Democratic Republic of Congo President Joseph Kabila will not stand in December’s presidential election, a spokesman said on Wednesday, announcing that former interior minister Emmanuel Ramazani Shadary would be the ruling coalition’s candidate. The announcement by spokesman Lambert Mende at a news conference puts an end to years of speculation
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Fortebet, the home of all your betting needs has unveiled a fully loaded package for this new football season. This was revealed by the company media manager, John Nanyumba during an interview at Fortebet head office at Kololo. The special package comes just before most of the major leagues across
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Private sector players under their umbrella body, Private Sector Foundation- Uganda (PSFU) have asked government to completely scrap off tax on Mobile Money (MM) withdrawals and cut on luxurious expenditures that result into ridiculous tax proposals. Appearing before the Finance Committee of Parliament on Tuesday to submit their views on
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The government will inject 100 billion Shillings into the market to enable individual traders, cooperatives and the Grain Council of Uganda to purchase excess maize that has flooded the market. The money will be availed by Bank of Uganda from Agriculture Credit Facility and Commercial Banks and let to traders,
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MTN Group today released the interim results for the first half of 2018. The results point to improved revenues – up by 10.2% - for the MTN Group, with Uganda being a major contributor to that growth. According to the results, MTN Uganda’s revenue expanded by 8.8% to Ugx734.4bn on
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Leading global Airline, Qatar Airways, on Tuesday provided students at Kauthara Islamic School in Wakiso district in Uganda on the outskirts of the capital, Kampala with desks for their classrooms, supporting the learning of approximately 400 students. The colorful event endorsed by Uganda's State Minister for Primary Education, Hon. Rosemary N, Seninde
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Stanbic, Uganda’s leading bank recorded slow growth in the first half of 2018, according to the results released by the financial institution at Serena Hotel on Wednesday morning. The bank’s profit after tax increased by Shs1bn to Shs96bn in June 2018, slightly up from Shs95bn in June 2017. The bank’s
Read More-Mining commencement and preparing shipment to China- LAGOS, Nigeria, 8 August 2018,-African Media Agency (AMA)/- Africa Finance Corporation (“AFC” or “the Corporation”), the leading infrastructure development finance institution in Africa, is pleased to announce the on-time completion of the Bel Air Mine in Guinea and loading of its first
Read MoreJOHANNESBURG, South Africa, 7 August 2018,-/African Media Agency (AMA) /- Africa Communications Media Group (ACG), which recently rebranded from Africommunications Group, is pleased to announce the appointment of its new Managing Director, Nonye Mpho Omotola. Co-Founder Mimi Kalinda will transition from the Managing Director role to take on the Chief Executive
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The Army General Court martial has indefinitely expelled Jimmy Muyanja, one of the lawyers representing jailed members of Boda Boda 2010 for alleged misconduct, URN reports. Muyanja has been representing 11 Boda Boda 2010 members who are standing trial in the army court. They are charged with unlawful possession of
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