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financial

Pius Bigirimana pins Kazinda on bribery

  The former Permanent Secretary in the Office of the Prime Pius Bigirimana has distanced himself from his own signature that siphoned Billions of Foreign Aid Money stolen from Prime Minister’s Office. Bigirimana is blaming his junior staff, the former Principal Accountant in the Office of the Prime Minister, Geoffrey Kazinda for stealing the money […]

Pensioners start receiving funds amid tight conditions

The ministry of public service has set strict guidelines and regulations to be followed by pensioners meant to receive funds this week. The ministry has today started paying off pensioners with 3 billion shillings set aside for the exercise. According to the ministry spokesman, Jonas Tumwine, all the recipients’  particulars have been checked thoroughly to avoid […]

Sickness again saves PM’s Geoffrey Kazinda from Luzira prison

Interdicted former principal accountant in the prime minister’s office, Geoffrey Kazinda, has this morning been produced at the Criminal Investigations Directorate in an ambulance. Kazinda and four others are being investigated over an alleged fraud scandal in the prime minister’s office. Kazinda was recently released on police bond but the police say investigations into the […]

Uganda telecom in management and financial crisis, closes down

We have learnt sad news thatUgandatelecom is in deep financial and management crisis. As a result, the company has deactivated lines of almost half of the company’s customers. Hundreds of the company’s customers tell us that whenever they switch on their phones it is displayed that “sim card registration failed” yet they have been active […]

FDC faces financial constraints

  We have heard that Forum for Democratic Change (FDC) is facing financial constraints as they move ahead to organize the Party Presidential race. But some of the party leaders complain that one of the candidates in a race to replace Col. Kiiza Besigye as party president is having a flamboyant campaign the president Museveni […]

Bank of Uganda amends financial regulations to permit Islamic banking

Bank of Uganda has started working on the proposed amendments to the Financial Institutions Act, 2004 in a bid to permit the licensing of, and transacting by financial institutions in Islamic banking in Uganda. Many other East African countries like Kenya and Rwanda already have Islamic banking in place. The governor Bank of Uganda Tumusiime […]

Bank of Uganda amends financial regulations to permit Islamic banking

Bank of Uganda has started working on the proposed amendments to the Financial Institutions Act, 2004 in a bid to permit the licensing of, and transacting by financial institutions in Islamic banking in Uganda. Many other East African countries like Kenya and Rwanda already have Islamic banking in place. The governor Bank of Uganda Tumusiime […]

Apply for undergraduate Quota Scholarship for Developing Countries

Quota Scholarship Scheme for Developing Countries: The goal of the Norwegian government quota scholarships scheme is to give students from developing countries relevant education that would benefit their home countries when they return after graduation. The programme also contributes to strengthen Norwegian institutions of higher education’s participation in global knowledge cooperation. The overall objective of […]

Opportunity calling at African Leadership Academy Scholarships

African Leadership Academy Scholarships: African Leadership Academy Scholarships: African Leadership Academy (ALA) depends on individuals and organizations across Africa and around the world who are committed to exposing outstanding young people to opportunities that will help them realize their potential. You can nominate a student to ALA. ALA seeks 15-18 year old students from all […]

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