Prudential Assurance Uganda Limited (Prudential Uganda) has successfully transferred the policy holders, staff and agents of International Air Ambulance Healthcare (IAA Healthcare) to its business. This follows a comprehensive transfer process that was presided by the insurance industry’s supervisory body,…
Cabinet that sat on Monday July 12th 2021 approved 11 committee members to the Diary Development Authority (DDA), the Minister for ICT and National Guidance Chris Baryomunsi has said. The appointed committee has been tasked with boosting mobilization for milk production…
It’s a total lockdown countrywide, a number of business centers such as malls, arcades are closed and there is a ban on both private and public means of transport. As a result, people are not working and a number of…
By Wilson Ishimwe Uganda Bankers Association (UBA) has unveiled the Fourth Annual Bankers Conference 2021 that will be held 26th & 27th July under the theme “ Bend but Don’t Break, How the Financial Sector can thrive in the era of the…
The Uganda People’s Defence Forces (UPDF) Commander Engineering Brigade Besigye Bekunda has said that they have the capacity to execute Government construction projects in a timely manner because of the experience and the expertise they have in the sector for…
Multi-award winning journalist Solomon Serwanjja has quit the Naguru based NBS Television. Serwanjja announced his decision via his Twitter handle. “On 31st July, I will be leaving @nbstv. It has been such an honour to serve for the last 6…
Gov’t projects a sh2Trillion revenue shortfall in the first quarter of Financial Year 2021/22 as a result of the on-going nationwide total lockdown in which businesses are closed down, the Finance Ministry Permanent Secretary/ Secretary to Treasury Patrick Ocailap has…
Uganda’ s Coffee exports in June 2021 amounted to 618,388 60-kilo bags worth US$ 58.56 million, the highest ever in a single month since 1991, according to Uganda Coffee Development Agency(UCDA). The exported coffee comprised 565,449 bags of Robusta valued…
As Uganda continues to experience the second wave of COVID 19, planning agency National Planning Authority (NPA) has projected a spike in the pandemic with a total of 7,214 new cases for the two weeks from 27th June to 3rd…
Electricity regulatorElectricity Regulatory Authority (ERA) has cut electricity tariffs across Consumer Categories from July to September 2021 with the exception of Street Lighting, the agency has announced. According to the new End-User Tariffs to be charged by UMEME, Domestic Consumers…
In a bid to improve the quality of maternal health services, Financial Brand Stanbic Bank together with the wider community members yesterday donated sh24m mama kits hospital to Kawempe Hospital. The materials were received by the Health Ministry Permanent Secretary…
MTN Uganda has revived the MTN CallerTunez Awards that will see artistes earn from their music and other content, every month for the duration of the promotion due to end in Dec 2021. Lucky customers who actively download the MTN…
Absa Bank Uganda and MTN Mobile Money Uganda Limited have announced the introduction of mobile money payment functionality, also known as MTN MoMoPay on Absa Point of Sale (POS) machines. The service is open to all MTN Uganda mobile money…
Government has launched the long-awaited COVID 19 relief mobile money cash to the vulnerable population, in an event presided over by the Prime Minister Robinah Nabbanja at OPM offices on July 8, 2021. Godfrey Oloya, a boda-boda rider in Gulu…
The monthly Stanbic Purchasing Managers’ Index (PMI) dropped to 34.9 in June from 56.5 in May attributed to government’s lockdown measures that were announced to tame the spread of COVID-19. PMI is an indicator of business activity, both in the…