20,000 Banknotes The demise of Prof. Emmanuel Mutebile-Tumusiime, the late Government of Bank of Uganda (BoU) doesn’t affect banknotes bearing his signature, the central bank has clarified. "The change of the office bearer or the demise of the person who signed banknotes as Governor does not in any way affect
Read More
CFAO Uganda officials in a group photo after announcing change of name from Toyota Uganda Toyota Uganda Limited, the market leader in Uganda’s new car industry, announced today that it has changed its name to CFAO Motors Uganda. This transformation goes hand in hand with the progressive expansion of the range
Read More
President Yoweri Museveni speaking during the announcement of FID event “D-Day means Day of Departure, and to us, its day of departure to work.” This is what the announcement of the Final Investment Decision on Tuesday means for the oil and gas joint venture companies, according to Total Energies Chairman
Read More
Lead partners in a group photo after announcing the FID International Oil Companies (IOCs) led by TotalEnergies and China National Offshore Oil Company (CNOOC) Tuesday afternoon joined the Uganda National Oil Company (UNOC) announced the Final Investment Decision (FID) for Uganda’s oil and gas projects. The announcement was made by TotalEnergies
Read More
The Uganda Women’s Parliamentary Association (UWOPA) is set to table a motion before parliament to discuss the recent ban by Church of Uganda against teenage pregnant mothers from accessing church founded schools. The notice was given by Sarah Opendi, the Tororo District Woman MP, who also doubles as Chairperson UWOPA
Read More
A Primary school teacher of Lakwana Primary School (pictured above)in Omoro district has been suspended from his job due to misconduct and abusing his office. Alex Ogwan, a Primary Five teacher has been suspended from conducting lessons by his boss, the head teacher of that school Mr. Acelam Oyet Resceker
Read More
IOCs officials after announcing FID CNOOC Uganda Limited, an oil and gas company has today announced Final Investment Decision (FID) for the development of the Kingfisher Development Area (KFDA) and the LA 2 South. The decision was made following accomplishment of the Host Government Agreements (HGA) agreement signed between Government
Read More
The joint venture partners in Uganda’s Oil and Gas sector are set to make the Final Investment Decision (FID) today afternoon. The FID by TotalEnergies, CNOOC and Uganda National Oil Company (UNOC) is expected to see money invested towards the development of the Kingfisher and Tilenga projects in the Albertine Graben and the
Read More
Judith Kobusingye Rutaro, a retired banker, now a coffee entrepreneur displays processed coffee at her home in Rubirizi Judith Kobusingye Rutaro is retired banker. When she retired from the bank, she returned to her coffee garden to keep herself busy and earn money to maintain her lifestyle. Kobusingye, who is based in
Read More
Ronald Kasasa, dfcu Bank’s Head of Business Banking dfcu Bank has launched its Small Business Recovery Fund that aims to offer a financial uplift to small businesses that have been adversely impacted by the COVID-19 pandemic. The dfcu recovery fund is part of the bigger industry action spearheaded by Government
Read More
