President hails Mwalimu Nyerere for his contribution to Uganda’s liberation

The President Yoweri Kaguta Museveni together with the Kampala Arch Bishop Cyprian Kizito Lwanga and Mama Maria Nyerere interact shortly after the mass service at the Matyrs shrine on Wednesday 31st May 2018. This is part of the activities for the Matyrs Day celebrations due on 1st June 2018.

President Yoweri Museveni has said that Uganda will forever remember the contribution made by former President of Tanzania, the late Mwalimu Julius Nyerere, in the liberation of the country. “By observing the 1st of June each year, we, the Uganda government with the support of the Catholic Church, are signifying our appreciation to Mwalimu,” he said. The President was this morning among pilgrims from Tanzania led by Mama Maria Nyerere and are in the country for the Julius Nyerere Day that is observed on 1st June and for the annual…

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President calls for more value addition facilities in Uganda

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President Yoweri Museveni commissioned Maama Care Foundation, a high-tech nutrition food park in Bweyogerere Industrial Park, Wakiso District, with   a call to entrepreneurs to establish more value addition facilities in the country. President Museveni applauded Mr. Harris Bhuptani, Chairman of the facility, for investing in the country and adding value to Uganda’s products. “The problem of Africa is unprocessed products. When they are not processed they fetch less value. If all the products were processed, the economy of Uganda would grow by about 10 times,” he said. Mr. Museveni called…

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Police should investigate Bagyenda’s wealth and not the journalists

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For months now, Justine Bagyenda, the sacked Executive Director, Supervision at Bank of Uganda has been in the headlines over her unexplainable wealth. Although both the Inspectorate of Government (IGG) and the Financial Intelligence Authority (FIA) have both formally admitted to placing Bagyenda under formal investigation a couple of months ago, the two institutions are tight-lipped about their findings thus far. The police who have since been silent in this debacle, through their Director of Cyber and Financial Crimes, a one Mr. Kototyo William, instead decided to issue criminal summonses…

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Jacob Oulanya allows that Auditor General should Investigate BoU

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The Deputy Speaker of Parliament, Jacob Oulanyah, has clarified that his ruling on the motion to investigate Bank of Uganda by Parliament was not over ruled by Speaker Rebecca Kadaga as reported by the media. “There was notice that a motion be moved to investigate BOU and I allowed it. But during debate, it was raised that the issue of BOU and Crane Bank was before court,” he said Oulanyah made the clarification during the plenary sitting this week and further explained that Parliament received a letter from lawyers stating…

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“Bagyenda’s investigations will take time”, says Asubo

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The Financial Intelligence Authority (FIA) boss Sydney Asubo has called for patience in investigations pertaining Justine Bagyenda. It should be remembered that the embattled Bagyenda is to be investigated by FIA for her acts of money laundering. “They seem to suggest that FIA is not showing results just two months after we commenced investigations,” FIA boss Sydney Asubo said. Asubo’s remarks come in the wake of a petition by activists under the umbrella Youth Power Uganda to Prime Minister Dr Ruhakana Rugunda over the matter. They said FIA has “not…

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Why is Leo Kibirango shielding Bagyenda’s probe?

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The Financial Intelligence Authority (FIA) is a government agency established by the Parliament of Uganda in 2013 to monitor, investigate, and prevent/combat money laundering in the country. It is also responsible for the enforcement of Uganda’s anti-money laundering laws and the monitoring of all financial transactions inside the country’s borders. Money laundering is turning illegally obtained property/money into seemingly legitimate or lawful property/money and it includes concealing the nature, source, location, movement of the proceeds of crime. Based on the above, FIA finds itself placed between a rock and a hard place regarding the seemingly…

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Naiya & Rajiv Ruparelia, Symphony of Love, The Wedding Story

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It is coming to a year since Ugandan billionaire Sudhir Ruparelia’s son; Rajiv Ruparelia walked his fiancé, Naiya Khagram down the aisle. The glorious function was held at the exquisite Country Courtesy Palace in London, UK in August last year. Rajiv has always proved himself at work and when it came for him to prove that he is a man he also did it. Rajiv met Naiya a daughter of wealthy British couple Sudheer and Rita Khagram while they were attending university in London. It should be remembered that Rajiv…

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