Museveni retires Bigirimana, Mwesige in public service shake-up
President Museveni has retired 11 permanent secretaries, including Clerk to Parliament Adolf Mwesige Kasaija and Pius Bigirimana, in a major shake-up of the public service that has seen 13 new officials appointed, 16 retained in their current positions and another 11 redeployed. The changes, announced on Monday, November 9, affect
Nabbanja calls for procurement reforms to drive local economic growth
Prime Minister Robinah Nabbanja has called for reforms in public procurement to strengthen domestic value chains, promote local enterprises and ensure government spending translates into tangible development outcomes. Nabbanja’s message was delivered by Second Deputy Prime Minister Dr Crispus Walter Kiyonga, who represented her at the opening of the 10th
Absa Bank ordered to return couple’s land titles, pay Shs200m
A banking transaction involving a US$300,000 loan to a company has ended in a costly legal battle for Barclays Bank of Uganda Limited now Absa Bank Uganda , with the High Court ordering it to surrender two properties belonging to a Kampala couple and pay damages. The bank had retained
Museveni drops clerk to parliament as names 12 permanent secretaries
President Museveni has named 13 people for key government positions, including a new Clerk to Parliament, in a move that could reshape the administration of several ministries and public institutions. Among those nominated is Edward Sengonzi Damulira, who has been proposed for the position of Clerk to Parliament, an influential
Shilling makes dramatic recovery, gains 5% against dollar
The Uganda shilling has staged a strong recovery against the US dollar, appreciating by about five per cent in a week as increased foreign currency inflows and subdued corporate demand eased pressure on the local currency. The shilling, which opened the week at Shs4,243/4,353 against the dollar, strengthened steadily to
Muhoozi signals end of his tenure as army chief
Gen Muhoozi Kainerugaba has signalled his intention to leave the military’s top command, but wants to secure a Shs 2 million monthly basic salary for ordinary soldiers before handing over office. In an announcement that raises questions about the future leadership of the Uganda People’s Defence Forces (UPDF), Muhoozi said
Magoola’s Shs 723bn venture faces fresh storm as bank moves to sell his properties
A 20-acre industrial establishment in Matugga, an operational wheat milling plant in Luzira, a hospital in Kitende and several commercial and residential properties belonging to businessman Dr Mathias Magoola and companies associated with him are facing sale over unpaid bank loans. The proposed disposal has brought renewed attention to the
Govt starts Shs 98bn construction of new Karuma Bridge
The government has commenced construction of a new bridge across the River Nile at Karuma, in a Shs98 billion project expected to improve road safety, ease traffic flow and strengthen trade links between Uganda and its neighbours. The 245-metre bridge, which will replace the ageing structure built in 1963, is
BoU shuts down national payment systems
The Bank of Uganda (BoU) has shut down key national payment systems for four days to undertake a major upgrade of the country’s financial infrastructure, a move that will temporarily disrupt interbank transfers, electronic funds transfers and cheque clearing. The shutdown, which takes effect at 5pm on Thursday, November 5,
Teso MPs ask Museveni to intervene in Elwelu arrest, warn of unrest
Members of the Teso Parliamentary Group have appealed to President Museveni to intervene in the arrest of retired Lt Gen Peter Elwelu, warning that the handling of the former army commander’s case could trigger unrest in the subregion. The legislators want the government to pursue dialogue with concerned stakeholders, arguing
