The governor bank ofUganda, Tumusiime Mutebile has informed the members of the public that all regulated financial institutions which include commercial banks, credit institutions and microfinance deposit taking institutions inUgandaare safe and strong and have the backing of the central bank ofUganda. Speaking to journalists at the Bank of Uganda headquarters inKampalatoday, Tumusiime said that […]
Hundreds of shops in Kampala, Mityana and Masaka are still closed for a second day as thousands of traders remain seated on the verandas of their closed shops. The security in Kampala as usual is tight and the policemen are going on to arrest the people they suspect to be mobilizing traders to become violent. […]
The National Resistance Movement (NRM) government has called for a retreat in order to solve the internal wrangles, and save the government cadres currently facing corruption charges. The acting chief whip of NRM, David Bahati says that the one-week retreat is scheduled to start on Thursday January 12th at the National Leadership Institute in Kyankwanzi. […]
Hundreds of shops in Kampala, Mityana, Masaka and Mubende district have been closed as traders under their umbrella association of Kampala City Traders Association (KACITA) started their three-day sit down strike protesting against high interest rates charged on loans by commercial banks. The commercial banks operating in Uganda charge over 27% on loans. Our reporters […]
Hundreds of shops in Kampala, Mityana, Masaka and Mubende district have been closed as traders under their umbrella association of Kampala City Traders Association (KACITA) started their three-day sit down strike protesting against high interest rates charged on loans by commercial banks. The commercial banks operating in Uganda charge over 27% on loans. Our reporters […]
Police have deployed over 5,000 troops in Kampala district to keep law and order during the ongoing three day traders strike. The strike started today across the country. The deployment follows intelligence information that members of opposition were reportedly planning to cause bodily harm to NRM supporters during the strike. Sources in Uganda police force […]
A recent grenade explosion in Nairobi Kenya which killed one person and wounded over eight others, has forced Uganda to beef up security in its capital cityKampala. The Inspector General of Police, Lt. Col. Kayihura has instructed all Officers in charge of police stations inKampala and across the country to beef us security at all […]
The World Bank Group has appointed Ahmadou Moustapha Ndiaye as the new Country Manager for Uganda. Ndiaye is replacing Kundhavi Kadiresan, who last year was appointed Country Director for Malawi, Zambia and Zimbabwe. Ndiaye is in the country to start his new assignment. A Senegalese national, Ndiaye is the first African national to work as […]
Former Uganda Big Brother Africa finalist, Sharon Nalukenge has celebrated her controversial birthday at Club Rouge in Kampala . We call it controversial because she claimed to be 23 years but she looks to be over 26 years. When Sharon was preparing to contest for Big Brother Africa, she announced that she was 25 […]
Sylvia Namutebi is the new Miss Uganda 2011/2012. She is a graduate in Human Resource Management fromMakerereUniversityBusinessSchooland she is so beautiful and creative. She tells us that she is beautiful because she eats well, and takes care of her body. Miss Uganda has also told our informers in Kampala that she doesn’t have a lover […]