Stanbic Bank Uganda this week hosted its Muslim customers who are observing the holy month to a dinner to break their Ramadan fast at Hotel Africana. The annual observance is one of the five pillars of Islam. Speaking at the dinner Moses Mbubi, Stanbic Bank’s Head of Human Capital said,
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The African Innovation Foundation (AIF) (on Thursday announced the top 10 nominees who will be contending for the 2017 Innovation Prize for Africa (IPA), to be awarded in Accra, Ghana on 18th July 2017. Innovators from nine African countries including Uganda, Kenya, Democratic Republic of Congo, Egypt, Liberia, Morocco, Nigeria,
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Dubai-based flydubai on Thursday announced the start of flights to Kilimanjaro from 29 October. The re-launched service to the carrier’s third point in Tanzania, along with Dar es Salaam and Zanzibar, will see flydubai’s network in Africa expand to 12 destinations. flydubai began operations to Tanzania in 2014 and has
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President Yoweri Museveni is investigating reasons why Uganda Revenue Authority (URA) took more than three years sitting on the whistle blower information showing tax evasion at Kampala Nissan which is also called East African Motors Ltd, Business Focus reveals. State House economic desk sources show that through one of his
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By Godfrey Kenneth Gobba Since time immemorial we have been conditioned to believe that saving is a safe, responsible and intelligent way to manage our money. We have been duped into believing that developing a savings culture is the best way to financial freedom. But what if saving money is
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The US Federal Reserve has said it would raise its key interest rate by 0.25%, the second rise this year. The central bank voted to raise its key rate target to a range of 1% to 1.25%. That's the highest level since 2008, when policymakers cut rates to encourage borrowing
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Latest information indicates that there's panic at Ministry of Finance, Planning and Economic Development since President Yoweri Museveni has just got info that a top official in that ministry tried to extort money from Italian investor Enrica Panetta behind the Shs900bn (or USD250M) hospital in Lubowa near Quality Supermarket. Reliable
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Ugandans who have been using emergency pregnancy control pills have a reason to worry after it has been discovered that some of them are fake and may not serve the intended purpose. National Drug Authority (NDA) has confirmed that the counterfeit Postinor2® is already circulating on the Ugandan market. Postinor2®
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Ugandan Members of Parliament (MPs) recently clashed the Executive over payment of health workers, with the two arms of government bitterly disagreeing on 2017/18 budget allocations. The Health Ministry had submitted a proposal requesting for Shs46.86bn in 2017/17 budget for wage requirement for the authorized recruitment of staff for health
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Tanzanian President John Magufuli has directed the confiscation of all undeveloped farms in the country and ordered that they be reallocated to other citizens. The President made the directive during a meeting with Regional Commissioners (RCs), at State House in Dar es Salaam on Tuesday. President Magufuli said it isn’t
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