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Bank of Uganda Governor Emmanuel Tumusiime Mutebile and his deputy Louis Kasekende. Photo by Alex Esagala

FULL BRIEFING: Cosase BoU Probe Report’s Key Findings and Recommendations

Parliament’s Committee on Statutory Authorities and State Enterprises (Cosase) has released its report on closure and sale of seven commercial banks by Bank of Uganda (BoU). The report is from months of a follow-up probe on a special audit report by the auditor general on the sale of defunct banks. The seven

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Abdu Katuntu Wins Election Petition

The Court of Appeal has thrown out a petition by ruling National Resistance Movement (NRM) party’s Daniel Ibaale to have the election of opposition Forum for Democratic Change (FDC) candidate Abdu Katuntu nullified. Court dismissed Ibaale’s petition with costs. Katuntu will now fully retain the Bugweri County seat (Iganga district) as the

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UNRA Is An Extremely Sick Institution – New Report

A new report by Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) has described Uganda National Roads Authority (Unra) as an “extremely” sick institution. The report by the committee led by Bugweri County MP Abdu Katuntu dwells on the auditor general’s findings from the financial years 2013-14 and 2014-15. For

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