Uganda Airlines has started operating domestic scenic flights, which are targeting first time flyers and also boosting the carrier’s revenues from charters. The airline recorded shillings 7 billion from ten chartered flights it operated in the first quarter of this year. Shakira Rahim, the spokesperson of the national carrier told
Read More
On May 26, Standard Bank claimed the prestigious title of ‘African Bank of the Year’ at the esteemed 2022 African Banker Awards held in Accra, Ghana. The title is a testament to Standard Bank’s quality of service and dedication to the continent as the category was judged not only on
Read More
Dr. Ruth Nankabirwa Ssentamu has urged the house of bishops of the Church of Uganda to support the development of Uganda’s oil and gas sector, given the significant positive impact it is having, and will continue to have on Uganda. She made this call during a meeting with the House
Read More
Workers package Sugar at Atiak Sugar Factory in Amuru District. Atiak Sugar Factory in Amuru District has temporarily shut down sugar production over inadequate can supply. The factory commenced production of brown sugar for both domestic consumption and export in 2020 and was meant to get sugarcanes from out-growers in
Read More
The Uganda Shilling continues its downward trend against the US dollar more than two months since its appreciation journey against the dollar was halted. It has since depreciated by more than 200 shillings. The official foreign exchange rate by the Bank of Uganda put the dollar at 3,750.91 buying, while
Read More
URA officials led by URA’s Commissioner General John Rujoki Musinguzi (Left) addressing used car dealers The Uganda Revenue Authority (URA) has reviewed its earlier directive to remove motor vehicles dating nine years old or more from the warehousing regime to adopting a one-year reduction approach on warehousing regime for
Read More
By Dumisani Moyo, Marketing Director, SAP Africa The month of May is significant for the African continent because it is during this month that we celebrate Africa Day. Africa Day commemorates the formation of the African Union on May 25, 1963. It is a day when Africans celebrate the
Read More
For many new and seasoned cryptocurrency investors, it is important to note that the ecosystem is characterized by bulls and bears – trending upwards or downwards depending on several market factors such as public hype, supply, demand, and investor sentiments, among others. Therefore, to sustain the community of users who
Read More
George Okol (2nd Right) shaking hands with NWSC Deputy MD, Sylvia Alinaitwe after his instillation as the President of Rotary Club of Bweyogerere-Namboole. The Director of Commercial and Customer Services at National Water and Sewerage Corporation (NWSC), George Okol has been installed as the new President of Rotary Club of Bweyogerere-Namboole. Okol
Read More
A street view of London, UK. Kenyan buyers are spending an average of 210,000 pounds (Sh30.7 million) on a house in Birmingham, Manchester, London, Liverpool, and Leeds in the UK. PHOTO | SHUTTERSTOCK Kenya’s middle class and the ultra-rich have turned to the UK to buy houses for renting out
Read More
