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Wavamunno's Comments were Unfortunate

posted onSeptember 5, 2017

By Dennis Katungi

I have reasonable respect for Ugandan self-made entrepreneurs. People who started from scratch and built up business empires such as Mr. Gordon Wavamunno, James Mulwana, Karim Hirji of Mukwano fame, Amos Nzei etc - are extra-ordinary men who survived and prospered despite unstable governments and a weak economy. They certainly did much better in the post 1986 advent of a stable government that deliberately worked to promote the private sector.  It is proper and fitting to give them credit.

Kenya's Supreme Court has Opened a Pandora's box

posted onSeptember 1, 2017

By Andrew M. Mwenda

The Kenyan Supreme Court is playing with fire. They have not properly thought about the consequences of their decision to nullify the presidential election. Essentially the court has overthrown a government - something that has never happened before.

Youth Unemployment: Apprentice Framework for Uganda is Welcome

posted onAugust 31, 2017

By Dennis Katungi

On 24th August 2017, the Ministry of Gender, Labour & Social Development (MGLSD) launched a Draft National Apprenticeship Framework for Uganda.  It was a follow up on a presidential directive given on 27th September 2016, during sectoral briefings, when the President directed that the apprenticeship framework should be prioritized. He instructed the Minister for Gender and her team to work with the Ministry of Education especially on Quality Assurance to deliver the programe in the shortest possible time.

Rape of Crane Bank - Part II

posted onAugust 18, 2017

By Andrew M. Mwenda

Bank of Uganda acted in the most rush way in its resolution of Crane Bank issues which makes it suspicious. First when it claimed Crane Bank was in distress, it should have given Sudhir Ruparelia time to find an investor to inject new capital into the bank. Many banks were actually in negotiations with Crane to buy it.

Rape Of Crane Bank – Part I

posted onAugust 18, 2017
In six months of taking over Crane Bank they have made almost three times the profit they made for the whole of last year. They also revealed that of this profit, Shs 60 billion came from their take over Crane Bank.