Ivan Asiimwe, a former shareholder of Cooperative Bank Limited informed the committee that in 1964 different cooperative unions established the Cooperative Bank under the Cooperative Societies Act and that a second Cooperative Bank was incorporated in 1997 under the Companys Act.
Biribonwa said that the investors including Atlas Mara and Lanka Orix Leasing Company LOLC, a Sri Lankan investor had also met with the former BoU Executive Director Supervision, Justine Bagyenda and that she knew they were in the process of conducting due diligence.
The northern Uganda towns of Gulu, Lira and Kitgum, among others, have faced dire power outages in the recent past, mainly as a result of bush burning and vandalism. The notable affected areas by bush fire includes, Lira town, Puranga, Agweng in Lira district and Ibuje in Apac district among others.
The shooting occurred at 3 am when unidentified suspects broke into the home of Joseph Masiga and Pallorin Kansiime. Preliminary findings indicate when the neighbours heard the houses being broken into, they raised an alarm which attracted a soldier who was guarding at a nearby house.
Sudhir says that Crane Bank was never interested in acquiring the assets and liabilities of the National Bank of Commerce-NBC, but was coerced by former Central Bank Executive Director Supervision, Justine Bagyenda, through a phone call placed to former Crane Bank Managing Director A.R Kalan.
On Wednesday when journalists entered the courtroom Aisu singled out Robert Atuhairwe, a New Vision reporter based and ordered him out of the courtroom with other journalists.
Mariza Namuyomba one of the parents observed that transferring such a big number of teachers in one go is erroneous and will affect the performance of learners. Namuyomba says that teachers should instead be transferred in phases.
On Tuesday, the Vice-Chancellor, Professor Barnabas Nawangwe invited all Heads of Units Academic and Administrative to an emergency meeting. This was followed by a circular from Andrew Abunyang, the institutions Director in- charge of Human Resources directing all staff to report to duty by 8:00 am on Wednesday.
Government has said it is confident that the Makerere University council will be able to manage the chaos at the University before it gets out of hand.
Dennis Obbo, the Spokesperson of the Lands, Housing and Urban Development Ministry, explains that the ministry is jointly processing the Uganda Land Commission Bill with the First Parliamentary Counsel, which drafts, reviews and publishes Bills for presentation to parliament.
According to Sudhir, the Purchase of Assets and Liabilities PA agreement signed between BoU and DFCU did not have details of all assets and liabilities that were being taken over.
The project is targeted to preparing Nansana municipality benefit from a number of upcoming world bank projects which will focusing on developing the Greater Kampala Metropolitan as one of the ways of decongesting Kampala City.
Students were on Wednesday blocked by police and military from holding their General Assembly to discuss the on-going sit-down strike by the university staff.
Kipoi is remanded in Makindye Military barracks on security related charges. His lawyer, Retired Major Ronald Iduli, insists that Kipoi has a constitutional right to bail since he is still innocent until proven guilty.
The objective of the Bill is to amend the Administration of Parliament Act to allow for the election of Leader of Opposition following the nomination of at least three contenders by the leading opposition party. It also seeks to amend the method of choosing the party whips, choosing the deputy Leader of Opposition and whips.
Last year, the National Forestry Authority-NFA ordered the squatters to vacate the forest land to pave way for tree planting and restoration of the forest in vain
The 3rd Division Army Court Martial presided over by Lt. Col. Jackson Katongole passed the sentence after Okello pleaded guilty to the murder of four family members, all residents of Okut village, Alebtong district on December 12, 2018.
Mirembe was detained on Saturday when she went to record a statement at Katwe Police Station. In her statement, Mirembe says she has been in charge of Tendo since her mother left the country in 2017.
The soldiers together with members of the community and medical workers cleaned up Jinja regional referral hospital and streets in Magamaga town council.
