Ugandan consumers are literally spoilt for choice as more internet providers unveil unique products and services. The latest is Wananchi Cable Uganda Ltd that launched its operations in Uganda on Tuesday with the introduction of the super fast internet speed of 100 Mbps. The service will be offered through Wananchi
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The order paper of today’s Parliamentary sitting indicates that the Constitutional (Amendment) (No.2) Bill 2017 commonly referred to as Age Bill will have its first reading this afternoon. [caption id="attachment_5004" align="aligncenter" width="400"] Today's order paper[/caption] The order paper obtained by Business Focus shows that Igara West MP, Raphael Magyezi, the
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After falling 1-0 away home to Egypt on Sept. 5, the Uganda Cranes hope to secure an important victory against third-placed Ghana when the two sides meet in a crucial penultimate 2018 World Cup qualifying game this weekend. While the Cranes secured an important 1-0 win over Group E leaders
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The Bank of Uganda (BoU) has reduced the Central Bank Rate (CBR), a benchmark lending rate for commercial banks, to 9.5% in October, down from 10% in August 2017. This means that commercial banks are expected to follow suit by reducing on their interest rates charged on borrowers. Releasing the
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Kyadondo East Lawmker, Robert Sentamu Kyagulanyi aka Bobi Wine and his family are living in fear after grenades exploded at his residence. The singer turned politician made the revelation in a post on Tuesdaty morning saying it was the second time in two days that his residence in Magere, Wakiso
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Ecobank has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. The strategic tie-up signals interoperability on a cross border level – and potentially huge gains – as it affords consumers with the ability to use their mobile phone to directly access the funds in their
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Bank of Uganda (BoU) Governor Prof. Emmanuel Tumusiime-Mutebile will today release the Monetary Policy Statement for the month of October. According to analysts, BoU is likely to keep the Central Bank Rate (CBR), a benchmark lending rate for commercial banks, unchanged at 10% considering the realities on the ground. “The
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A top Kenyan based milling company has ceased operations in Uganda where it made losses three years in a row, a development that will leave many Ugandans jobless Unga Group Uganda operation lost KSh118.9 million in the year ended June, contributing to the parent company’s slip into a net loss
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The Rwandan government has auctioned a prestigious shopping mall in Kigali belonging to Tobacco tycoon Tribert Rujigiro Ayabatwa. According to a report by Xinhua News Agency, the popular Union Trade Center (UTC) which is located in Kigali’s Central Business District, was auctioned off last week to a local real estate
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Nakumatt Supermarket has closed its Junction branch in Nairobi, even as the retailer banks on cash injection from a new strategic investor to address its frequent stock outs at its outlets, reports the Daily Nation. In a public notice released Sunday, the cash-strapped retailer said it had relinquished its rights
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