Seven former employees of Tropical bank who are accused of masterminding the theft of Shs1b from a customer’s account have blamed the scam on top managers of the institution. The seven employees include Mr Michael Kaggwa (sales officer), Mr Brian…
State Minister for Planning Amos Lugoloobi has said Covid-19 related borrowing resulted into higher debt levels with the current debt ratio to gross domestic product (GDP) growing to at least 54%. Speaking at the launch of the National Development Plan…
[vc_row][vc_column][vc_column_text] MTN Uganda recently launched a fixed Internet product for businesses. This fiber internet service dubbed MTN Business Internet is specifically tailored to meet the internet needs of small to medium business owners, offering them unlimited, fast and reliable Internet…
Will the government survive fire for favouring foreign investors all the time against local businessmen? Moreover, when this is supposed to be a government by the people and for the people? Currently the government of Uganda is under heavy fire…
The Executive Director of the Uganda Heart Institute, Dr John Omangino has defended a 264 Billion Shillings loan request for establishing a Centre of Cardiac Excellence. Dr. Omagino on Wednesday appeared before Parliament’s Health Committee which is considering the loan…
Ecommerce platform Jumia has made another change in its leadership staff. Today, the company’s Kenya arm will be led by a new CEO, Juan Seco. He takes over from Betty Mwangi, who joined the company at the end of 2021.…
TotalEnergies EP Uganda on Wednesday entered partnerships with four Ugandan organizations, with whom they will work to enhance road safety, cultural heritage and biodiversity conservation in the Albertine region. The company officials led by General Manager Philippe Groueix, signed agreements…
Hima Cement has today launched TectorCeram – a ready-to-use range of dry mortar products. Two Tile Adhesives; C1 and C2 Two Tile Grouts; Grey and White And Tector Admix, a water proofing additive for application in concrete and mortar. The…
Charles Mbire has acquired a huge stake into Bank of Baroda through a single purchase of shares worth over Shs 2 billions. This comes after the bank informed its shareholders that it will pay the final dividend for the year…
The National Chairman Brand Africa, Uganda and Managing Director, Publics Africa Communications, Joseph Kanyamunyu, on Monday handed over the two awards of the Most Admired Non-Alcoholic Beverage Brand in Uganda & the Most Admired Brand in Uganda at the recent…
Uganda Development Bank, the country’s National Development Finance Institution on July.07 released its 2021 Direct Impact Report highlighting the fundamental role that it continues to play toward Uganda’s sustainable socio-economic transformation and growth. Francis Mwesigye, the Director Economic Research and…
A team of UBL staff consisting of the Managing Director Andrew Kilonzo, the Corporate Relations Director Juliana Kagwa, the Supply Chain Director Alfred Balikagira and the Corporate Relations Manager Jackie Tahakanizibwa paid a courtesy visit to the leadership of the Uganda National Bureau of Standards( UNBS) – a…
To celebrate the Chipper Cash four-year journey in Uganda, the company treated some of its users to a breakfast customer meet at Mestil Hotel Friday. Speaking at the breakfast that had key media personalities Anne Kansiime and Timothy Code as…
This week, Jenifer Bamuturaki was appointed the the substantive Chief Executive Officer (CEO) of Uganda Airlines, the country’s growing national carrier. The Publicist East Africa Magazine takes a quick look onto the Newly appointed Executive. Who is Bamuturaki? About a…