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

Why I Am for Gen Muntu This Time

[Observer] The Forum for Democratic Change (FDC) will this November elect a new party president. The five-year term of office for the current president, Maj Gen Gregory Mugisha Muntu, will expire in November.

[Observer] The Forum for Democratic Change (FDC) will this November elect a new party president. The five-year term of office for the current president, Maj Gen Gregory Mugisha Muntu, will expire in November.

source: AllAfrica News: Uganda

Army General Chiwenga’s PhD Is Genuine – Mugabe

[New Zimbabwe] President Robert Mugabe Tuesday appeared to rebuff Jonathan Moyo’s sensational claims of academic fraud by Defence Forces Commander, General Constantino Chiwenga, in a speech which was full of praise for the military boss for obtaining a…

[New Zimbabwe] President Robert Mugabe Tuesday appeared to rebuff Jonathan Moyo's sensational claims of academic fraud by Defence Forces Commander, General Constantino Chiwenga, in a speech which was full of praise for the military boss for obtaining a doctorate.

source: AllAfrica News: Zimbabwe