Youth to launch documentary about patriotism

Youth unemployment is one of the biggest problems government is grappling with. In 2012, the Uganda Bureau of Statistics revealed that the share of unemployed youth (national definition, 18 to 30 years) among the total unemployed persons in the country was 64 per cent. This has propelled many people, especially the youth to go abroad, thinking that they will get high paying jobs after failing to get jobs in Uganda. However, Ssekimpi Lawrence aka Sir Lawrence, says there are many opportunities in Uganda and there is no reason as to why people should go abroad searching for jobs. Ssekimpi,...

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NIle Breweries launches new $50,000 Sustainability Challenge

By our reporter Nile Breweries Limited has launched a Sustainability Challenge to source the most innovative solutions to sustainability challenges faced by Uganda today. “We are at a point in time where sustainability challenges facing Uganda, Africa and the rest of the world are growing and becoming more and more significant. At the same time, innovation and technology are making it possible to find fitting solutions to these challenges. “As a global company, we want to continue to brew beer and build brands that will bring people together for the next 100+ years. In order to achieve this goal,...

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Here’s MP Katuntu’s letter to Kadaga which brought trouble to Bank of Uganda

By our reporter The chairman of the Parliamentary Committee on Commissions, Statutory Authorities and State Enterprises, Abdu Katuntu has for more than six months tried to get auditors to turn all stones in the Bank of Uganda, suspecting foul play in the closure of more than seven banks. His efforts were blocked by deputy Speaker Jacob Oulanyah who stopped the motion to Investigate Bank of Uganda. However this week Speaker Rebecca Kadaga sent an instructive to the Auditor General John Muwanga asking that he goes ahead to audit the closure of the seven banks including Teefe, Greenland, International Credit,...

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How MP Katuntu got Speaker Kadaga to push Auditor General to audit Bank of Uganda

By our reporter Bank of Uganda is finally naked. No more hiding, as a team of 20 from the Auditor General chambers, on Thursday descended on the Kampala Road located BoU facility to scrutinize the institution’s past conduct in the closure of over seven banks. The move marked the long awaited audit of Bank of Uganda which has been in the past hiding behind being autonomous. The Auditor General had put off the audit after back and forth correspondences from deputy speaker Jacob Oulanyah and Solicitor General and deputy BoU governor Louis Kasekende, sought to bury the audit. However...

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Kadaga reiterates parliament directive to Auditor General to audit BoU for 7 defunct banks

By our reporter Speaker Rebecca Kadaga has reiterated Parliament’s directive to the Auditor General to do a special audit on more than seven banks closed by Bank of Uganda in thr recent years. In a letter dated May 10 2018, Ms Kadaga told AG John Muwanga to go ahead with the audit as directed by Parliament and submit his report to her office. Kadaga was responding to Muwanga’s letter in which he sought clarification on the special audit on the defunct banks in light of deputy speaker Jacob Oulanyah ruling that investigations into BoU should be differred. “The request...

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