Real Estate Agents are unregulated Parliament has granted leave to West Budama North MP, Richard Othieno Okoth to draft and introduce a Private Members Bill called the Real Estate Agents Bill 2020. While asking Parliament to grant him leave yesterday, Okoth said that most real estate agents make money through commission for services
Read MoreMonth: May 2024
Uganda Communications Commission has directed that the programme ‘World Express’ on Endigyito Radio remain suspended until management satisfactorily demonstrates that it will not continue to breach the law and standards. In her letter dated 20 May 2020, the Ag. Executive Director Irene Kaggwa Sewankambo (pictured) said the remedial measures proposed
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Members of Parliament sitting on the Gender and Finance Committees have resolved to meet President Yoweri Museveni over the controversial National Social Security Fund (NSSF) Amendment Bill 2019. MPs say they need to first seek the President’s clarification and input in some sections of the Bill before they add theirs
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Analysis & OpinionsBanking
INTERVIEW: How Housing Finance Bank Is Driving Convenience Through Digitization
COVID-19 has paved the way for digital transformation as businesses shift operations to cope with office closures, restricted movement and supply interruption. Inevitably, most industries are operating in a constant state of flux, and businesses are rapidly adapting strategies to evolve with rapidly changing consumer behavior. In many cases, we
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Uganda registered 31 new cases on Tuesday bringing the country's total to 253. The cases were of truck drivers at the country's border points while eight of the new were contacts of previously confirmed cases. Tuesday's results came on the day the country begun easing restrictions of the nationwide lockdown
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Tanzanian comedian Idris Sultan has appeared at a arraigned at a magistrate's court this morning in the commercial capital, Dar es Salaam, eight days after he was arrested. Sultan is to be charged with cybercrimes offences, tampering with evidence and using a Sim card registered in someone else’s name, a
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New swarms of locusts are increasing the risk of food insecurity for millions of people in East and Central Africa who are already reeling from the impact of Covid-19 and flooding, humanitarian agency Oxfam has said in a new report. Locust invasions in recent months are estimated to have destroyed
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FeaturedNews
Africa Beyond COVID-19: Pres. George Weah, US Senator Chris Coons, Tony Elumelu Urge Gov’t and Private Sector Collaboration
United Bank for Africa (UBA) celebrated Africa Day 2020, by bringing together global leaders at the 2nd UBA Africa Day Conversations, screened live across the continent. UBA helps set the debate around African economic development through its series of “Africa Conversations”. This year, the focus was on the Sustainable Development
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Analysis & OpinionsBankingFeatured
EXCLUSIVE: Uganda’s Largest Banks By Loans Lent To Customers Named
Uganda’s commercial banks lent out Shs14.3 trillion in 2019, up from Shs12.8 trillion in 2018, an exclusive analysis done by Business Focus indicates. This shows that Ugandans are increasingly borrowing and the banking sector seem to have recovered from the toxic effects of the 2011 crisis. However, this is going
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MPs on the Parliament's Budget Committee have recommended to Parliament to approve a supplementary request of Shs33.332bn of which Shs9.172Bn is for recurrent expenditure and Shs24.159Bn for development expenditure. This comes hardly four weeks to the end of the 2019/2020 Financial Year, It should be recalled that Government presented to
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