Govt Rejects proposal to mortgage oil as Loan security

The Government has rejected China Exim Bank’s proposal to mortgage oil as loan security for the construction of the Standard Gauge Railway (SGR). Works and Transport Minister Gen. Katumba Wamala told MPs on the physical infrastructure committee that the bank “was looking ahead” and requested the Government to peg oil revenue as security for the…

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Royal Family issues statement on Kabaka’s Health

The royal family has issued a statement in regard to Kabaka’s health following public demand. In a statement issued yesterday, the royal family said the Kabaka of Buganda, Ronald Muwenda Mutebi ii, is unwell and undergoing treatment. “Ssabasajja (Kabaka) has been unwell for a while. However, he has responded well to the prescribed medication and…

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Lumumba Warns Sour Grapping Babu In Latest Rift In NRM CEC

In what appears to be the latest verbal war in the National Resistance Movement (NRM), two top leaders in the party’s Central Executive Committee (CEC) are at loggerheads over political expediencies. NRM Secretary General Justine Kasule Lumumba through her lawyers Anguria and Co. Advocates wrote to captain Edward Francis Babu a former MP and now…

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