Aleph Hospitality signs third hotel in Uganda

Aleph Hospitality, the leading Dubai-based independent hotel management company, has solidified its presence in Uganda by taking over management of the Best Western Plus The Athena Hotel in Kampala. Best Western Plus…

AMCUL to pay customers interest worth UGX 3.4Billions

Airtel Mobile Commerce Uganda Limited (AMCUL), the provider of affordable and secure financial services in Uganda has today announced that they will pay interest to the tune of UGX 3.4bn on customers’…

Media Guru, Conrad appointed Non-Executive, BOA Tanzania

Bank of Africa Tanzania (BOA) has named renowned media executive, Conrad Nkutu as Non Executive Director. Mr. Nkutu, a Ugandan management consultant and business leader was appointed as a Non-Executive Director at…

Excise Duty Bill returned to Parliament for reconsideration

President Yoweri Museveni has returned the Excise Duty (Amendment) Bill, 2022 to Parliament for reconsideration. The President wrote to the Speaker of Parliament, Anita Among raising concern about the proposal of imposing…

ICEA launches Annuity Plan for retirees

 ICEA LION Life Assurance Company (U) Ltd has announced the introduction of the ICEA Annuity Plan for retirees and those nearing retirement. The ICEA Annuity plan guarantees the holder a regular stream…

UBL crowned Best Employer of the year

Uganda Breweries Ltd was on Thursday crowned the gold winner of the 16th edition of the Employer of the Year 2021/22 at Serena Hotel, Kampala.  “We are proud to announce that we…

NSSF vows to support local farmers

The National Social Security Fund (NSSF) is creating a national company to address the issue of farmers’ limited access to markets. According to the Fund, the issue of access to markets is…

Dfcu profits dropped by 46% in 2021

Dfcu Bank has said it will rely on seven core strategies to revitalise profitability. Speaking at the 57th virtual annual general meeting in Kampala on Wednesday,, Mr Mathias Katamba, the dfcu Bank…