Equity Bank Officials Appearing before the Court Dock. The Anti Corruption Court in Kampala has remanded five employees of Equity Bank on charges of conspiring to defraud the bank of 62 billion shillings. They are Julius Musiimenta, the Head Agency Banking, Erina Nabisubi, the Relationship Manager Telecoms, Fred Semwogerere, a Banker, Crescent
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Sgt Phiona Asiimwe A number of Ugandans have different experiences when it comes to loan servicing. Some experiences are positive while others are purely negative. For Sgt Phiona Asiimwe, it is a positive one, having benefited from the Police Exodus SACCO. "I have been a member of Police Exodus SACCO since my
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The Secretary to Treasury, Ramathan Ggoobi (pictured) has blamed policy makers for the unrealistic nature of the national budget, saying that whenever planners come up with a budget, some of the items are altered thus affecting the performance of the budget at the end of the financial year. “We have
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The Non-Aligned Movement (NAM) and the Group of 77 (G-77)+China Summits held in Kampala in January attracted 3, 500 guests in total and these consumed 56, 000 eggs in eight days, Business Focus exclusively reports. Each of the guests had breakfast with two eggs per day at the Speke Resort in Munyonyo. This implies a
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Uganda Breweries Limited (UBL) has appointed Patricia Kadama Anguzu (pictured) as the Human Resources Director, with effect from 15th March 2024. She joins UBL from the fintech space, having most recently served as a Senior Human Capital Advisor at Tugende Limited. There, she spearheaded the Human Capital department, driving the organization's mission and
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David Musingo (R) UWEC’s Acting Executive Director defending their Ministerial Policy Statement and Budget Estimates for the Financial Year 2024/2025. Photo by Dominic Ochola Legislators on the sectoral Committee of Tourism, Trade, and Industry were shocked Tuesday upon learning that Uganda Wildlife Conservation Education Centre – UWEC procured private consultancy
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Local chicken at MUZARDI/ MUZARDI photo The introduction of a new enhanced indigenous breed of chicken from Mukono Zonal Agricultural Research and Development Institute (MUZARDI) is poised to revolutionize and elevate the poultry farming sector in Uganda. This innovative breed, developed through meticulous crossbreeding efforts, promises to enhance yields and ensure the long-term
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Major General (retired) Jim Muhwezi (L) presided over the workshop. The Uganda Investment Authority and the Bank of Uganda (central bank) on March 15 took their awareness workshop on affordable financing for small businesses and commercial farmers to the southwestern district of Rukungiri. The workshop focused on the central bank’s
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Albert Yiga (R), Stanbic Bank head of Education Sector and Diana Ondoga, head of Corporate Social Investment welcoming Minister Joyce Moriku Kaducu at Muni NTC in Arua Stanbic Bank Uganda has announced the official commencement of the 9th edition of the esteemed National Schools Championship (NSC). This call for application
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Industry captains in a group photo with I&M Bank Regional CEO Kihara Maina. On Friday March 15th, I&M Bank Uganda hosted select industry captains to an exclusive round of golf with the organization’s Regional CEO- Kihara Maina. Dubbed ‘Tee-time with the I&M Bank CEO,’ the round hosted at the scenic
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