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Project failure rate rises

The failure rate of licensed projects has risen over the past one year. A survey conducted by Uganda Bureau of Statistic on the investment environment in Uganda shows that the failure rate of licensed projects by Uganda Investment Authority remains high. The 2012 investor ...

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April 29th, 2013

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EAC leaders must ensure security, Museveni

Regional heads of state are asked to maintain a stable macro-economic environment by ensuring security of persons, property and financial systems. The call has been made by President Yoweri Museveni while addressing the 11th Extra Ordinary meeting of the summit of EAC ...

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April 28th, 2013

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Police issues fresh terror alert

The police have issued fresh terror alerts amid renewed threats from the Somali militants, Al Shabaab. The Police spokesperson Judith Nabakooba says they have received intelligence information from the Kenyan police that Al Shabaab terrorist are planning an attack within the

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April 26th, 2013

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ACCU pins Quality Chemicals over Sh 44bn

The Anti-Corruption Coalition (ACCU) is pushing for the recovery of public funds amounting to Shs 44bn from Quality Chemicals. The drug manufacturing company is accused of causing government financial loss of upto Shs44bn through inflation of the cost of ant-malaria drugs ...

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April 26th, 2013

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Kyambogo exams not affected by probe

Kyambogo University has assured students that the ongoing corruption investigations will not affect the fourth coming examinations. This week police started investigating allegations of corruption and abuse of office the university. These investigations followed protests by ...

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April 26th, 2013

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