Stanbic Holdings Uganda Limited (SHUL) Senior Management Officers pose for a photo during Financial results release event at Serena Hotel in Kampala. Shareholders of Stanbic Uganda Holdings are set to receive up to 280 billion shillings in total dividends payout for the year ending December 2023. This is a record-high
Read More
Ranchers Finest staff preparing meat for processing A number of districts across Uganda have been put under quarantine for several months following the outbreak of Foot and Mouth Disease (FMD) in those areas. This means that animal products from the affected areas are not safe for consumption. However, some companies
Read More
Housing Finance Bank Senior Management and staff with stakeholders from the vehicle and asset financing sector during the Forum Uganda’s economic growth is projected to perform at ranges of 5.5%-6.5% in the short-to-medium term premised on the projected activity in agriculture, the extractives sector, and infrastructure development, according to the recently released
Read More
There’s need for improved water security in Africa/ Courtesy photo By Tshidi Ramogase Africa’s vulnerability to climate change was once again demonstrated in late 2023, when torrential rains swept across much of East Africa, bringing devastating floods just six months after a record-breaking five-season drought in the region. Vast areas
Read More
Martin Tiffen, the Managing Director, EACOP Company leads a tour of the coating plant facility Uganda and Tanzania have registered yet another key milestone following the commissioning of the East African Crude Oil Pipeline (EACOP) Coating plant, nestled at Sojo , Nzege – Tabora Region in Tanzania. Ruth Nankabirwa, the Minister
Read More
The government programs continue to be impacted by financial pressures this year, amidst dwindling low-cost financial sources and plans to reduce commercial borrowing. This is a spillover from the large (5.5 percent of GDP) fiscal deficit in 2022/2023 was larger than planned, due to a supplementary budget approved late in
Read More
Col. Freddy Joseph Onata, the Chief Executive Officer of the UPDF's Savings and Credit Cooperative -Wazalendo, has expressed confidence to achieve their target of being a One trillion asset institution by next year. He said said the SACCO boasts a membership of over 100,000, share capital of 240bn, savings of
Read More
Prof Samwiri Lwanga Lunyiigo Kabaka Ronald Muwenda Mutebi II has extended appreciation to author and historian, Professor Samwiri Lwanga-Lunyiigo, for his book that redefines the legacy of Kabaka Mwanga II. In a letter addressed to Lunyiigo on the occasion of his 80th birthday, Kabaka Mutebi commended him for employing exemplary
Read More
Tony Elumelu Budding Ugandan entrepreneurs have won seed funding from the Tony Elumelu Foundation (TEF), Business Focus reports. The 2024 winners are in the areas of fashion, manufacturing, and creation, among others, and will benefit from non-refundable US$ 5, 000 each as seed capital, business management training, and mentorship. TEF has
Read More
The Uganda National Examinations Board (UNEB) has released sample papers for the Uganda Certificate of Education -UCE end-of-cycle competency-based Assessment under the new lower secondary school curriculum. Students and teachers have eagerly awaited details about the examination structure, including the number of papers per subject and section. Now, Jennifer Kalule
Read More
