Uganda's President Yoweri Kaguta Museveni has said that once revived, the Uganda Airlines will succeed mainly because of the direct travel opportunities that it will offer its Ugandans in the diaspora, business community, tourists and the vast domestic travel opportunities. The President was on Saturday speaking during a meeting with Monsieur
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The Bank of Uganda (BoU), the regulator of Uganda’s financial sector has spoken out for the first time on the ongoing public debate about the recent burial of socialite Ivan Ssemwanga where lots of money (Uganda Shilling notes) where thrown into his grave. The public has come out to demand
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On June8, 2017 (next Thursday), Matia Kasaija, the Minister of Finance, Planning and Economic Development will take to the podium at the Kampala, Serena Conference Centre to present to the nation the 2017/2018 National Budget. This important event will be preceded by state of the nation address that will be
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China on Thursday rejected allegations that two of its diplomats working in Uganda were involved in the trafficking of ivory from the African country. The Chinese embassy officials are suspected of helping move ivory from the Democratic Republic of Congo, the Central African Republic and South Sudan, using Uganda as
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Professor Lawrence Mukibi, the proprietor of the famous St. Lawrence Schools passed away on Sunday. However, since his death, a section of Ugandans have been discussing the ownership of his mega education empire, with some doubting whether the fallen professor was the rightful owner. “One of his close family members
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Chinese Communications Construction Company (CCCC) recently launched a mega scholarship program for the less privileged kids in Bunyoro subregion. As part of their corporate social responsibility, the company, through their Mubende Kakumiro Kagadi (MKK) project, launched the scheme in Kibale district early this week. CCCC is a leading comprehensive infrastructure
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Lamwkaers in Uganda are divided over an apology issued by the country's Inspector General Of Police (IGP) General Kale Kayihura with regard to accusations of torture levelled against the force. Reports by local news agencies indicate that some legislators are describing the apology as an admission of guilt while others say it
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Uganda's legislature has approved a supplementary loan request of 34 billion Shillings to finance the inter-connection of electric grids of the Nile Equatorial Lakes Countries Project (NELSAP). Local news agency, URN reportst that the approved loan is a top up to the USD 12.4 million loan secured on May 13,
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Manchester United is the most valuable football club in Europe, being worth about 3bn euros (£2.6bn), according to business services group KPMG. The Europa League winners top KPMG's analysis of top sides' "enterprise value", putting it ahead of Spanish giants Real Madrid and Barcelona. The study analysed broadcasting rights, profitability,
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By peter Abaanabasazi Experts have attributed the continued collapse of Small and Medium Enterprises (SMEs) to lack of business management skills among entrepreneurs. This was revealed by experts from KCB Uganda in partnership with Uganda Small Scale Industry Association (USSIA) during a two-day training workshop held at Glory Summit Hotel
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