Uketa instructors Rachael Nalumu, Shakib Nsubuga and Joel Muhumuza An expert in the Small and Medium Enterprises (SME) has revealed that nearly 75% of start-ups do not celebrate their first birthdays. Shakib Nsubuga, Jumia's Expansion Manager, was last evening speaking at the launch of Uketa, an innovative online course platform
Read More
The senior Karamoja minister, Mary Kitutu is under detention For over a month, the Parliamentary Presidential Affairs Committee, the State House Anti-corruption Unit, and the Police Criminal Investigation Department-CID have been investigating senior government officials over claims that they allocated themselves iron sheets that were meant for Karamoja. When they
Read More
Mwine Mpaka, the Mbarara South MP A section of MPs on Parliament’s Trade Committee have decried the endless political interference into the operations of Uganda Development Corporation (UDC) especially when making decisions on what companies to bailout by Government. The concern was first raised by Mwine Mpaka, the Mbarara South MP, as
Read More
Executive Director of UTB Lilly Ajarova (Right) and Bradford Ochieng, Deputy Executive Director UTB while appearing before Parliament's Trade Committee The Uganda Tourism Board (UTB) is seeking Shs77.4bn for adverts to promote Uganda’s tourism industry. Out of the Shs77.4bn, Shs2Bn will be spent on shooting a documentary that will be
Read More
L-R: dfcu Bank’s Robert Wanok, William Sekabembe, Dr Moses Isooba - Executive Director of Uganda National NGO Forum, dfcu Bank’s Robinah Nanjego Muhinda, Godfrey Mundua, and Julius Kateera during the dfcu Bank NGO Forum at Hotel Africana Non-Governmental Organisations play a critical role in the socioeconomic development of a country,
Read More
Umeme exit is already adversely affecting Ugandans Government is expected to pay electricity distribution company, Umeme US$215M (approximately Shs800bn) upon its exit as of December 2022. The revelation was made by Irene Bateebe, Permanent Secretary Ministry of Energy and Mineral Development while appearing before Parliament’s Committee on Environment and Natural Resources to
Read More
State House Entebbe The Uganda Wildlife Education Centre (UWEC) wants Shs4bn for the construction of a wall fence along the Entebbe Zoo so as to protect occupants of State House Entebbe and other surroundings against attacks from wild animals that may go rowdy. The request was made by James
Read More
A Kenya Airways plane at the Jomo Kenyatta International Airport. FILE PHOTO | LUCY WANJIRU | NMG Kenya Airways hired 514 employees in the year ended December when it reported a record net loss amid higher operating expenses. KQ, as the airline is known by its international code, closed the
Read More
Fitch, the international credit rating agency, has retained the Stanbic Bank Uganda’s National Rating at 'AAA (uga)/Stable', the highest possible on national scale in its latest report issued last week. The rating agency also upgraded Stanbic Bank Uganda’s Viability Rating (VR) to 'b+' from 'b' due to improved capital buffers
Read More
Kenyans will continue waiting for cheaper flour after it emerged that the government's search for cheap maize was facing headwinds on limited supply of the grain on the international market. The Ministry of Agriculture has opened negotiations with traders aimed at reviewing the KSh4,200 per 90-kilo bag that the government
Read More
