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Bank of Uganda opens credit reference bureau market inUganda

  Pursuant to the powers granted to it under section 78 of the financial institutions Act 2004, Bank of Uganda, either by itself or its appointed agent or any other person authorised by it, is empowered to establish a credit reference bureau for the purpose of disseminating credit information among financial institutions. The Bank of […]

Mufti Shaban Mubajje to leave office in 2025

  It seems the rivals of Mufti Shaban Mubajje will develop ulcers and high blood pressure when they read this shocking information. The spokesman of Uganda Muslim Supreme Council Nsereko Mutumba says that Mufti Mubajje will leave office in 2025. He told news informers that the elections Uganda Muslim Supreme Council is organising next month […]

Rebel groups in Khartoum plan massive anti government raids

  The Omara Bashir government in Northern Sudan is in trouble after intelligence reports indicated that the major rebel groups there are planning to carry out massive attacks onKhartoum. The main rebel forces in Northern include the Sudanese Armed Forces (SAF), the Sudan People’s Liberation Movement North (SPLM-N), the Sudanese Armed Forces (SAF)  and the […]

Besigye eats only buffets for fear of being poisoned

Col.Kiiza Besigye of Forum for Democratic Change (FDC) might have been married to Ms Winnie Byanyima for over 10 years but he has never eaten the food she has prepared. A source in FDC says that Besigye, the man considered to beUganda’s main opposition leader eats only buffets for fear of being poisoned. The source […]

Uganda Government closes Kampala schools

We have landed on shocking information that the government of Uganda is planning to close all private and government aided schools in Uganda’s capital city Kampala. A source in government told us that one of the ministers of Education and sports has already directed Kampala Capital City Authority (KCCA) to ensure that all schools inKampalaare […]

Money meant to run youth activities out next week

It seems the youths across the country are full of smiles since the government has announced that they can access low interest loans from banks starting by next week. The government has put a side 25 billion shillings for the youth to borrow. The minister for finance, Miria Kiwanuka says that the youths can access […]

Bead for life bar in Bugolobi soon closing shop

Due to escalating economic crisis inUganda, the people in Bugolobi aKampalasuburb are in shock wondering where to go next after Bead for Life Bar threatens to close. The workers at the bar have told us that they are soon beading farewell to its customers. We hear the workers at Bead for life bar have started […]

Daily monitor staff set for pay rise

The staff at the Daily monitor is all smiles after the management of the nation group of companies accepted to increase their salaries and allowances soon. The journalists at the Daily monitor, we are told have been the least paid media practitioners inUganda. We have been told that of recent there has been staff exodus […]

Private Sector Foundation Uganda to reward associations in the business sector

The Private Sector Foundation Uganda (PSFU) is to reward event to associations in the business sector come February 24th 2012. The director of the Private Sector FoundationUganda, Ms Ruth Musoke says that they want to appreciate and recognize the role of associations in business sector inUganda. She says that the associations in business sector have […]

Elections in Uganda to be cancelled’

Propaganda is spreading in some political parties inUganda, especially in the Democratic Party (DP), Uganda Peoples Congress (UPC), Conservative Party (CP) and Forum for Democratic Change (FDC) that there will be no general elections in 2016 because president Museveni’s government would be topped in 201. FDC president Col. Kiiza Besigye has told his supporters in […]

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