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COSASE Demands Response For Shs 20b From BoU

Bank of Uganda governor Emmanuel Tumusiime Mutebile has been given up to September 12 to prepare a response to the demand of she 20b made by Chris Tushabe Karobwa Mr Karobwa petitioned the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) accusing BoU for mismanagement of property worth Shs

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Why Tullow Oil Terminated Agreement with Total, CNOOC

Total and CNOOC terminated their farm down with Tullow Oil Plc on 29 August after the expiry of the Sale and Purchase Agreements (SPAs). Despite previous extensions to the SPAs having been agreed by all parties. Tullow announced that it was unable to secure an extension of the SPAs with Total and

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Lubowa Hospital: Finasi, Roko Construction Ltd Settle Case Out Of Court

Finasi and Roko Construction Ltd have agreed to settle the matter out of court. The two companies are battling for the construction of International Specialized Hospital of Uganda (ISHU) in Lubowa that Parliament approved a loan guarantee of Shs 1.4 trillion, a special purpose vehicle (SPV) to Finasi and Roko for

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“It Was An Accident” – Uwera Nsenga Appeals To Court

Jacqueline Uwera Nsenga was convicted for running over her husband with a vehicle at their home in Bugolobi in January 2013. She was then sentenced to 20 years in prison. The late Juvenal Nsenga's widow pleads innocent after five years of the sentence. The Court of Appeal led by the Deputy Chief

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Uganda Airlines Had 8 Passengers On Its First Commercial Flight

Uganda Airlines touched down at Jomo Kenyatta International Airport (JKIA) today morning from Entebbe with eight passengers on board. The airlines departed at 6:05am touching down at JKIA at 7:00am, five minutes ahead of schedule. The passengers on board were, businessman Peter Ssenkungu, Workers’ Union leader Usher Wilson Owere, his wife Evelyn

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We Want Mutebile: COSASE Throws Out BoU Officials as Probe Into Closure of Commercial Banks Resumes

Members of Parliament on the Committee on Commissions Statutory Authorities and State Enterprises (COSASE) turned away officials from the Central Bank due to the absence of the Governor Emmanuel Tumusiime Mutebile yesterday. The Executive Director in charge of supervision Dr Tumubweine Twinemanzi who standing in for Mr Mutebile, failed to explain

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Deputy Chief Justice Convoy Knocks Cyclist Dead

A vehicle that belongs to the convoy of the Deputy Chief Justice, Alphonse Owiny-Dollo knocked dead a motorcyclist in Gulu. Julius Komakech was the driver behind vehicle under registration number UG 064J that knocked Saley Webukhuru dead on Monday evening. An eyewitness said Komakech was speeding when he lost control and knocked

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