Eskom Uganda Managing Director Thozama Gangi (R) cuts a ribbon to commission the renovated Administration block at Njeru Primary School. Looking on is School Board of Governors’ Chairman, Fred Kiwanuka. Eskom Uganda today handed over the renovated administration block to the school management in time for the school reopening to
Read MoreMonth: December 2024
A new hunger report has revealed that between one and three million people in Uganda need to be fed urgently while Somalia has up to five million hungry citizens. New data has also revealed that nearly half a million Kenyans go to bed on an empty stomach due to deteriorating
Read MoreMinister Rwamirama (L) meeting Cuban Ambassador to Uganda, Antonio Luis Pubillones Uganda is set to import anti-tick vaccine from Cuba. This was reached at during a meeting between the Minister of State for Animal Industry, Bright Rwamirama and the Cuban Ambassador to Uganda, Antonio Luis Pubillones held on October14, 2020
Read MoreEquity Bank Uganda Managing Director, Samuel Kirubi is doing a commendable job Equity, with a balance sheet size worth Kshs. 673.7 billion at the end of 2019, has been listed at number 7 among the top 10 Banks in Africa in 2020 with a score of 5.82 in the overall
Read More35,000 Ugandans Lose Employment Opportunities As Labour Recruiting Companies Remain Closed
UAERA addressing the press today at their offices at Hotel Africana Labour recruiting companies under their umbrella body, the Uganda Association of External Recruitment Agency (UAERA) have revealed that 35,000 employment opportunities for Ugandans have been lost in the last 7 months. This is contained in a statement issued by
Read MoreMany African countries have eased coronavirus restrictions The World Health Organization (WHO) has warned that Africa cannot afford a second wave of Covid-19, saying it would be devastating especially to the economy. The warning comes as infections continue to spike in many countries that have recently been easing restrictions. The
Read MoreSudhir Writes To Museveni, Reveals How Marijuana Growing For Medical Purposes Can Transform Uganda’s Economy
Tycoon Sudhir Ruparelia Property mogul and arguably Uganda’s richest man, Sudhir Ruparelia has written to President Yoweri Museveni over delayed approval of marijuana growing for medical purposes by government. The businessman details how cannabis (marijuana) can play a great role in the transformation of Uganda’s economy. Below is Sudhir’s letter
Read MoreTop World Bank Economist Says Financial Crisis Could Emerge From Pandemic
World Bank Chief Economist Carmen Reinhart (pictured above) said the coronavirus pandemic is turning into a major economic crisis and warned of the possibility of a financial crisis emerging. “This did not start as a financial crisis but it is morphing into a major economic crisis, with very serious financial
Read MoreThe local currency hit pockets of volatility in early trade but price action became less intense towards the end of week as demand subsided. Mid month tax payments did little to support the unit. Trading was in the range of 3700/3710 during the week ending October15, 2020.In the fixed income
Read MoreThe Electoral Commission has successfully concluded the first day of the nomination of candidates for Parliamentary Elections 2021. The exercise, which is being conducted at nomination centers in all the 146 districts and cities across the country, has so far attracted a high number of aspirants who include party-sponsored candidates
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