Statement regarding financial institutions business regulated by Bank of Uganda October 2020

Statement regarding financial institutions business regulated by Bank of Uganda October 2020

In response to the recent media debates and discussions of issues related to the regulation and supervision of financial institutions and what amounts to conduct of financial institutions business in Uganda, Bank of Uganda (BoU) wishes to state as follows: Bank of Uganda is the regulator and supervisor of financial institutions and financial institutions business […]

Independence symbols in Uganda

Independence symbols in Uganda

Independence symbols When Uganda attained its independence on 9th October 1962, a number of symbols were put in place to depict the independent state the country had attain. As we celebrate Independence today, we look back at the national symbols that define our freedom. Here are the independence symbols and their significance. Independence Monument Independence […]

Hope to recapture the Moroto escapees dwindles

Hope to recapture the Moroto escapees dwindles

The search for prison escapees in Moroto is yielding fewer results after the inmates reportedly mixed up with the local community. According to Frank Baine, the Prisons spokesperson, 219 inmates overpowered the security at the facility and broke into the armoury before escaping on Wednesday this week. 13 of the prisoners allegedly ran away with […]

History of Mbale City Uganda

History of Mbale City Uganda

Mbale municipality is one of the towns in Uganda that were elevated to a city status after Parliament approved a motion to create 15 new cities. The cities that started operation effective July 1st 2020 include Jinja, Mbarara, Fort Portal, Arua, Gulu, Masaka, Hoima, Lira and Soroti. In this article, our focus is on Mbale […]

New Jinja City History: Major Events that have Happened in Jinja City from 1900 to 2020

New Jinja City History: Major Events that have Happened in Jinja City from 1900 to 2020

Some of the Major Events in Jinja City History (1900-2020) by Frank Nabwiso, PhD… “What a wealth of history and knowledge about Jinja”. THE ORIGINS OF THE WORDS “JINJA” AND “KAMPALA”.  “Jinja” is a Luganda word meaning “stone”. It is believed that the former Jinja Town (now Jinja City) was named so by Baganda fishermen, […]

New Measures: Boda Bodas Prohibited from Accessing Key Kampala Roads

New Measures: Boda Bodas Prohibited from Accessing Key Kampala Roads

Following the recent National address on Covid19 by His Excellency the President of the Republic of Uganda, Boda Bodas are to resume carrying passengers and luggage on the 27th July, 2020. Consequently, a set of Standard Operating Procedures (SOPs) for all the Boda Bodas operators nationwide have been issued by Government through Ministry of Works […]

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