The Board of Directors of Stanbic Uganda Holdings Limited has announced the appointment of Baker Magunda (pictured above) as an Independent Non-Executive Director and Chairman of the Board, effective 2nd June 2023. Magunda’s appointment follows the retirement of the Board Chairman, Japheth Katto. Magunda currently serves as the Chief Growth Officer at
Read More
URA officials led by Commissioner General, John Musinguzi (2nd Left) officially launching the ‘Mpa E-Receipt Yange’ Campaign. Consumers have been asked to demand for digital receipts after purchasing items The Uganda Revenue Authority (URA) has officially unveiled the ‘Mpa E-Receipt Yange’ Campaign that is intended to empower all taxpayers to demand
Read More
The late Leelaben Maganbhai Barot The mother of Harshad Barot, the proprietor of Tirupati Development (U) Limited, a real estate and construction company has passed away. Miraj Barot, the Managing Director of Tirupati Development (U) Limited, announced the passing of his grandmother, Mrs Leelaben Maganbhai Barot. The matriarch was 94
Read More
Ronald Kasasa (R), Head of Business Banking at dfcu Bank, handing over a certificate to one of the participants at the launch of the Environmental, Social, and Governance (ESG) module yesterday at Silver Spring, Bugolobi organized by dfcu Bank. dfcu Bank, in partnership with GOPA Worldwide Consultants, have today successfully launched an Environmental, Social,
Read More
Promoting skills in Oil and Gas; President Museveni, accompanied by Education Minister Janet Museveni commissioned new facilities at the Uganda Petroleum Institute Kigumba on 14 January 2023. The Ministry of Education and Sports is progressing well in implementing the NRM Manifesto Commitments for 2021-2026. Below is a detailed report about the
Read More
President Museveni launching the Regional ICT Infrastructure Project in Gulu City last year. Under the Manifesto, the President promised to expand ICT services across the Country. The Ministry of ICT & National Guidance (MoICT&NG) has registered a number of achievements in as far as the implementation of the NRM Manifesto
Read More
At least 23 financial institutions in Uganda now have their Automated Teller Machines (ATMs) and points of sale connected by Interswitch, an integrated payments and transaction processing company. This means that account holders at the various banks and other financial institutions can now access their accounts at 650 ATMs countrywide,
Read More
Uganda's debt stock has witnessed a significant surge over the past decade, primarily driven by the government's intensified investment in infrastructure projects. This trend gained further momentum in the fiscal year 2020/2021 during the COVID-19 pandemic. The total national debt, (domestic and external) increased to 21.74 billion dollars (about 80.77
Read More
Ronald Kasasa, (R) Head of Business Banking, dfcu Bank, handing over a certificate to one of the participants at the launch of the Environmental, Social, and Governance (ESG) module yesterday at Silver Spring, Bugolobi organized by dfcu Bank. dfcu Bank, in partnership with GOPA Worldwide Consultants, have today successfully launched
Read More
City Hall, the head offices of KCCA The Kampala Capital City Authority (KCCA) has revealed that the money released for fixing roads across the city was used to pay off contractors as to convince them to take up more work. The revelation was made by Dorothy Kisaka, Executive Director while
Read More
