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…
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…
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…
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…
KALUNGU — The Food and Agriculture Organization of the United Nations (FAO,) last week, launched two solar-powered irrigation systems in Kalungu District. The projects are part of efforts to strengthen the resilience of rural populations and agricultural production systems through…
KAMPALA — dfcu Bank has held an engagement for its customers and key stakeholders in the oil and gas sector to share insights into the opportunities in the Oil and Gas sector post the Final Investment Decision.Following the signing of…
KAMPALA —Mr. Constant Othieno Mayende has been appointed as Chairman Board of Directors, KCB Bank Uganda Limited. He replaces Mr. Aga Sekalala Jr, whose term recently came to an end. Mr. Othieno is a Partner at CMK & Co, Certified…
KAMPALA — Centenary Bank has announced a 26.2% growth in its total assets on the back of increased customer deposits and investment activities. The growth demonstrates the bank’s resilience and guarantees its strong ability to continue meeting its customers’ financial…
Kampala — Roke Telkom, a Ugandan public service provider for voice and data communications services has launched a new cloud surveillance solution; the Roke Guardian that will enable organizations, businesses, and individuals to do more with less in supporting their…
Officials at the National Medical Stores (NMS) in Entebbe, are in trouble over allegations of causing financial loss to the government worth over Shs6.5Bn, well knowing that it is an act tantamount to abuse of office and liable to criminal…