Total's oil drilling rig at work in Buliisa The Uganda National Oil Company (UNOC) has revealed that Uganda’s oil and gas sector has cumulatively attracted contracts worth US7.163Bn (Shs28.052Trn). However, locally owned companies have only scooped deals worth US2Bn (Shs7.830Trn). The revelation was made by Proscovia Nabbanja, the Chief Executive Officer at Uganda
Read MoreMonth: December 2024
Team from Rise and Shine Secondary School in Ntinda In a groundbreaking display of innovation, Team Imperial Tech from Rise and Shine Secondary School in Ntinda, Uganda, has emerged as this year’s regional champions of the Sahara STEAMers Grand Demo Competition 2.0. The competition, now in its second year, is
Read MoreFort Portal Family Seeks Cancellation Of Land Title Claimed By Former Kenyan Vice President’s Wife
Lawyer MacDusman Kabega (left) talking to his client Beatrice Nyindombi Karanja in Court. The Family of the late Juma Hussein has asked the High Court in Fort Portal to cancel a 73-acre land title claimed by Beatrice Nyindombi Karanja, the widow of former Kenyan Vice President Dr Joseph Njuguna Karanja.
Read MoreThe Uganda Revenue Authority (URA) Commissioner General, John R. Musinguzi (pictured), has appealed to Ugandans to promote the usage of the Electronic Fiscal Receipting and Invoicing System (EFRIS) by requesting for fiscalized receipts whenever they buy goods and get VAT-related services. “When a person issues an e-receipt through EFRIS, we are
Read MoreL-R: Aaron Akampa, Stanbic Bank Head of Enterprise Banking, Doreen Kironde, Head of Trade and Africa China Banking, Phillip Ssali the Head of Corporate Sales Global Markets, Annette Kiconco Head of Public Sector Banking A slight easing of activity in some sectors of the economy during February dropped the headline
Read MorePatrick Ayota, the NSSF Managing Director The National Social Security Fund (NSSF), Uganda’s national savings scheme, has hit Ugshs 20 trillion in Assets Under Management (AUM), one and a half years ahead of schedule, according to the Fund’s 10-year Strategic Plan. In 2015, the Fund launched the 2015-2025 Strategic Plan,
Read MoreThe Tororo District Woman MP, Sarah Opendi (pictured) is expected to table- The Human Assisted Reproductive Technology Bill, 2023 that is intended to legalize use of In vitro fertilization (IVF) in Uganda during today’s plenary sitting that is slated to start at 2:00Pm. The details are contained in the 5th March 2024
Read MoreMathias Mpuuga The Uganda Law Society has described as illegal the Shs500M Service Award bonanza Parliament awarded to Mathias Mpuuga (Nyendo-Mukungwe Division) for the services he rendered as Leader of Opposition. In a statement authored by Bernard Oundo, President, Uganda law Society, the lawyers hinged their opinion on Article 85(1) of
Read MoreSomalia is the eighth member of the EAC bloc Somalia has become a full member of the East African Community (EAC) after completing all the steps required to gain complete membership of the regional bloc. The EAC secretariat on Monday shared on X, formerly Twitter, that Somalia had gained full
Read MoreSome of the intercepted smartphones A traveler aboard an inbound flight from Dubai has been nabbed with “fake hips” that were discovered to be smuggling smart phones. The lady discovered that in fact “her hips did lie” when 40 pieces of phones were found strapped to her hips and in
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