The Deputy Speaker, Tayebwa, has asked for patience after he and his team survived a helicopter crash, saying the team was given a second chance to live and is processing a lot. “I was involved in an incident, a very unfortunate incident. With four colleagues, my press secretary and ADC,
Read MoreYear: 2024
Left-Right: MTN Uganda Chief Finance Officer, Andrew Bugembe, CEO Sylvia Mulinge and MTN MoMo MD Richard Yego during H1 financial results announcement on August.05, 2024. MTN Uganda has announced a significant 29.7% increase in net profit to Shs 295.7 billion for the half-year ended June 2024, driven by robust growth in
Read MoreStrong Demand Supports Further Improvement In Uganda’s Private Sector During July
Christopher Legilisho, Economist at Stanbic Bank Uganda’s private sector reported a continued growth of new orders running into the fourth month at the end of July marking the start of the third quarter. The upturn was widespread across all five monitored sectors, with firms linking the expansion to new client
Read Moredfcu CEO Charles Mudiwa interacting with customers during engagements in Northern Uganda as part of the bank's 60th Anniversary celebrations dfcu Bank's CEO and leadership team have successfully concluded a series of customer engagement sessions in the Northern region of Uganda in the districts of Lira, Kitgum, Dokolo, Arua, Abim,
Read MoreParliament has extended the sittings to be held during the inaugural regional Parliament by one day, a decision that will mean that instead of the two days that had initially been planned, the sittings will stretch for three days at Boma Grounds in Gulu City. The revelation was made
Read MoreMoved: Dr. Twinemanzi Tumubweinee The Bank of Uganda has moved top officials in a Monday reshuffle. The changes take immediate effect, the Bank's Deputy Governor, Dr. Michael Atingi-Ego, said. Prominent to have been moved is Dr. Twinemanzi Tumubweinee. Dr. Tumubweinee was the Executive Director of Bank Supervision. He replaced Justine
Read MoreProf. Pauline Byakika-Kibwika The search for a new Vice Chancellor at Mbarara University of Science and Technology (MUST) has concluded with the appointment of Prof. Pauline Byakika-Kibwika. The appointment follows a nail-biting process conducted by the Vice Chancellor Search Committee (VCSC), which commenced in January 2024. A distinguished academic with
Read MoreThe UNBS decentralisation agenda is aimed at reducing the cost of doing business for Micro, Small and Medium Enterprises (MSMEs) The Minister of State for Trade, General Wilson Mbadi, has reaffirmed support to strengthening the decentralisation of Uganda National Bureau of Standards (UNBS) services aimed at reducing the cost of doing
Read MoreBishop Rt Rev Lawrence Mukasa receiving gifts from Minister Kyofatogabye Kabuye and his wife after presiding over a mass at Uganda Martyrs Catholic Parish Kiwoko The Bishop of Kasana Luwero Diocese, Right Reverend Lawrence Mukasa, has urged Christians and parishes to embrace coffee farming to boost incomes. On Sunday, Bishop
Read MoreUgandan Investors Run To Tanzania As Tough Business Environment Bites Hard
Dr. Fred Muhumuza Local investors in Uganda are running to Tanzania as a result of the tough operating environment, Business Focus has learnt. This is attributed to among others, a drop in private sector lending. Data shows that lending to the agricultural sector, manufacturing, trade, transport and communication, business services and
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