The popular Royal Ascot Goat Races have launched to support an Eco Brick project to build toilets aimed at improving sanitation at the Good Samaritan High School in Kamwokya. The goat races are part of Ruparelia Foundation’s Corporate Social Responsibility. The Goat races which will happen on 12th October 2019
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Two Bank of Uganda (BoU) officials are set to be arraigned before the Anti- Corruption Court in Kampala to face corruption charges. Francis Kakeeto and Fred Vito Wanyama, both bankers with BoU are facing charges of abuse of office and corruption as an alternative count allegedly committed on 26th April 2019 between
Read MoreUganda Revenue Authority (URA) has busted a racket of human traffickers using its state of the art scanners. The people being trafficked were bundled in wooden boxes and placed inside a container, but the scanners were able to detect them. According to a statement from URA, the time was 00:49hrs
Read MoreThe Uganda shilling strengthened against a backdrop of strong inflows from commodity exporters and portfolio flows targeting the fixed income investments during the week ending 21st June 2019. Trading was in the range of 3690/3700 compared to Monday opening levels of 3715/3725. In the money market, overnight funds were priced
Read MoreNational carrier Kenya Airways (KQ) has fallen five places in the latest global ranking of airlines to position 90, trailing its regional rival Ethiopian Airlines that ranked among the top 50 carriers, a report shows, Daily Nation reports. Skytrax World Airline Awards had placed KQ in the 85th position in
Read MoreCURRENCY SAGA: CAA Reveals They Don’t Inspect What BoU Brings Into The Country
The Civil Aviation Authority - CAA never dealt directly with the Central Bank on matters relating to a chartered plane that was carrying Printed currency notes from abroad. The clarification came in relation to questionable cargo that was found on a plane chartered to deliver pallets of printed currency
Read MoreVivo Energy plc (Vivo Energy),the pan-African retailer and distributor of Shell and Engen-branded fuels and lubricants, has agreed to form a non-fuel joint venture to accelerate the roll-out of KFC restaurants in Kenya, Uganda and Rwanda. The 50:50 joint venture will manage and operate the restaurants in the three markets
Read MoreEfforts by Uganda Government to revamp the struggling Uganda Telecom Ltd (UTL) have hit another setback after Minister of State in charge of Investments, Evenly Anite admitting that Government has lost control over Uganda’s oldest telecom firm. Making the shocking confession during today’s plenary sitting, Anite who looked shocked herself
Read MoreUganda's exports earnings fell sharply in the month of April compared to March owing to a drop in gold exports and goods crossing to Rwanda, a Ministry of Finance filing shows. The May 2019 economy performance report shows that export earnings fell by 49.1% from US$ 604.41 million in March
Read MoreThe Uganda Atomic Energy Council-AEC-Uganda has closed the x-ray section at Masaka Regional Referral hospital citing radiation leakage. AEC-Uganda is mandated to regulate the peaceful application of ionizing radiation, protection and safety of radioactive sources. A source told local news agency, URN that the xray was closed because of
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