Shocking details have emerged following the arrest of two top security officers in Ntoroko district. On Sunday Gerald Atuhairwe, the Ntoroko district Police Commander and Brian Babishanga, the District Internal Security Officer were arrested for allegedly killing two civilians Erasmus Irumba and Richard Kanyoro Siet on allegations of illegal trading
Read More
China is Africa’s largest economic partner. Yet it has been a challenge to understand the full extent of the partnership due to a dearth of data. A new report by McKinsey Africa finds that its involvement is bigger and more multifaceted than previous studies suggest. Through a study conducted across
Read More
Kenya is the first African country to start using a new generic Aids drug that can improve and prolong the lives of people who suffer severe side effects and resistance to other treatments, the Reuters news agency reports. Dolutegravir (DTG), which was first approved in the US in 2013, is
Read More
More than a quarter of the world's population now uses Facebook every month, the social network says. "As of this morning, the Facebook community is now officially two billion people," founder and chief executive Mark Zuckerberg posted. The milestone comes just 13 years after the network was founded by Mr
Read More
Tanzania's President John Magufuli Tuesday met with a team of experts to discuss the building of a hydroelectric power dam at Stiegler’s Gorge in Selous Game Reserve, despite concerns from environmental experts. The meeting was part of the implementation of a government’s plan to end power shortages in the country,
Read More
In preparation for the formal launch of Agency Banking services in Uganda, Stanbic Bank in collaboration with the Uganda Law Society have hosted an Agency Banking conference to discuss the potential implications of this new financial channel to the legal fraternity, financial stakeholders and potential agents. The event took place
Read More
By Godfrey Kenneth Gobba The concept of investing our money in financial assets like Stocks, Treasury Bills and Government Bonds is still very foreign to many of us and remains subject to public skepticism. Historically, the only assets we knew were land and houses, but here are three reasons why
Read More
A globally acclaimed Investment Economist has expressed optimism that regional economies including Uganda will make a quick recovery following a period of economic downturn mainly occasioned by cautious election period and re-emergence of regional conflicts in hot spots such as Southern Sudan. Sanlam Group Investment Economist, Arthur Kamp in an
Read More
Uganda’s State House has said that it only pays school fees to students, but doesn’t offer scholarships. This revelation was made by the State House Comptroller, Lucy Nakyobe while appearing before the Parliament’s Committee of Equal Opportunities on Tuesday to answer questions related to State House scholarships. The meeting between
Read More
African Development Bank president Akinwumi Adesina has won the prestigious World Food Prize for his work to boost yields and farm incomes. Dr Adesina said providing millions of farmers with seeds and fertilisers was vital to boost development. He added that 98% of the world's 800 million undernourished people live
Read More
