The Commercial Court in Kampala has banned the lawyers of Sebalu & Lule Advocates from representing dfcu bank in the case filed against it by property mogul Sudhir Ruparelia due to conflict of interest. In the ruling read by Court's Deputy Registrar Festo Nsenga on Monday morning, Court noted
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My name is Wang’ombe Kibunja (in featured photo). I am 26 years old. I graduated with a Bachelor’s degree in psychology in 2015 and started a community empowerment programme to rehabilitate drug addicts, as well as offer basic computer training to the youth. I wasn’t able to carry on with
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Kenya and Tanzania have agreed to fully implement a single customs territory to fasten clearance of goods. The two states also struck a deal to fast track the harmonisation of domestic taxes, levies and fees in a bid to ease trade between them. This will come as good news for
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At the close of the trading week ending 26th April 2019, the shilling showed signs of weakness, undercut by an upsurge in demand from the interbank and corporate sector. Trading was in the range of 3740/50 compared to the opening levels of 3725/35. In the interbank money market, overnight funds
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President Museveni attended and presided over as chief guest at the Zimbabwe International Trade Fair (ZITF) in Bulawayo stadium, Bulawayo city. He toured several stalls and exhibitions with variety of products made locally by Zimbabweans. He also awarded the best farmers at the exhibition, presented a trophy to Zimbabwe Police
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Like most city leaders, Jennifer Musisi, the former municipal head of Kampala, Uganda’s capital city, came into office with plans to shake up how local government did business. She wasn’t afraid to ruffle a few feathers in order to improve how Uganda’s largest metro area, long plagued by corruption and
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Uganda BRAC, one of the largest Microfinance institutions in has transformed into a Tier 2 Credit Institution (Bank) after receiving a license from the Bank of Uganda. BRAC boasts of over 270,000 customers. According to Jimmy Onesmus Adiga, the Chief Executive Officer, the bank will trade as BRAC Uganda Bank
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Uganda Revenue Authority (URA) is to get an additional Shillings 23billion in the coming financial year 2019/2020 budget. This is on top of the authority’s budgetary allocation of 431.26 billion shillings. Uganda Revenue Authority (URA) is to get an additional 23 billion shillings in the next financial year. This is
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World Half Marathon record holder Kenya’s Abraham Kiptum has been suspended provisionally by the IAAF after failing a dope test, Daily Nation reports. Kiptum will now not compete in London Marathon set for Sunday after the Athletes Integrity Unit (AIU) suspended him after having found some anomalies in his Athletes
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Barclays Bank of Uganda Ltd recorded Shs68.84bn profit after tax in 2018, down from Shs72bn registered in 2017, representing a reduction of 4.38%. This is according to the bank’s financial results for 2018 released yesterday. A critical look at the figures show that the profit reduced due to increased expenditure
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