NMS Sues Finance Official Over ‘Unfair’ Special Audit

[Observer] National Medical Stores (NMS) has challenged the finance ministry’s “special audit” on the institution in the High court, saying it violates the law and rules of natural justice.

[Observer] National Medical Stores (NMS) has challenged the finance ministry's "special audit" on the institution in the High court, saying it violates the law and rules of natural justice.

source: AllAfrica News: Uganda

FDC Deserves Credit for Building Democratic Culture

[Observer] Forum for Democratic Change, the largest opposition political party in the country, has just concluded the nomination exercise for candidates who will compete for its leadership during internal elections to be held in November.

[Observer] Forum for Democratic Change, the largest opposition political party in the country, has just concluded the nomination exercise for candidates who will compete for its leadership during internal elections to be held in November.

source: AllAfrica News: Uganda

Private Sector Casts Doubt On Central Bank Intervention

[Observer] Since November last year, the Central bank has entirely focused on lowering interest rates in order to boost economic activity. Yet, many players in the private sector still believe that the interest rates are not yet low enough.

[Observer] Since November last year, the Central bank has entirely focused on lowering interest rates in order to boost economic activity. Yet, many players in the private sector still believe that the interest rates are not yet low enough.

source: AllAfrica News: Uganda

FDC Candidates Start Campaigns Today

[Observer] The five candidates nominated to contest for the presidency of the opposition Forum for Democratic Change (FDC) party will formally begin their hunt for votes tomorrow, according to the party Electoral Commission (EC).

[Observer] The five candidates nominated to contest for the presidency of the opposition Forum for Democratic Change (FDC) party will formally begin their hunt for votes tomorrow, according to the party Electoral Commission (EC).

source: AllAfrica News: Uganda

Ex-Minister Kabafunzaki Hijacked Aya Sex Case – Witness Tells Court

[Observer] The first prosecution witness in the corruption trial of Herbert Kabafunzaki told court on Monday that the former junior minister of labour hijacked the investigations into the sexual harassment charges brought against Aya Group boss Mohamme…

[Observer] The first prosecution witness in the corruption trial of Herbert Kabafunzaki told court on Monday that the former junior minister of labour hijacked the investigations into the sexual harassment charges brought against Aya Group boss Mohammed Hamid.

source: AllAfrica News: Uganda

House Fire Kills Five Children in Kyankwanzi

[Observer] Five children said to belong to one family were yesterday burnt to death at Bukwiri village in Kyankwanzi district. Police said the children were in a house that caught fire around 12:30pm.

[Observer] Five children said to belong to one family were yesterday burnt to death at Bukwiri village in Kyankwanzi district. Police said the children were in a house that caught fire around 12:30pm.

source: AllAfrica News: Uganda

Commercial Banks Sweat Over Shs 1.6tn of Possible Bad Loans

[Observer] Bank managers are working up the phones and adjusting their sleep schedules as they try to limit the damage that might hit their companies’ bottom lines should some clients fail to pay back the money they borrowed, writes ALON MWESIGWA.

[Observer] Bank managers are working up the phones and adjusting their sleep schedules as they try to limit the damage that might hit their companies' bottom lines should some clients fail to pay back the money they borrowed, writes ALON MWESIGWA.

source: AllAfrica News: Uganda

Weighing the Stakes in the Amuru Land Saga

[Observer] The 2008 global food crisis engendered grave concern over the future of food security, especially for the most vulnerable populations within the so-called global South.

[Observer] The 2008 global food crisis engendered grave concern over the future of food security, especially for the most vulnerable populations within the so-called global South.

source: AllAfrica News: Uganda

Sudhir Rubbishes Nzeyi’s Suit As Having No Merit

[Observer] Businessman Sudhir Ruparelia has described a lawsuit accusing him of benefitting from the closure of National Bank of Commerce as a “vexatious”, “speculative” and an abuse of the court process, which should be dismissed.

[Observer] Businessman Sudhir Ruparelia has described a lawsuit accusing him of benefitting from the closure of National Bank of Commerce as a "vexatious", "speculative" and an abuse of the court process, which should be dismissed.

source: AllAfrica News: Uganda