BOU dismisses Bank of India take over reports

By Ritah Kemigisa Bank of Uganda has refuted as “false”, reports that it has taken over the management of Bank Of India. Social media reports had indicated that the Bank’s top management met with officials from the Central Bank led by the deputy Governor Louis Kasekende and reportedly requested for its closure on 31st March. …

UN refugee agency to verify refugee bio data

By Ritah Kemigisa & Benjamin Jumbe The United Nations High Commission for Refugees (UNHCR) is to launch a major biometric verification exercise for all refugees in Uganda. According to the senior regional spokesperson Ms Teresa Ongaro, the exercise which starts on March 1st till September 2018 is aimed at strengthening the integrity of data underpinning the …

Finance Minister denies misusing funds

By Benjamin Jumbe. The minister of finance Matia Kasaija has maintained he is innocent and did not misuse any loan money. This comes as the Auditor general conducts an audit into the use of a 200M$ loan following concerns from legislators who called for the censure of the minister and secretary to treasury Keith Muhakanizi. …

Government dismiss security collision

By Ben jumbe. Government dismissed allegation of frictions among security agencies in Uganda. Recently media has been awash with news about silent in fights between sister security agencies including ISO, police and CMI especially at operational level Speaking to media this afternoon, the minister for information Frank Tumwebaze said that all security organizations unite under …