That is the ugly position the government has put us into. There is a big, big problem, ... “What we are doing today, is what should have been done by government.” said Katuntu.
Katuntu stated that from the moment the Governor started his submission, he was grappling with many questions in his mind as to what is going on in Uganda because the scrutiny of the Bill by Parliament should have been done by the Executive through consulting relevant stakeholders so Government agencies don’t come before Parliament to oppose the same bill.
“What we are doing today, is what should have been done by government. Talking to the central bank, talking to FIA, talking to Makerere University, talking to banks, talking to literally people who should be the stakeholder. But from all of them as they have appeared here, they seem to be so confused about who actually brought this sort of legislation here. That is the ugly position the government has put us into. There is a big, big problem,” said Katuntu.
Courtesy Photo
"Chairman, a country without reserves is not sovereign. The potential of this Bill to destabilize Uganda’s balance of payments is our primary concern as a central bank. For example, last financial year the overall balance of payment surplus was USD 1.5 billion. That’s how we were able to increase our reserve coverage by USD 1.5 billion. Today as we speak our reserves are close to USD 6 billion. Why? Because these inflows have been coming in. The moment you tamper with these inflows here, we risk running down our reserves, and that is economic disaster for a country.” Governor Atingi-Ego on the Protection of Sovereignty Bill 2026 in an appearance before Parliament today.
PRESIDENT TRUMP: “When the world looks at us next year, let them see a nation that is loyal to its citizens, faithful to its workers, confident to its identity, certain to its destiny and the envy to the entire globe."
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Dr Brian Semujju, the journalism professor who has not lived to be. He had not taken sugar for over 15 years, he didn’t drink alcohol, he never ate junk food. Eventually, he was found to have stage-three cancer of the liver. https://t.co/95faqwUru6
At 18, she has choices.
At 18, you have nothing.
At 25, she looks for love.
At 25, you're chasing goals.
At 30, she slows down.
At 30, you're just getting started.
Dear son,
A woman's life starts at 18. A man's life starts at 30. A woman is born with value. A man is born with no value. She has to protect her value. You have to build your value.
I didn't make the rules, Nature did.
President @KagutaMuseveni while citing the importance of a #NationalIDUg, has said they will be crucial in the forthcoming elections to verify voters, and therefore encourages all cirizens to embrace the ongoing #NIDMassEnrollmentUg and #NIDMassRenewalUg exercise
Deputy Speaker @Thomas_Tayebwa: Why is it that in Uganda, when it threatens to rain, power goes? Hon. Minister, why is power in Uganda scared of rain? #PlenaryUg
I hereby inform the country that By virtue of the authority given to the President of Uganda by Articles: 108(2), 108A(1), 113(1), and 114(1) of the 1995 Constitution of the Republic of Uganda, that here below I publish a slightly amended list of the cabinet of Uganda:
Just unveiled: The statue of the former Tanzanian president,H.E. Mwalimu Julius Kambarage Nyerere, a leading pan-Africanist and peace builder, stands proudly in front of the Julius Nyerere Political Affairs, Peace & Security Building at @_AfricanUnion#AUSummit#yearofeducation