The man who allegedly hacked his wife, a
nurse at International Hospital Kampala (IHK) to death and went into hiding,
was arrested on Thursday by security operatives attached to the State House
Simon Shimanyi allegedly hacked his late wife, Viola Kakai, in the wee hours of August 2, 2020, at their home in Kitezi, Wakiso district, before he went into hiding. The gruesome act was done in the presence of the couple's children.
Following the incident, the State House Anti-
Corruption Unit launched a manhunt for Shimanyi until yesterday, when he was
arrested from his hideout in Isingiro district, South Western Uganda.
On interrogation at Mbarara Police Station, Shimanyi, a primary school teacher at Global Primary School in Isingiro, revealed ...
By Keefa Nuwahereza
Bank of Uganda has named commercial banks charged borrowers lowest rates between January and June 2020, effectively making them the cheapest lenders for debtors to run to.
Absa bank, Baroda, Bank of India, Citibank, Ecobank, NC Bank, Stanbic
Bank, Standard Chartered Bank, United Bank of Africa, and Exim Bank kept their
lending rates below industry average in the first six months of the year
according to the Bank of Uganda’s monetary policy report for August 2020.
In January 2020, the industry average lending rates were at 20.06
percent and it had dropped to 17.2 percent in June. Citibank had the cheapest
rate consistently below 15 percent. However, Citibank doesn’t lend to
individual customers. Standard Chartered Bank and Stanbic bank also had lower
Uganda’s Joshua Cheptegei
set a stunning new 5000m world record at the season –opening Monaco Diamond League
meet on Friday. The World 10,000m Champion clocked 12min 35.38sec at the Stade
Louis II to shatter Ethiopian Kenenia Bekele’s previous best of 12:37.35, set
“I’ve tried to
improve on my speed’’, smiled Cheptegei when asked what he had been working on
since his gold medal showing in Doha in September.
The Ugandan finishes
a head of Kenyan duo Nicolaus Kipkorir Kimeli and Jacob Krop at a Stade Louis
II limited to 5,000 spectators because of the COVID-19 pandemic.