COSASE Resumes Work: Shareholders of defunct banks and Amama Mbabazi Summoned

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Parliament: The parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (Cosase), which is investigating Bank of Uganda (BoU) over the controversial closure of seven commercial banks, has summoned former shareholders of all the closed banks to testify about the circumstances that led to the closure of their banks. The Committee that is still chaired by Bugweri County MP Abdu Katuntu and deputized by Anita Among will resume work next week, beginning with former shareholders of National Bank of Commerce (NBC) and Teefe Bank together with Nile River Acquisition Company…

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Kadaga directs on continued Apaa land conflict

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The Speaker of Parliament, Rebecca Kadaga has directed the Office of the Prime Minister to intervene in the reported displacement of people of Apaa, Amuru district by unknown militia. This comes after the MPs: Hon. Lucy Akello (Amuru District) and Hon. Lilly Adong (Nwoya District) sought immediate government intervention to solve the ongoing havoc meted on the people of the area by unknown militia from Adjumani district. The MPs raised the issues during Wednesday’s sitting, forcing the Speaker to ask the Prime Minister for an explanation during the Thursday sitting.…

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MP drops Bill to regulate religious organisations

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Hon. John Baptist Nambeshe (NRM, Manyija County) has withdrawn his proposal to introduce the Religious Organisations’ Bill 2019 intended to regulate religious organisations in the country. Nambeshe on Wednesday first moved a motion seeking leave of Parliament to present the Private Members’ Bill, a required of the Parliament Rules of Procedure. Rule 121 provides that a Private Members’ Bill shall be introduced first by way of a motion to which shall be attached the proposed draft of the Bill. On Wednesday, Parliament Speaker, Rebecca Kadaga, deferred taking a vote on…

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MPs want airtime scratch cards revived

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Legislators have asked the Minister of Information, Communication, Technology and National Guidance, Hon. Frank Tumwebaze, to explain the failure of telecommunications companies to reinstate the use of airtime scratch cards. Last year the Uganda Communications Commission (UCC) had set July 10, 2018, as the deadline for the use of airtime scratch cards and move to the use of electronic airtime. In a statement to Parliament in August 2018, the Minister promised to convince UCC to reconsider the decision and have both options of airtime scratch cards alongside the e-airtime. Then,…

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Government given up to April to table electoral reforms

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Parliament has given Government up to the end of April to table electoral reforms. The Speaker of Parliament, Rebecca Kadaga, gave the ultimatum following a statement by the Minister of Justice and Constitutional Affairs, Gen Kahinda Otafiire, during plenary sitting on Tuesday, 29 January 2019. Otafiire said that in order to address matters relating to elections in Uganda, it is necessary to handle the matter in a chronological manner, beginning with the review and amendment of the Constitution concurrent with the process to amend the electoral laws. “Within the next…

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National budget: Shs34.3t approved, Health, Education and Security ministries face cuts

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The economy has registered a slight growth from 5.8 to 6.1 per cent in the current financial year, the National Budget Framework Paper for 2019/2020-2023/2024 indicates. In its report, the Committee on Budget attributes the increase to activities of the private sector. “The rebounding of economic growth has been attributed mainly to increased private sector activity, significant growth in the services sector, recovery in agricultural growth from the previous drought,” said MP Amos Lugoloobi, the Committee Chairperson. A total of Shs34.3 trillion is the resource envelope for financial year 2019/2020,…

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EAC commended for boosting regional economies as President Museveni hands over to Kagame

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East African Community leaders have lauded the regional body for the role it has played towards improving the economies of member countries. Regional leaders who met in Arusha today for the 20th Heads of State Summit of the EAC said integration policies resulted in many achievements including the construction of several inter-country link roads, implemented a credits transfer framework for East African Universities, set up several One-Stop Border Posts as well as implemented projects in water and health provision. At the summit, Rwanda President Paul Kagame took over as the…

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