dfcu Bank in partnership Uganda Investment Authority (UIA) and the Daily Monitor have been running a program dubbed ‘Rising Woman’ that is aimed at recognizing, celebrating and promoting a culture of mentorship among women in business. During this year’s Rising Woman initiative, dfcu Bank and its partners held a business
Read More
The Bank of Uganda (BoU) Governor, Prof. Emmanuel Tumusiime-Mutebile has admitted that that there are challenges at the Central Bank that have been exposed during the Parliamentary Committee of Commissions, Statutory Authorities and State Enterprises (COSASE) probing. COSASE has recently been probing BoU officials over the controversial closure and sale
Read More
Kawempe South MP, Mubarak Munyagwa will have to wait a little bit longer before replacing Abdu Katuntu as the Chairperson of the Committee of Commissions, Statutory Authorities and State Enterprises (COSASE. In August 2018, FDC President Patrick Amuriat replaced Katuntu as COSASE Chairperson and his deputy, Anita Among with Munyagwa
Read More
Ketty Adoch, a Ugandan innovator in the Agriculture sector has been named among eleven innovators who have been nominated for the Artificial Intelligence (AI) for Earth Innovation Awards. Adoch (in featured photo), a geographical information systems specialist works towards monitoring change detection for Land Cover Mapping around the areas surrounding
Read More
It is a public secret that all is not well at Bank of Uganda, the regulator of Uganda’s banking sector. The ongoing probing of BoU officials by the Parliamentary Committee of Commissions, Statutory Authorities and State Enterprises (COSASE) over the controversial closure and sale of seven defunct banks has exposed
Read More
President Yoweri Museveni Wednesday flagged off the construction of Kampala Flyover, noting that it will go a long way in reducing traffic jam in the city. The event took place at Nakivubo Blue Primary School. “… This project is intended to reduce traffic jam in the city while improving mobility.
Read More
Kenya could lose the port of Mombasa to the Chinese government if Kenya Railways Corporation (KRC) defaults in the payment of KSh227 billion (UShs8.2 trillion) owed to Exim Bank of China, Daily Nation reports. The government borrowed the billions to construct the Mombasa-Nairobi standard gauge railway (SGR), against opposition that
Read More
President Yoweri Museveni has sarcastically revealed that Kampala people don’t have representatives in Parliament. While launching the construction of the Kampala Flyover at Nakivubo Blue Primary School today, Museveni told guests that there will be no need to recognize Kampala MPs since they don’t exist. “..I won’t even talk about
Read More
Foreign investors should be stopped from operating retail businesses. The call was made by Lango Parliamentary Group, a loose coalition of legislators from Lango sub region following a public meeting held at Uganda Technical College in Lira town on Monday. The MPs say that the government needs to urgently develop
Read More
The U.N. refugee agency is appealing for $2.7 billion to assist more than two million refugees from South Sudan. The refugees are living in bare-bones conditions in six neighboring countries, and funds to provide for their basic needs are running short. South Sudan is Africa’s largest refugee crisis and one
Read More
