The Minister of Internal Affairs, Kahinda Otafiire Dr Kenneth Omona, Principal Private Secretary to President Museveni has denied allegations that State House hid the letter the Minister of Internal Affairs, Kahinda Otafiire, had written to the President warning him not to sideline the current manufacturer of number plates, in preference for a
Read MoreMonth: January 2025
Women at Heritage Kanaani Farms sorting and drying coffee. Uganda is increasingly earning big from coffee/Business Focus photo The Uganda Coffee Development Authority (UCDA) has revealed that Uganda’s Coffee exports in July 2023 amounted to 645,832 60-kilo bags, worth US$ 104.99 million (Shs408.118Bn), compared to 563,832 60-kilo bags, worth US$
Read MoreUganda Airlines will have its inaugural flight to India on October7, 2023 Uganda Airlines has announced October 7, 2023, as the official date for launching direct flights to Mumbai, India. The national carrier made the announcement Friday at the Golden Tulip Hotel in Kampala during the India-route launch breakfast with the Indian
Read MoreJohn Baptist Kaweesi (Head of Mortgages and Consumer Banking, Housing Finance Bank) gifts Victoria Kisarale (Principal, Viva College) as Yunus Babuwaire (Senior Manager, Personal Banking, Housing Finance Bank) looks on. Housing Finance Bank, a leading indigenous financial institution committed to fostering convenient, affordable, relevant, and empowering solutions, hosted an exceptional
Read MoreParliament has increased the minimum paid up cash capital requirements of Microfinance Deposit-taking Institutions (MDIs) from 25,000 currency points (Shs500M) to 250,000 currency points (Shs5Bn), which is half the value the Ministry of Finance had proposed of 500,000 currency points (Shs10Bn). The decision followed a report by Amos Kankunda, Chairperson
Read MoreThe Uganda National Bureau of Standards (UNBS) has been awarded by the USAID-Advancing Nutrition program Uganda, for its outstanding contribution in advancing nutrition and promoting large-scale food fortification in the country. This was during an event organised by USAID in Kampala, themed; ‘Dissemination of Learning in the Reduction of Micronutrient
Read MoreExclusive Interview: dfcu Bank’s Sandra Kaggwa Shares Insightful Tips On Unlocking Financial Possibilities For You
Sandra Kaggwa, the Manager of Asset Finance at dfcu Bank In the ever-evolving landscape of financial empowerment, innovation takes center stage. We are thrilled to present an exclusive interview with a driving force behind one such innovation - Sandra Kaggwa, the Manager of Asset Finance at dfcu Bank. In this
Read MoreEntebbe Airport Records 185,253 Passengers In July, The Highest Ever In A Single Month
Planes at Entebbe Airport Entebbe International Airport recorded 185,253 international passengers in July 2023, Uganda Civil Aviation Authority (UCAA) has said. According to Vianney M. Luggya, the UCAA Spokesman, this comprised 93,727 arrivals and 91,526 departures. With an average of 5,975 passengers per day in July, UCAA says this is the highest
Read MoreMrs. Mona Muguma Ssebuliba Stanbic Uganda Holdings Limited has appointed Mr. Yinka Sanni and Mrs. Mona Muguma Ssebuliba to fill causal vacancies as Non-Executive Directors. Mr. Sanni is the Standard Bank Group’s Chief Executive for Africa Regions. Prior to his current position, he was the Regional Chief Executive for the West Region
Read MoreUganda Clays Limited has issued a profit warning, revealing that it made a loss for the half-year January – June 2023, according to the Company’s unaudited financial statements. “The loss position is mainly due to a shortage of products that was occasioned by machinery breakdowns. This was exacerbated by the unfavorable
Read More