The central bank uses the Central Bank Rate CBR to manage lending rates and control inflationary pressures. The latest development has seen reduction in CBR from 11 percent in April 2017 to 10 percent in June 2017.
Governor Mutebile said with domestic inflationary pressures remaining subdued and given the continued weak growth prospects the central bank judges that continued easing of monetary policy is appropriate.
the Judiciary Spokesperson, Elias Kisawuzzi, says the interim order couldnt have stopped the prosecution up to date given that the Constitutional Court in January set aside all interim orders issued by a single judge.
Trouble started after division councilors who had filled up the gallery applauded the arguments made by the divisional mayors that didnt please majority of the authority councilors, who are opposition leaning.
Ivan and Aidaloya Syauswa, a neighbor to the palace says that his perimeter wall, gate and windows were extensively damaged by a barrage of gunshots aimed at the palace. A visit by URN confirms damage to the perimeter wall, fragments of a bombshell and a UPDF head cap that were reportedly left behind after the shelling.
Dr Andrew Seguya, the executive director of Uganda Wildlife Authority says the authority proposed the destruction of the ivory, building a Museum or a real high rising Ivory tower to impart conservation knowledge and generate revenue for the nation, as viable options to derive value out of the illegally acquired animal trophies.
Bwaya says that lack of self-awareness is fueling inefficiency and low productivity among Ugandan employees because several graduates lack the essential skills to serve and deliver against objectives and targets. As a result, the poor attitude towards work is affecting the ability of several organizations to function at optimal capacity.
The figure comprises refugee numbers, which at 22.5 million are the highest ever seen in history, internal displacement- standing at 40.3 million people and asylum seekers now standing at 2.8 million people.
Gilbert Ocakacon, the Officer in Charge Kitwe Police Station, says Nagwedda who has been working as the area LC I Secretary is said to have worked with his nephew to kill the young girl on June 18th 2017. Girimina is the daughter to one of the residents only identified as Yakobo.
Leonard Okello, the Chief Executive Uhuru Institute for Social Transformation, says they are gathering evidence on the war losses to get a realistic figure in order to put a strong case to government for compensation.
Ntungamo Municipality Town Clerk Christopher Ahimbisibwe told URN that the destruction of the artificial forest aims to send a signal to all those involved in the destruction of natural resources to cease adding that all land encroached on will soon be recovered.