Kumaran Pather, the Managing Director / CEO of Orient Bank Limited Subsequent to finalisation of the share acquisition transaction, I&M Group has announced plans to rebrand its newly acquired business in Uganda, Orient Bank Ltd to I&M Bank (Uganda) Limited. I&M Group PLC’s acquisition of 90% shareholding in Uganda’s Orient Bank
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Ceres juices are distributed in different countries Apple juice made by South African firm Ceres has been recalled from seven African countries over high levels of patulin that can cause vomiting and nausea. Patulin is a mycotoxin produced by a variety of moulds found in apples and apple products. Laboratory
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MTN Uganda CEO, Wim Vanhelleputte expects good public response to the share offer Over the next six weeks, investors will be able to apply for MTN Uganda shares after the Initial Public Offer (IPO) which was announced on Monday. With individual investments capped at 500 shares, each selling at 200 Shillings, the
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The iconic Kasubi tombs BBC has profiled Africa's iconic architecture in 12 buildings, with Kasubi Tombs established in 1882 topping the list. According to BBC, while the pyramids of Egypt are recognised around the world, much of Africa's architecture remains unknown - something architects Adil Dalbai and Livingstone Mukasa hope to change. They
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L-R: MPS Michael Mawanda (Igara East) and Christine Sendawula (Kyankwanzi DWR) appearing before Education Committee Owners of private schools have asked Government to set up a revolving fund worth Shs5000bn by December 2021 from which they can draw money to facilitate the reopening of schools in January 2022. Michael Mawanda (Igara East)
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The Uganda People’s Defense Forces - UPDF has handed over two suspected National Salvation Front - NSF rebels to the South Sudan Government. The suspected rebels include Corporal Victor Batal, 45, and Augustine Yakal, 21, all residents of Morobo County, Central Equatorial Province in South Sudan. Batal was arrested from
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The Fisheries State Minister, Hellen Adoa has threatened to name and shame illegal fishermen on Lake Victoria and the other country’s major water bodies masquerading as statehouse officials. Addressing staff at the National Fisheries Resources Research Institute-NAFIRRI in Jinja city on Wednesday, Adoa claimed that most illegal fishermen are wealthy
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The Uganda Electoral Commission has set December 16, 2021 as the polling date for Kayunga Local Council V (LCV). The district LCV seat fell vacant after LCV Chairman Ffefeka Sserubugo died on June 16, 2021. Now, the EC, as mandated, is conducting an exercise leading to the filling of the
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Lake Victoria The delayed release of funds by partners states to finance the activities of the Lake Victoria Fisheries Organization-LVFO has slowed research on East Africa’s largest shared water body. LVFO is mandated to conduct studies on the different aspects of Lake Victoria with funding from the subscriber states. Each
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Government-sponsored students at Makerere University are protesting the selective disbursement of allowances. Apparently, only students from the School of Medicine and those under the College of Veterinary Medicine, Animal Resources and Bio-security (COVAB) received their allowances as of last week. Makerere university resumed learning activities on August 30, 2021, with
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