The State Minister for Microfinance, Haruna Kasolo has said most Ugandans are poor because they spend a lot of time politicking instead of working. The minister made the remarks on Thursday afternoon while officiating at a sensitization program for locals in Entebbe municipality to form saccos and save money as part of the Emyooga presidential initiative. “Many people want to politick yet they don’t gain anything from it. You should leave it for us politicians because we are paid for it and you earn nothing out of it,”Kasolo said. “Many of you escort politicians as well as abusing others(politicians) but…
Author: Entebbe News
Government support for the promotion of agriculture in the 2020/21 budget with the scrapping of VAT on agricultural equipment and processed milk are welcome steps in the right direction; however, care is required in the utilization of import duties to pursue import substitution associated with agricultural products. Uganda is a relatively small economy and must maintain access to regional markets. Tagged the “Pearl of Africa” over a century ago, Uganda remains “gifted by nature.” Geographically located at the centre of one of the fastest growing and most dynamic economic regions in the world, Uganda has become a prominent procurement and…
Brazil’s President Jair Bolsonaro says he has tested positive for COVID-19 after months of downplaying its severity. He confirmed the test results while wearing a mask and speaking to reporters in capital Brasilia. “I’m well, normal. I even want to take a walk around here, but I can’t due to medical recommendations,” Bolsonaro said. The president has often appeared in public to shake hands with supporters and mingle with crowds, at times without a mask. He has said his history as an athlete would protect him from the virus, and it would be nothing more than a “little flu” were…
The Uganda National Bureau of Standards (UNBS) has certified sanitizers manufactured by Rwenzori Bottling Company in addition to already 38 companies producing 43 brands of sanitizers. Among these are; Saraya Manufacturing (U) Limited, Hoima Sugar Limited, Movit Products Limited, Kakira Sugar Limited, Mukwano Personal Care Products Limited, Kenlon Industries Limited and Premier Distillers Limited. After the World Health Organization (WHO) declared the novel coronavirus a global pandemic, it did not take long before COVID-19 became a national emergency, given its impact on the livelihood of the population and economy. Globally, firms have redeployed production lines to boost the manufacturing of…
ISBAT University has announced a new partnership with Airtel Uganda aimed at providing students with free access to the University’s Hybrid Blended Learning platform using the Airtel internet platform. The partnership that is in line with the Uganda government’s efforts to ensure safety for everyone as well as education and business continuity from home will see Airtel provide free access to student numbers provided by the university and will be available to all active students of the current semester (Spring 2020). Commenting about this partnership during the launch, ISBAT University Vice Chancellor Dr. K.M. Mathew noted that World over Universities…
COVID-19 vaccine candidates will enter late-stage clinical studies by the end of the month, with others beginning in August, September and October, the U.S. government’s top infectious diseases expert said on Thursday. The news comes as Moderna Inc (MRNA.O), which is at the forefront of the country’s vaccine development efforts, reiterated earlier in the day that a late-stage trial with 30,000 volunteers would begin this month. “We may be able to at least know whether we are dealing with a safe and effective vaccine by the early winter, late winter, (or) beginning of 2021,” Dr. Anthony Fauci, head of the…
A ‘war’ has erupted between Gen. Salim Saleh, the Operation Wealth Creation (OWC) Chief and Permanent Secretary of Ministry of Finance Keith Muhakanizi over Shs 5.3 trillion that has been identified by OWC budget review committee in the budget for FY 2020/21 as excess and recommended for reallocation to wealth creation and food security. After reading of the budget, Gen. Salim Saleh, the Operation Wealth Creation (OWC) Chief put together a team from OWC together with economic policy analysts to conduct an independent assessment of the budget, sources inside OWC have informed us. This was arrived at, after it was…
Stanbic Bank Uganda hosted its inaugural Education Forum which discussed how the private sector can support the government in enhancing education with a focus on skilling students. The forum which was organized under the theme, ‘What next for Uganda’s Education system; A private -public dialogue’, cited the need for stronger public-private partnerships in delivering the necessary reforms. Speaking during the forum at the Sheraton Kamapala Hotel, Stanbic’s Chief Executive Anne Juuko said, “Stanbic’s core Corporate Social Investment is education with a focus on equipping students on life skills, financial literacy, and entrepreneurship skills. All our education programmes such as…
Kampala Associated Advocates (KAA), the law firm representing city businessman Sudhir Ruparelia have responded to a statement issued by the Bank of Uganda’s Governor, Prof. Emmanuel Tumusiime-Mutebile criticizing Court of Appeal’s decision dismissing the case in which BoU (Crane Bank in receivership) sued the businessman. In a well detailed statement, KAA lawyers say that the statement circulated by the Bank of Uganda to the media contained many inaccuracies and falsehoods. We reproduce the full statement below; We act for and on behalf of Dr Sudhir Ruparelia and Meera Investments Limited. Our attention has been drawn to a press release issued…
Kenneth Muhangi, from KTA Advocates in Kampala and, representing the Internet Service Providers Association of Uganda, has told Africa Legal that the petition for a judicial review of unilateral changes to the Uganda Communication (Fees and Fines) (Amendment) Regulations 2020, had been withdrawn. The ISPs wanted the proposed changes put to Parliament, as is required by law, and they want an opportunity to have a say in what comes next, he said. “They cannot simply impose this on an industry without any consultation.” The withdrawal of the petition followed a week of high drama that pitted the country’s 25-year-old billion dollar industry…