The Uganda Communications Commission (UCC) has issued a public notice ordering the immediate closure of 24 radio stations and 46 courier companies for operating illegally. Notable among the couriers banned include Jumia Uganda and SafeBoda operating in Kampala. UCC in…
On the 16th September 2022, League of East African Directors (LEAD) in partnership with EY, MTN Uganda, Umeme Ltd, Uganda National Oil Company, Centenary Bank Uganda Ltd, Uganda Breweries Ltd, Stanbic Bank Uganda, Uganda Clays Ltd launched the “Non-Executive Directors…
Google (GOOGL) suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($4.13 billion) for using its Android mobile operating system to thwart rivals, offering a precedent for other regulators to ratchet…
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 standards to establish if it is consistent with…
United Bank for Africa-Uganda through its UBA Foundation has launched the National Essay Competition to develop the intellectual and writing abilities of senior secondary school students countrywide. The competition is an education program introduced by the bank to equip students…
MTN is set to sponsor 6 top Ugandan artistes’ concerts as the country’s music claims its place, at the top in the music industry. Spice Diana, Sheebah Karungi, Fik Fameica, Gravity, Ray G, and Levixone shall each stage concerts with…
Over 100 youth have been trained in how to use monitoring and evaluation tools to track business goals under the MTN youth Skilling program. The MTN youth skilling program is a partnership between MTN Foundation Uganda and Ubinufu systems aimed…
It was an emotive affair—one that confirms the saying that ‘goodbye is the saddest word’ as Stanbic Bank Uganda bid farewell, last Friday, to their decorated Executive Head for Consumer and Affluent Banking, Sam Mwogeza, who is leaving after 12…
Tuesday 9th August 2022 – Kampala, Uganda: MTN Uganda customers can now use their MTN Senkyu loyalty points to get insurance from aYo, in the form of life or hospital cover. aYo provides fast, convenient, easy-to-use hospital and life cover…
Increasing inflationary pressures tumbled private sector business activity during July as the headline Stanbic Purchasing Managers’ Index (PMI) dipped below the threshold 50.0 no-change mark for the first time this year. The PMI dropped from 50.9 recorded in June to…
Absa Bank Uganda has today announced a donation worth Sh60 million to the Uganda Red Cross Society to cater for the purchase of shelter kits to provide temporary shelter and basic household essentials for families displaced by flash floods in…
President Uhuru Kenyatta on Sunday officially launched Kenya’s iconic Nairobi Expressway after months of successful public trial. The President also commissioned the revamped Nairobi Eastern Bypass which includes five new major vehicular crossings and six-lane dual carriageways at the busy…
Uganda’s President Yoweri Kaguta Museveni has fired Lindah Wamboka Nabusayi and replaced her with Sandor Walusimbi. Until his appointment to this position on 31 July, Walusimbi was spokesperson or head of communications at the State House Anti-Corruption Unit. With Don…
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 40 per cent or Shs4,000 excise duty on…
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 of income for life after retirement. The ICEA…