11:40AM: Finance ministry to blame for polio vaccine shortage - Opendi

The Ministry of Health has blamed the Finance ministry for the stoppage in deliveries of polio vaccines.

State minister for Health in charge of General Duties, Ms Sarah Opendi, said the Finance ministry blocked the National Medical Stores (NMS) from freely drawing money from its (NMS) bank accounts to fuel the trucks that transport medicines and other health supplies https://bit.ly/2Jx7Hsr

11:00AM: Mutebile tells distressed banks to forget bailout

The Governor Bank of Uganda, Mr Emmanuel Tumusiime- Mutebile, has asked the distressed banks he did not name to stop wasting time begging for bailout and warned that such move would be “extremely dangerous”.

Speaking at the second annual bankers’ conference at Kampala Serena Hotel on Wednesday, the governor said BoU has no obligation to bail out any distressed bank because the central bank’s role is to protect depositors of the commercial banks and not the shareholders https://bit.ly/2utnxzC