March 3, 2022. The Insurance Regulatory Authority of Uganda (IRA) has launched the inaugural Insurance Week, an event that seeks to take insurance information closer to the people so as to enable people make informed buying decisions and increase the…
CNOOC Uganda has confirmed a final investment decision (FID) for the Kingfisher field, marking another step forward for the Lake Albert development. Energy Minister, Ruth Nankabirwa, said on November 3rd the chairman of CNOOC had reported the FID to her…
Uganda Revenue Authority (URA) yesterday handed over the mandate to register and license motor vehicles in the country to the Ministry of Works and Transport. In a statement, URA says: “Following the Government decision to transfer the administration and management…
Thursday 4th November 2021- Nairobi Kenya: Kenya’s Capital Markets Authority (CMAK) has provided its ‘no objection’ for The MTN Uganda Initial Public Offering (IPO) to be marketed in Kenya, allowing the marketing of the shares to both Professional Investors and…
Representatives from MTN Uganda and SBG Securities plus Crested Capital (stockbrokers of the MTN IPO), have arrived in Arua for a town hall meeting to drive awareness and provide vital information about the MTN offer of shares and the stock…
The Bunyoro Kingdom leadership has encouraged its subjects to invest in the MTN shares following a series of town hall presentations by the MTN leadership team and the stockbrokers early this week. Robert Owagonza, the Bunyoro Kitara Kingdom finance minister,…
“All is not well at Uganda Airlines, again.” reports the aviation website Airspace Africa. With the national carrier currently being led by its third CEO in just two years of the Uganda Airlines project, board chairman Pereza Godfrey Ahabwe has…
Uganda Investment Authority (UIA) yesterday 2nd November 2021 received 1 square mile of land for industrial park development from the Ministry of Defence in Nakasongola. The land was received by the UIA team led by their Chairman, Morrison Rwakakamba. UIA,…
Absa Bank Uganda has today donated 50 computers through the National Libraries of Uganda to ten public libraries to enhance the online learning capabilities of the youth amid the closure of schools. Speaking to the donation, Mumba Kalifungwa, Absa Bank…
The Buddu County (Pokino) has urged the people of Masaka to embrace economic development as MTN spreads awareness about how Ugandans can participate in the ongoing MTN Initial Public Offering (IPO). Levis Sempiira who was representing the Pokino of Buddu…
Uganda Revenue Authority (URA) has appointed three commissioners and two assistant commissioners on Monday 1st November 2021. “The URA Board of Directors at its 3rd/2021 Special Board meeting held on 26th and 27th October 2021 interviewed candidates for the vacant…
The Uganda Revenue Authority-URA on Monday started the enforcement of the use of e-invoices and digital stamps. A digital tax stamp is a physical paper stamp that is applied to goods or their packaging. It contains security features and codes…
Standard Bank customers in eight African countries to enjoy enhanced digital payments experience in partnership with Flutterwave On 28th October 2021, in Johannesburg, South Africa, Standard Bank, the parent company of Stanbic Africa Holdings Limited for which Stanbic bank Uganda is…
MTN Uganda has today launched a promotion that will see YOTV subscribers win lots of amazing prizes whenever they subscribe to either an hourly, daily, weekly, or monthly subscription. With over 50 channels, the YOTVChannels platform created by Albayan Media…
The parliamentary trade committee has stopped the payment of a stimulus package of Shs 3 billion to Kampala Serena hotel by Uganda Development Corporation (UDC). Serena hotel is owned by a consortium that includes Tourism Promotion Services (TPS), a division of…