Minister of State for Finance (General Duties), Henry Musasizi Parliament's Joint Committees of National Economy and Finance have recommended that the Ministry of Finance sues Standard Chartered Bank for breach of contract and wasting Parliament’s time in considering their loan proposal. This is after the lender failed to raise money /loan it had
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The Uganda Human Rights Commission (UHRC) has revealed that the prolonged dry spell that ravaged Karamoka dub-region claimed lives of 2,255 people in the districts of Kotido, Moroto, Kaabong and Napak. The Commission made the shocking revelation in their 25th Annual Report on the State of Human Rights and Freedoms
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Edward-Claessen-Head-of-the-EIB-Regional-Office-in-Nairobi-during-the-visit-to-Vert-Limited A delegation representing the European Investment Bank (EIB) is on a week-long visit of Uganda to discuss a pipeline of investment opportunities in the country. Led by the Head of the EIB Regional Hub for Eastern Africa, Edward Claessen, the delegation is visiting the ministries of water, transport, energy,
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Representatives of Taasa Obutonde partners in a group photo Stanbic Bank Uganda Limited, together with its partners in the Taasa Obutonde campaign will mark the 50th Anniversary of the World Environment Day on June 5 with activities aimed at reducing plastic pollution across Uganda under the hashtag #BeatPlasticPollution. This year’s World Environment Day theme
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Africa is set to be the second-fastest growing region in the world after Asia in 2023-24, demonstrating the resilience of its economy despite dealing with multiple global shocks. But the projected growth will depend on global conditions and the continent’s ability to bolster its economic resilience, the African Development Bank’s
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Best Farmers 2019 cohort being flagged off by the sponsors for a fully paid agricultural trip to the Netherlands at the dfcu Head Office, Nakasero. dfcu Bank, yesterday flagged off thirteen farmers who emerged as winners in the 2019 cohort Best Farmers competition. In collaboration with Vision Group, KLM Airlines, Koudijs, the Netherlands Embassy and
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The Government of Uganda plans to abandon a move to borrow Euro500M (Shs2.008Trn) from Amarog Capital Ltd, Sovereign Infrastructure Group and other financial institutions, after discovering that Amarog is a private money lender operating in agriculture sectors in Kenya and Uganda. The Minister of State for Finance (General Duties), Henry Musasizi (pictured),
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UBA Uganda Managing Director and CEO,Chioma Mang (Centre) addressing the press about Africa Day. Looking on are members of the bank’s top management United Bank for Africa Uganda (UBAU) has celebrated Africa Day with a call for innovation and creativity as the theme for 2023 Africa Day to solve problems facing
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Hon. Lamwaka presented the committee report on the bill Parliament has passed the Competition Bill 2022 that will facilitate fair competition in markets and prevent practices having adverse impacts on competition in markets. The bill primarily seeks to control anti-competitive behaviour of firms that has a negative impact on competition
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KCB Group CEO Paul Russo during the bank's 2022 full-year financial results investor briefing on March 16, 2023. PHOTO | DENNIS ONSONGO | NMG KCB Group has disclosed an additional KSh1.2 billion (UShs32.3bn) equity investment in the Ugandan unit during the financial year ended December 2022 as it moved to strengthen its
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