Did dfcu mess up its growth trajectory with the acquisition of Crane Bank assets? How can it evolve to make more money for the shareholders? dfcu management seems to be grappling with these questions following …
Read More »Uganda launches national airline in crowded East Africa sky
Kampala, Uganda | AFP | Uganda on Tuesday re-launched its national airline after two decades with an inaugural flight to Nairobi, becoming the latest East African nation seeking to revive their aviation industry. “The airline will first fly to seven destinations. Starting with Nairobi, Mogadishu, Juba and Dar es …
Read More »Musinguzi, Lakidi to head NITA-U and Refugee Appeals boards
Kampala, Uganda | THE INDEPENDENT | Cabinet has approved the appointment of the Refugee Appeals board and that of the National Information Technology Authority (NITA-U). The new five-member Refugee Appeals board comprises of Gordon Lakidi Oloya as Chairperson and members Charles Wadenya, Gordon Mwesigye, Hajj Kisambira Muhammad Tezikuba and Animu Angupale. …
Read More »