Kin Kariisa (pictured), the Chief Executive Officer at Next Media Services has assured his employees that their jobs are secure despite the COVID-19 pandemic that has disrupted the world. This has necessitated companies to downsize, leaving millions of people across the world jobless. In Uganda’s media industry, Vision Group has
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Leading East African conglomerate takes its core business systems to the Cloud to improve visibility across the organisation and unlock greater efficiencies in operations Mukwano Industries is one of the great success stories of the Ugandan business world. From humble beginnings as a general dealer in Kampala in the 1980s,
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The Parliamentary Commission should apologize to Members of Parliament over the controversial Shs20m, Ruhinda County North MP, Thomas Tayebwa, has demanded. Parliament recently allocated itself Shs10bn out of the Shs304bn supplementary budget to fight the Covid-19 pandemic. Tayebwa said that the proposal by Kawempe North lawmaker, Latif Ssebagala that MPS
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The Danish Ambassador to Uganda H.E Nicolaj A. Hejberg Petersen (R) handed over the donation to World Health Organisation and United Nations Population Fund Programme representatives The Danish Government as represented by the Danish Ambassador to Uganda, H.E Nicolaj A. Hejberg Petersen has donated a total of 14,500,000DKK (Fourteen million
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Ecobank Uganda Managing Director, Clement Dodoo The future of Ecobank Uganda is undoubtedly bright after the pan-African bank consolidated growth over the last four years. Headed by Clement Dodoo (pictured) as Managing Director and Annette Kihuguru as the Executive Director, Ecobank’s total assets grew by 61.4% to Shs671.3bn in the
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The Government of Uganda has recalled the rotten beans that it has been dishing out to vulnerable communities in Greater Kampala after being hit hard by the Coronovirus lockdown This was revealed by State Minister for ICT, Peter Ogwang who took to his Twitter saying: "Today we had to recall
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President Yoweri Museveni has said very soon every Ugandan maybe required to wear a mask as one of the COVID-19 preventive measures. The President made the remarks while ‘officiating’ at the International Workers Day celebrations at State House Entebbe. This event was supposed to happen in Mbarara, but due to
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Abdulaziz M.A. Mansur, the Tropical Bank Managing Director Tropical bank turnaround isn’t about to happen. The troubled financial institution continues to post losses. Tropical bank 2019 financial results show that the bank’s losses increased by 314.3% to Shs23.95bn in 2019 from Shs5.78bn loss recorded in 2018. The bank has been
Read MoreThe Uganda Shilling traded sideways with no distinct trend as market activity remained curtailed due to COVID 19 effects on the broader economy. At the close of week, the shilling was quoted at 3800/3810.In the fixed income segment, there was no primary auction, market activity was restricted to the secondary
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The Uganda People's Defence Forces (UPDF) has denied claims that Ugandan soldiers have occupied Democratic Republic of Congo (DRC). “This is to refute the information circulating on social media that more than 1000 UPDF troops have entered the DRC .It is absolutely not true because all forces along that common
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