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    Buganda Kingdom Registers UGX 21Billion Deficit in 2019/2020 Budget

    URNBanking & Financial ServicesJune 29, 2020June 29, 2020

    Buganda Kingdom’s Finance Minister Robert Waggwa Nsibirwa has revealed that the institution has failed to raise the targeted 121.07 billion Shillings in the concluding financial year 2019/2020 due to the…

    COVID-19: EU Gives Ministry UGX 25B for Tourism Industry Reopening

    URNBanking & Financial ServicesJune 29, 2020June 29, 2020

    The Ministry of Tourism has negotiated a 6m Euro (25.2 billion) stimulus package from the European Union towards the private tourism sector for post lockdown operations. This was disclosed by the…

    Bar, Restaurant Owners Petition Kadaga over Reopening

    URNBanking & Financial ServicesJune 26, 2020June 26, 2020

    Club, Restaurants and Entertainment owners Association have petitioned the Speaker of Parliament Rebecca Kadaga seeking a phased reopening of the entertainment sector.  The Association led by their chairperson Tesfalem Gherathu…

    COVID-19: Parliament Approves UGX 1Trillion Supplementary Budget

    URNBanking & Financial ServicesJune 26, 2020June 26, 2020

    Parliament has approved a supplementary budget of UGX1.087 trillion to facilitate the COVID-19 response by the Ministry of Health, Ministry of Trade and other government entities. The approval followed a…

    Boda Boda Cyclists Want to Meet Museveni over Continued Lockdown

    URNBanking & Financial ServicesJune 26, 2020June 26, 2020

    Boda boda cyclists in Kira municipality want to meet President Museveni over continued lockdown that has left them with no source of income to cater for their families.    On…

    700 Families Facing Eviction from Houses in Jinja

    URNBanking & Financial ServicesJune 26, 2020June 26, 2020

    More than 700 families from works village in Jinja district are protesting an eviction by Bashir Musa, the proprietor of Hared Petroleum Limited. The said land, covers six plots, measuring…

    How Sudhir Defeated BoU to Retain Crane Bank Branches

    URNThe Big StoryJune 25, 2020June 25, 2020

    City Mogul, Sudhir Ruparelia of the Ruparelia Group is in up mood having defeated Bank of Uganda’s attempt to take over properties formerly housing the defunct Crane Bank. Sudhir has…

    Traders Now Bribing KCCA Officials to Operate as Arcades Remain Closed

    URNBanking & Financial ServicesJune 25, 2020June 25, 2020

    Several city traders are paying hefty bribes to law enforcement officers to allow them to operate. This follows the President’s decision to maintain the suspension on arcades as part of…

    Entebbe Zoo Seeks UGX15Bn to Take Care of Animals

    URNBanking & Financial ServicesJune 25, 2020June 25, 2020

    The management of Uganda Wildlife Conservation Education Centre in Entebbe says it needs up to UGX15 billion to take care of animals and maintain scientists. The Centre, which hosts 291…

    Energy Ministry Officials Questioned Over Failure to Spend UGX 10Bn

    URNBanking & Financial ServicesJune 25, 2020June 25, 2020

    Parliament’s Public Accounts Committee has tasked officials from the Ministry of Energy and Mineral Development to explain why they failed to spend UGX10.1 billion which was partly meant to compensate…

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