AFC and CEXIM Strengthen Partnership to Drive Trade and Infrastructure Growth Across Africa
Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, has signed a Memorandum of Understanding (MoU) with the Export-Import Bank of China (CEXIM) to deepen collaboration in financing strategic infrastructure and trade projects across Africa. The agreement builds upon an existing relationship between the two institutions, dating back to 2018,
Pope Francis in Hospital for Bronchitis Treatment- Vatican
Pope Francis has been admitted to Rome’s Gemelli hospital for treatment and further tests after struggling with bronchitis, the Vatican announced on Friday. The 88-year-old pontiff, who has been experiencing breathing difficulties in recent days, was hospitalised following his morning audiences. According to the Vatican, he is undergoing “necessary
Lawyers concede, Mohan Kiwanuka is Mentally Ill
The High Court in Kampala has granted unrestricted access to family members to visit city business mogul Mohan Musisi Kiwanuka following a legal dispute over his mental health. This decision came after an application filed by his sisters Jalia Muwanga, Nantege Yudaya Nsereko, Berti Nsereko Kawooya, and Sarah Nsereko who
Bank of Uganda Fraud: Gov’t Expands Investigations to Japan
Following recent fraud at the Bank of Uganda (BoU), the Criminal Investigations Directorate (CID) has petitioned Japanese authorities through Interpol to obtain information on individuals who withdrew over Shs 20 billion from a fraudulent account in Japan. The CID’s move follows the widely reported Shs 60 billion fraud that occurred
Pastors Urge Parliament to Recognize Cohabiting Couples as Married
Pentecostal pastors in Kampala have called for a provision in the Marriage Bill, 2024 to recognize cohabiting couples as legally married. Under the National Pastors Platform of Kampala, the pastors argue that this measure would curb the increasing tendency of men delaying commitment even when children are involved ultimately protecting
Why Godfrey Ssemugooma Appointed as Acting Accountant General Amid Fraud Scandal?
Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi, has appointed Godfrey Ssemugooma as the Acting Accountant General. He replaces Lawrence Semakula, who was arrested and charged along with seven other officials from the Ministry of Finance and Economic Development in connection with a Shs 62 billion fraud scandal at
Uganda AIDS Commission Seeks Shs 300 Billion to Bridge HIV Funding Gap
The Uganda AIDS Commission (UAC) and AHF Uganda Cares have called for an allocation of Shs300 billion to support critical drugs and laboratory supplies, following the withdrawal of funding from USAID due to recent executive orders issued by the U.S. President. Officials from the two organizations made this appeal while
Bad valuers to pay fine of Shs 100M in new land acquisition law
Land acquisition processes are expected to become efficient once the Valuation Bill, 2024 is passed into law. It is further projected that the proposed law will lead to improved efficiency of the real estate and financial markets. The Bill was tabled for its first reading by the Minister of Lands,
Former UPC, DP stalwarts explain how Museveni Exploited Obote’s Mistakes to Rule for 39 Years?
On July 27, 2024, Uganda marked exactly 39 years since Apollo Milton Obote was overthrown for the second time as the country’s president. Born in 1925 in Akokoro village, present-day Apac district, Obote was the son of the late Stanley Opeto, a village chief, and Puliska Opeto. He was the
Museveni to Grace 48th Commemoration of Archbishop Janani Luwum
President Yoweri Museveni is set to attend the 48th commemoration of Archbishop Janani Luwum in Wii-Gweng, Mucwini, Kitgum District, as reported by Daily Star. The announcement was made by the Provincial Secretary of the Church of Uganda, Rev. Canon William Ongeng. Canon Ongeng shared that this year’s commemoration has drawn
