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  • News and Analysis

    The Uganda Development Bank case is more than conflict of interest

    March 4, 2014 / No Comments

    Uganda Development continues to be in the news for all the wrong reasons. The person at the Centre of all this is the CEO, Patricia Ojangole, who joined the bank as Head of Internal Audit department. Patricia is being prosecuted by the IGG on grounds of conflict of interest. Prosecution states that during the recruitment process of the new CEO, Patricia Ojangole, then head of internal audit, influenced the process in her favor to the top position of the bank. She is said to have worked closely with Vincent Kaheru of the recruitment firm, Profiles International. A fact which the…

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    M. B. Mugisa

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    August 30, 2016
  • News and Analysis

    Anti-gay bill signed into law by President Y. K. Museveni

    February 24, 2014 / No Comments

    President Y. K. Museveni, has signed the bill into law, with appreciation from majority of Ugandans who see “Westernization” as a threat to the country’s’ values. Speaking at the signing function, the President Museveni said “homosexuality was the result of “nurture” NOT “nature”. He added that most gay people in Uganda were “mercenary”. Find the President’s full speech here. The signing has come just a week after the ruling party’s retreat in Kyankwanzi where the President was endorsed as the single candidate for the upcoming 2016 elections. The President seems to have bowed to the pressure of most NRM parliamentarians…

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    M. B. Mugisa

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    April 27, 2020
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    September 22, 2017
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    IMF lowers Uganda’s economic growth forecast

    May 17, 2017
  • News and Analysis

    President Museveni full statement on homosexuality at the signing of the anti-gay bill into law

    February 24, 2014 / No Comments

    Inspite of threat from global institutions and personalities like US president Barrack Obama, President Museveni finally signed the Anti—Homosexuality Bill 2009 into.law. Under the law, the penalty for same-sex conduct is now life imprisonment. The “attempt to commit homosexuality” incurs a penalty of seven years as does “aiding and abetting” homosexuality. A person who “keeps a house, room, set of rooms, or place of any kind for purposes of homosexuality” also faces seven years’ imprisonment. Because the law also criminalizes the “promotion” of homosexuality, there are far-reaching implications beyond the increase in punishments for same-sex sexual conduct. A person could…

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    M. B. Mugisa

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    June 1, 2020
  • News and Analysis

    28 Nov 2013| A Chinese Company takes over Kilembe mines

    November 28, 2013 / No Comments

    A Chinese firm, operating as Tibet-Hima Mining Company owned by Shanghai Baosteel Group and Chinalco Luoyang Copper, have reportedly bought stakes in Kilembe Copper Mines. According to an official at the Ministry of Finance Uganda, The Chinese firm is pledged to inject US $176m to resurrect Kilembe Mines and also to upgrade of Mobuku Power Plant to 12mw. Tibet-Hima committed to pay US $4.3m plus an annual concession fee of about US $1m, in addition to other benefits like employment generation, taxation revenue and improved amenities like hospitals and schools in the vicinity – Kasese in Western Uganda, where the…

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    May 9, 2015
  • News and Analysis

    Kyambogo top honchos return varsity to government

    November 11, 2013 / No Comments

    Kyambogo University council has decided to hand over the institution to the government after admitting failure to strike a deal between the lecturers and the vice chancellor Professor Isaiah Ndiege. The Council which is the university’s top decision making body in a meeting on Friday evening agreed that the Education ministry intervenes to either close the university, suspend Professor Ndiege, or expel the striking staff who do not want to work under the vice chancellor. This follows the three day ultimatum which was given to the University Council by the Junior Education Minister Charles Bakabulindi, to resolve the ongoing issues…

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    September 9, 2013

    A future with fewer banks: the rise of boutique banking. Are you ready?

    September 27, 2021
  • News and Analysis

    Uganda’s construction industry mourns Roko Construction Ltd’s Founder

    October 13, 2013 / No Comments

    Kampala, 13th Nov 2013: Uganda has lost a top entrepreneur, Mr. Rainer Koehler, the founder of Roko Construction Company Limited, who died on Thursday last week at The Surgery Clinic in Kololo, (just after Golf Course Club) where he had been admitted after complaining of an abrupt fever. Mr. Mark Koehler, Roko’s managing director, the son of the deceased said that his dad started feeling feverish on Thursday morning while at the company’s headquarters in Kawempe. He was then taken to the Surgery Clinic in Kololo where he was attended to and later died after suffering a heart attack while…

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    April 11, 2017

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    March 19, 2020
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