By Aloysious Kasoma Tourism sector, Uganda’s top foreign exchange earner has potential to economically transform but it is being held back by limited creativity, investment and connection, a top industry player has said. Tourism contributed nearly US$7.3bn to Gross Domestic Product (GDP) in the financial year 2015/2016. This translates into
Read MoreTaddewo William Senyonyi
President Yoweri Museveni has praised management of Speke Resort Hotel Munyonyo for addressing the air conditioning challenge at the facility that hosted the just concluded East African heads of state Summit, Chimplyf reports. The president had earlier blasted his protocol officers for “working hard to inconvenience our guests” by
Read MoreThe future of regional retailer Uchumi Supermarkets hangs in balance, with efforts to get an investor to save it delaying to yield results. Uchumi quit Uganda in 2015 after accumulated unprecedented levels of debts. The latest from Kenya is that Uchumi Supermarkets will on Sunday close its prime Sarit Centre
Read MorePresident Museveni has vowed to ensure that power producers in the country don't charges high electricity costs for manufacturing. He says the cost of electricity in Uganda must not go beyond 8 American cents. Museveni said that the manufacturers must get electricity at 5 American cents. Museveni told the Joint
Read MoreThe Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has ordered a forensic audit into the supply of seed made by nine companies contracted by the National Agricultural Advisory Services (NAADS). The Committee Chairman and Bugweri County MP, Abdu Katuntu issued the directive following an interface with officials from
Read MoreUganda National Examination Board-UNEB generates unspecified amount of money through the sell of national examination results to parents and media houses. The quickest way to access the examination results is by use of Short Message Service-SMS Platforms, a paid for service across different mobile telecom platforms. Members of the public
Read MorePresident Salva Kiir should relinquish power to somebody who is anti-social, very selfish and is near him, said a top religious leader in the country in an open letter released this week. Reverand Canon Clement Janda said nothing would change if President Kiir continues to remain in power “As we
Read MoreThe President of the African Development Bank (AfDB), Dr. Akinwumi Adesina has made a strong case for increased American and global investments to help unlock Africa’s agriculture potential. He made the remarks as the Distinguished Guest Speaker, at the USDA’s 94th Agriculture Outlook Forum in Virginia on Thursday, on the
Read MoreProline is among the established teams in danger of facing relegation this season after a poor start to the second round. They sit one place above the red zone but level on points with UPDF, who are in the 14th place of the 16-team log. The Lugogo-based side owned by
Read MoreOperation ‘clean’ banking sector has left Justine Bagyenda, the former Executive Director-Supervision at Bank of Uganda (BoU) more troubled. It seems government doesn’t want to see her play any role in Uganda’s banking sector going forward. As she was coming to terms how her 36-year stint at BoU unceremoniously came
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