Uganda Clays net profit has dropped by more than half to Shs2.7bn for the first six months ending June.30 but management insists there are no worries at least for now. “We project…
The Ker Alur kingdom bicycle races continue to garner support as the residents and youth of Padyere county streamed into this weekend’s races. The bicycle races have been attracting a big number…
DTB recorded a 30% growth to Shs20.3bilion driven by an increase in interest income, fees and commission, and foreign exchange business as Dfcu bank saw profit after tax double to Shs18.7billion. On…
Bajaj Auto Ltd in association with Nish Auto Ltd and Verma Co Ltd has launched the new 125cc motorcycle CT 125 in Uganda. The launch of the CT 125, positioned, ‘Champion of…
KAMPALA – The Stanbic Purchasing Managers’ Index (PMI) has regained a positive outlook as the August data pointed to a renewed improvement in business conditions for Uganda’s private sector as both output…
Allianz acquires a majority stake into Jubilee, who are the captains of industry; reputable and professional leaders behind the merging of these two brands? The financial services industry in Uganda is turning…
On 30th August 2019, the URA Board of Directors approved the Lifestyle Audit Policy to combat corruption and illegal acquisition of property. Lifestyle Audit is the process of analyzing a person’s living…
The phenomenal growth of Stanbic Bank’s East Africa Borderless Banking platform has revealed a pent-up demand for secure, real-time transactions across international borders. Spanning a single network that includes Uganda, Tanzania, Kenya…
Absa Bank Uganda has partnered with the Uganda Institute of Information and Communication Technology (UICT) to provide ICT skills training to youth in vocational institutions around the country. The training is accredited…
Cipla Quality Chemical Industries Limited, has announced that it will pay dividends in 4 years since it was listed on the Uganda Stock exchange. In the results for the financial year ending…
The Uganda Tourism Association (UTA) has called for the establishment of a committee to lead the return of Ugandan artefacts from foreign museums. Herbert Byaruhanga, the President of UTA made the call…
Six years ago, Motorcare appointed Florence Sempebwa-Makada as their Managing Director, the first Ugandan and first woman to hold the position. She’s still the only woman today in the country. She ascribes…
Stanbic Bank customers can now expect to enjoy flexible terms when accessing loans including an increased loan tenure of up to 84 months and zero percent arrangement fees on all salary loans,…
Liberty General Uganda and Multilines International Limited have launched the Marine and Cargo Insurance in a bid to serve more clients in line with their needs, the two companies have said in…
Umeme, has withheld payment of an interim dividend to its shareholders despite recording a 33% growth in profit after tax to Shs64bn for the six months period ending June.30. The company executives…