Business

Mbogo Quality Cuts Sausage Company closed over poor hygiene

Mbogo Quality cuts Limited located in Bulenga, Wakiso District, sausage Company has been closed during Uganda National Bureau of Standards over the weekend believing that the company was produced unhygienic sausages to market which could [Read more]

Business

*Exposed:Justine Bagyenda gave orders on Crane bank’s bad book.*

By Kagenyi Lukka The Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) last week kick-started probe into irregularities that marred the Closure of defunct banks, 1993-2017. The irregularities, however much previously debated were recently [Read more]

Business

President Museveni condemns corruption among leaders

President Yoweri Museveni has condemned corrupt blaming them for lagging back development in the country President Museveni said this when he was commissioning factories in Namanve on Thursday where he launched first Uganda made transformers [Read more]

Business

Man caught red-handed changing soft drinks expiry date

Man caught red-handed changing soft drinks expiry dates intending to distribute them to other traders for the market. Asuman Kinene at Wakiso was caught by Uganda National Bureau of Standards by the help of police [Read more]

Business

*Kasekende’s undeclared properties raise questions about his motive.*

By Kagenyi Lukka Louis Kasekende and a team of Bank of Uganda including the governor are appearing before Parliament’s COSASE committee to respond to irregularities in the closure of defunct banks as cited in the [Read more]

Business

Katikamu North MP Byandaala condemns Gov’t policy of free pledges to people.

Katikamu North county Member of Parliament Abraham Byandaala has condemned the government policy of giving out free things to Ugandans as one way of eradicating poverty saying that this can only cause more laziness among [Read more]

Business

President Museveni should dismiss Kasekende to save BoU’s glory.

By Kagenyi Lukka Andrew Mwenda, a veteran Ugandan journalist and an outspoken sociopolitical and economic commentator, is a man known for stirring up debate and sometimes in more controversial ways. He is a man largely [Read more]

Business

Zimbabwe’s Mnangagwa say the country will continue with multi currency regime.

Zimbabwe will continue to operate a multi-currency system despite the current economic crisis, president Emmerson Mnangagwa has reiterated. The president, speaking on Monday, at a breakfast meeting with the business community also urged the public [Read more]

Business

Louis Kasekende is on double edged sword of adversity

By Kagenyi Lukka The woes that are afflicting Louis Austin Kasekende, the embattled deputy governor of the bank of Uganda are far from the end, and all eyes are on state institutions such as parliament [Read more]

Business

 Panic, pressure and misery pile on Kasekende as MP’s call for exit

Kagenyi Lukka. Two significant news items with the name Louis Kasekende were reported about parliament yesterday and I will discuss them going forward. First, Members of parliament on the rejuvenated Committee on Commissions, Statutory Authorities [Read more]