Dfcu Bank has agreed to vacate all the branches owned by Meera Investments Limited, which is part of the Ruparelia Group of Companies. The bank has called opened bids for companies that want to provide consultancy services at it seeks to relocate to new areas in various districts and towns
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Prof. Emmanuel Tumusiime-Mutebile, the Governor, Bank of Uganda (BoU) has revealed that infrastructure investment without corresponding human capital development will not transform Uganda’s economy. “…Public investment in infrastructure at the cost of human capital development will not support Uganda’s economic transformation. Uganda’s prosperity in the years ahead will largely depend
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Over 400 women entrepreneurs have benefited from a business training in Kampala organised by dfcu bank in partnership with Daily Monitor and Uganda Investment Authority. This marks the climax of a series of Business trainings that have been running across the country under the Rising Woman Initiative regional tours in
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Tanzanian President John Magufuli has praised a senior government official for caning a group of secondary school students who were accused of setting fire to their dormitories. A widely-shared video shows regional commissioner Albert Chalamila administering beatings to a group of students who were lying face down. Earlier, a government
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President Yoweri Museveni has appointed under fire Inspector General of Government (IGG) Lady Justice Irene Mulyagonja to the Court of Appeal, Business Focus reports. She has been appointed alongside two others; Lawyer Muzamiru Kibeedi and High Court Judge Monica Mugyenyi Kalyegira. 12 new High Court Judges have also been named
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It was fun, entertaining and networking as Uganda’s richest man, Dr. Sudhir Ruparelia captained the taxpayers in a mouthwatering charity game played against Uganda Revenue Authority (URA) that was captained by the taxman’s Commissioner General, Doris Akol. Ruparelia Group of Companies founded by Sudhir is one of the biggest taxpayers
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The Uganda shilling held its ground against the dollar during the week ending 4th October 2019, trading slightly stronger compared to the previous week. The unit was supported mainly by commodity in flows amid sagging demand from the major market players. Trading was in the range of 3675/3685. In the
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Government has been criticized over failure to implement the proposed merger of mushrooming government agencies and departments, with MPs saying the slow pace of carrying out the said exercise has left staff and donors anxious on their next move. Taking to the floor of Parliament during today’s plenary sitting, Kiboga
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The National Environment Management Authority (NEMA) has stopped Zetong Bang Limited, Chinese Company, from carrying out any activity in Katonga wetland. This follows reports that the company had violated the conditions of the user permit which had been granted to them. The illegal activities of the company were exposed by
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Former Red Pepper journalist and businessman, Keefa Nuwahereza, has joined the race for Kamwokya LC 3 seat. Nuwahereza, 34, a resident of Kamwokya joins a list of other aspirants working tooth and nail to unseat the current L.C.3 Chairman, James Kakoza come 2021. The People Power diehard has already started
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