Online retailer Jumia Technologies, often called “the Amazon of Africa,” has closed its e-commerce business in Tanzania, it said in a statement on Thursday, less than two weeks after shutting down in Cameroon. “As part of our ongoing portfolio optimisation effort, Jumia has come to the difficult decision to cease
Read More
Absa Bank Limited has received regulatory approval from both the United States Federal Reserve Board and New York State Department of Financial Services (NYSDFS), the New York State regulator, to open a representative office in New York. The office is expected to be operational by the end of the year.
Read More
Uganda's Electoral body, the Electoral Commission (EC) will on Friday host a twitter chat to better inform the public on the on going General Update Of Voters' Register. The General Update Of Voters' Register exercise was launched last week by the EC Chairperson, Justice Simon Byabakama and is expected to
Read More
Uganda is set to become the 7th largest Parliament in Africa if Government’s proposal to create more Constituencies is approved by the 10th Parliament. The development will see the number of MPs increase from the cureent 461 to 481. Tom Butiime, Minister of Local Government is set to table a
Read More
A total of 300 pupils are basking in excitement after they graduated in their Pre-Primary top class at Kampala Parents School in the city. They graduated at a colorful ceremony held at the school on Thursday. Kampala Parents Schools is one of the country's top schools that prides itself in
Read More
After developing the great success brands Nile Special, Club and Eagle, Nile Breweries has now created the first Premium Ugandan Stout. Nile Special Stout is brewed with the finest Ugandan Malts and Roasted Barley. It is brewed at the Source of the river Nile. The liquid is beautifully dark and
Read More
dfcu Bank customers can now access Agent Banking services at select Shell fuel stations across the country. This follows an official announcement of a strategic partnership between Vivo Energy Uganda and dfcu made this morning at Shell Banda. Speaking at the launch, the dfcu Chief Executive Officer Mathias Katamba said:
Read More
Fairway Hotel that is located in the heart of Kampala is expanding to accommodate the increasing number of customers as a result of its superior services and customer care. Speaking at the sidelines of the Independent Online Journalists Association (indoja-U) retreat hosted by Fairway Hotel, Anthony Sifuma, the Food &
Read More
Uganda's state minister for transport, Aggrey Bagiire, has highlighted the country's maritime potential saying it cab be tapped to boost development. Bagiire made the remarks in a Keynote address at the 31st Session of the Ordinary General Assembly of the International Maritime Organization (IMO). This year's Assembly which is currently
Read More
The Minister of Finance, Planning and Economic Development, Matia Kasaija has said Uganda’s economy is growing although some regions in the country are not growing. “There are some areas where poverty is still biting hard despite (he fact that) some parts have already achieved middle income status,” Kasaija said without
Read More
