Directors and management of online news website, the Spy Reports (www.spyreports.co.ug) have issued an apology to Kampala Metropolitan Police (KMP) Commander, CP Moses Kafeero over a believably damaging story about his wedding. The soft-spoken police boss walked down the aisle, his longtime fiancée Mary Antonia Nakayita, 34, at St. Francis
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Equity Bank Uganda will be showcasing feasible investment and banking opportunities for Diaspora customers back home at this year’s Uganda North America Convention being held at the Hyatt Regency in Chicago, from August 29 to September 1, 2019. A delegation led by the Bank’s Executive Director, Anthony Kituuka (Centre in
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A new report has revealed the state of Uganda’s indebtedness, with public debt growing by 22% in the last two financial years. “Uganda's Public debt stock increased by 22% from Ushs.34.423.52 trillion recorded in the FY 2016l17 to Ushs.42.07047 trillion in the FY 2017/18. The existing debt stock constitutes of
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Uganda’s Energy Ministry has stressed that Tullow must pay Capital Gains tax before it can be allowed to sell part of its stake to Total and CNOOC Uganda. Tullow confirmed earlier Thursday that their Sale and Purchase Agreements (SPAs) deadline had passed. The Ministry’s Permanent Secretary, Robert Kasande in a statement
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Members of Parliament have urged government to learn from the Netherlands and build the capacity of farmers in a bid to transform the agricultural sector. The delegation led by Lyandro Komakech made this call following visits to agriculture equipment companies and farms in Netherlands on the sidelines of the 2019 Uganda Netherlands Business Convention.
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An agreement between Tullow Oil and two international oil companies to share the costs of developing a Ugandan oil field has been terminated, leaving Tullow to find new partners, Business Focus understands. It should be noted that on January 9, 2017, Total and Tullow entered into a Sale and Purchase
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TheWorld Health Organization (WHO) has asked Kenyans and East Africans to be vigilant against a fake antibiotic in circulation in the market. The WHO said that fake versions of Augmentin are in circulation in some pharmacies in Kenya. It also said they could be found in Uganda. Augmentin is a
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The Sasakawa Association will work with the Japan International Corporation Agency (JICA), to help double rice production to 50 million tonnes by 2030. Japanese Prime Minister Shinzo Abe made the announcement at the Sasakawa Africa Association (SAA) symposium held on Wednesday during TICAD7. “Japanese technology can play a key role
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Parliament has granted Igara County East MP, Micheal Mawanda, leave to introduce a private member’s bill that seeks to amend Article 161 of the Constitution to remove the Governor and Deputy Governor Bank of Uganda from serving as chairperson and deputy chairperson of the board of directors respectively. According to
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Ugandan Small and Medium Enterprises (SMEs) have been advised to exploit the regional markets and opportunities in order to grow their companies. Speaking at the celebrations to mark 11 years of the Daily Monitor organised Top 100 Mid-sized Companies at Sheraton Hotel on Wednesday morning, Uganda Investment Authority (UIA) Acting Director
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