The International Monetary Fund recently stated that the oil reserves in Uganda may account for around four percent of the country’s economy annually in the next few years if managed well. These sentiments were echoed by speakers and delegates attending the Uganda International Oil & Gas Summit in Kampala Uganda.
Read More
Stanbic Bank Uganda had an outstanding night at the 2017 Digital Impact Awards winning two major accolades. The bank was recognized as the best Mobile banking service provider for its extraordinary mobile banking platform and as the best promoter of financial literacy for the 2017 Stanbic Bank National Schools Championships.
Read More
Kenya Airways will from next month discontinue flights to Hong Kong and Hanoi route. The discontinuation is part of a plan in which the airline is seeking greater efficiency on its network, reports Business Daily. The route changes were first announced last week by the airline’s chief executive Mr Sebastian
Read More
The United State of America ambassador in Uganda Deborah Malac, says about 50 percent of seeds sold on Uganda market are counterfeit, which results into loss of income to farmers. Malac attributes the increase in fake seeds to inefficient market place that rewards bad behavior and corruption. Malac made the
Read More
Amnesty International has called on the Uganda government to stop threatening media outlets over their live coverage of events related to proposed removal of the presidential age limits. This comes after Uganda Communications Commission (UCC) today issued a directive warning of dire consequences for broadcast stations, both radio and television,
Read More
The Parliament of Uganda has defended Speaker Rebecca Kadaga, noting that she didn't act outside the Rules of Procedure. The revelation was made by Parliament Spokesman, Chris Obore, who also defended Police intervention though he denied the plain clothed people believed to be from SFC that entered Parliament yesterday and
Read More
Day one of the Tusker Malt Uganda Open Pros Championship has put Deo Akope, a former two-time in command of proceedings alongside Kenya’s Dismas Indiza. Both players returned a score of 69 at the 72-par Kitante Golf Course. Although there had been some rainfall earlier in the day, the players
Read More
Fighting broke out in Uganda's parliament for a second day between lawmakers pushing for a change in laws to remove age limits for presidential candidates and those opposing it, a Reuters witness said. The Reuters journalist who was present in parliament said he saw microphone stands being used as weapons,
Read More
Buganda's K2 Telecom has gone off air leaving at least 150,000 subscribers stranded. K2 telecom, which uses the 073 code, has been off since Monday this week. The company offers voice calls, sms and internet data services. Livingstone Kitata, the K2 Telecom Public Relations Officer, says they went off due
Read More
The Inspector General of Government (IGG), Irene Mulyagonja has opened a war on Prof. Anthony Mbonye, the top official at Ministry of Health. Mbonye is also the husband to President Museveni's cash comptroller Lucy Nakyobe, who controls all the billions sent to State House by ministry of finance (approved by
Read More
