BOU Executive Director for Supervision Dr Twinemanzi Tumubweine says the slowdown in borrowing is because there are lower business activities, while the commercial banks are also worried about the increasing risk to lending.
The promoted officers include five promoted to the rank of Assistant Inspector General of Police (AIGP), nine promoted to Senior Commissioner of Police (SCP), 33 promoted to Commissioner of Police (CP), 70 promoted to Assistant Commissioner of Police (ACP), 137 promoted to Senior Superintendent of Police (SSP), 215 promoted to Superintendent of Police (SP) and 173 promoted to Assistant Superintendent of Police (ASP).
Aron Mugaiga, the General Secretary Uganda Professional Science Teachers Union says they are currently overwhelmed by the volume of complaints they are receiving from different parts of the country over the same matter.
Johnson Obalim, a farmer in Oroko village, Palaro Sub-county, one of the areas that registered poor harvest due to prolonged dry spell says he isn’t interested in farming this season because of the losses he suffered previously.
However, in his application filed before the Entebbe Chief Magistrate's Court, Mabirizi acting as a Private Prosecutor has preferred four charges including common nuisance, disobedience of statutory duty and conspiracy to defraud against Mao for posing as the President General of the Democratic Party.
“The markets have already priced in post elections development and given that so far the electoral process has gone fairly well, markets will bounce back. It is only temporary,” said Steven Kaboyo, the Managing Director Alpha Capital Partners.
The deceased has been identified as Daniel Agama, a mentally impaired resident of Nakamini village, in Namalemba sub-county, Bugweri district. The suspect, whose particulars have been concealed for the purposes of aiding investigations, was guarding Naigombwa Seed Secondary School at the time of the incident.
Adiga who was armed with an Axe and Machete reportedly sneaked into the detach and attacked a UPDF soldier who was resting inside his grass thatched house and attempted to grab his gun. In the ensuing fight with the suspect, the soldier whose identity has not been disclosed got injured.
Tayebwa issued a seven-day ultimatum during plenary on Thursday requiring the Committee on Environment and Natural Resources to report back their findings to the House in a bid to compel the Government to devise a lasting solution to address the persistent irregular electricity supply.
These findings are based on data from a mobile phone survey dubbed Sauti za Wananchi where 1,597 young people aged 18 to 34 and 2,900 other respondents were randomly selected from across the country to determine perceptions of the challenges and opportunities for young Ugandans in starting and running businesses.
A cross-section of religious leaders drawn from Uganda and Kenya are leading the new drive which will start with an interdenominational prayer breakfast slated for August 20, 2022. This is informed by the sharp divisions that marred the succession processes of the former Emorimor, Augustine Osuban Lemukol who died in February 2022.
Speaking during a press briefing convened to release the preliminary findings of the EAC mission in Nairobi, the Head of Mission, Dr Jakaya Kikwete, lauded the Independent Electoral Boundaries Commission (IEBC) for the improvements made in regard to transparency, preparations, and management of the 2022 Kenya General Election.