Following passage of the Financial Institutions Amendment bill 2016 which included a provision for Bancassurance and the subsequent approval of the regulatory guidelines by the Bank of Uganda (BoU), Stanbic Bank Uganda has become the first bank in Uganda to be granted a license to provide Bancassurance as a product
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The driver of Kenya's Deputy Chief Justice Philomena Mwilu was shot and wounded Tuesday, two days ahead of the country's re-run of presidential elections, according to Nairobi police. Mwilu's driver, identified by local media as Police Constable Titus Musyoka and in some reports described as a bodyguard was shot in
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Kenya plunged deeper into crisis on Wednesday as a shortage of judges scuppered an eleventh-hour petition to delay a presidential election and the governor of a volatile opposition region endorsed rebellion against the state. Within minutes of Supreme Court chief justice David Magara announcing that five judges had failed to
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A number of opposition Members of Parliament opposed to the amendment of the Constitution to remove the age limit for presidential candidates on Wednesday returned money for consultations to Parliament, saying it is unholy. The MPs were each given Shs29 million on Tuesday for the consultations on the controversial Bill.
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Ignatius Ahumuza, 21, a Ugandan entrepreneur has won US$10,000 (Shs36.4m) Anzisha Prize at Africa’s premier awards for youngest entrepreneurs held on October 24, 2017 in Johannesburg, South Africa. Ahumuza is among the fifteen (15) young African entrepreneurs who emerged as finalists from a field of more than 800 applicants for
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Kenya’s High Court Judge George Odunga on Wednesday ruled that the gazettement of Returning Officers and their deputies by the Independent Electoral and Boundaries Commission (IEBC) was illegally done and violated the Elections Act, reports the Standard News site. IEBC had appointed 290 constituency Returning Officers and their deputies to
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MTN Uganda will host an exhibition for the 45 selected submissions for the MTN Innovation Awards 2017. The exhibition will take place on Saturday, October 28th 2017 at the Shoprite Lugogo Mall parking area. On display will be the 45 finalist entries that have made it to the next phase
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The last four months of the electioneering period has cost private businesses up to KSh700 billion (about UShs24.6 trillion) in lost opportunities. The Kenya Private Sector Alliance (Kepsa) on Tuesday said the situation risks getting out of hand, further hurting the economy, reports the Daily Nation. This is especially so
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Kenyan President Uhuru Kenyatta says Thursday's presidential election must go on — with or without opposition candidate Raila Odinga. "We are here requesting you, with a lot of respect ... Kayole residents, please let's agree to come out in large numbers and vote for me," Kenyatta said at a rally
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Police have asked members of parliament who want to hold joint consultations to notify the force on how many of their colleagues will be attending the consultations. Police Spokesperson, Asan Kasingye, says they have been blocking joint opposition consultation meetings on the presidential age limit removal, because many opposition legislators
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