memorandum of understanding

Nimule and Kaya border towns to get power, says minister D’Ujanga

Nimule and Kaya border towns to get power, says minister D’Ujanga

State minister for energy Simon D’Ujanga says that his ministry plans to extend power to the two border towns of Nimule and Kaya in the Karamoja sub region to help improving on the lives of refugees. D’Ujanga also Okoro County MP, says that he is to travel to Juba this week to discuss with his […]

Standard Chartered and Guoji group of companies to provide mortgage financing

Standard Chartered and Guoji group of companies to provide mortgage financing

Standard Chartered Bank has entered into a memorandum of understanding with Guoji group of companies to provide mortgage financing for Mirembe Villas –Kiggo. The managing Director Guoji group of companies   from china Zhang Chao signed on behalf of Guoji, and Harman Kasekende on behalf of Standard Chartered Bank. Zhang Chao said that his company will construct […]

Opposition MPs form new alliance

Opposition MPs irrespective of their political briefs have formed an alliance in which they will sign memorandum of understanding promising to be working together. The MPs on DP, FDC, UPC, Justice Forum and the Conservative Party working under their umbrella association of opposition MPs have convened in Jinja today to reflect on their performance over […]

Government fixes interest rates on bank loans

The government ofUgandahas agreed with commercial banks to fix interest rates to be charged on money given out to the youth in form of loans. The minister ofUgandafor Finance Minister, Maria Kiwanuka says that the banks will charge 15% for a period of six months. Some of the banks the government has agreed with include […]

Makerere University students move to impeach councilor Luyiga

Less than two months after the Lord Mayor ofKampala, Erias Lukwago appointed Kawempe Male councilor, Sulaiman Kidandala as his deputy; problems have sparked off for councilor Bernard Luyiga fromMakerereUniversity. The students say that on Wednesday this week when Lukwago was addressing a meeting of councilors, Bernard Luyiga’s body guard attempted to sassinate Lukwago.  It should […]

Key issues of contention in Uganda’s oil sector reflected in case against Tullow and Government

Kampala based lawyer Hamada Mulumba has filed a petition in the High Court seeking an injusction against the government granting of oil licenses and approving oil deals and halting the activities of Tullow oil company. Through Bwambale , Musede and Co. Advocates, Mulumba states that 50% of the stake Tullow Bought from Heritage Oil was […]