A globally acclaimed Investment Economist has expressed optimism that regional economies including Uganda will make a quick recovery following a period of economic downturn mainly occasioned by cautious election period and re-emergence of regional conflicts in hot spots such as Southern Sudan. Sanlam Group Investment Economist, Arthur Kamp in an
Read MoreBusinessFocus Reporter
Uganda’s State House has said that it only pays school fees to students, but doesn’t offer scholarships. This revelation was made by the State House Comptroller, Lucy Nakyobe while appearing before the Parliament’s Committee of Equal Opportunities on Tuesday to answer questions related to State House scholarships. The meeting between
Read MoreAfrican Development Bank president Akinwumi Adesina has won the prestigious World Food Prize for his work to boost yields and farm incomes. Dr Adesina said providing millions of farmers with seeds and fertilisers was vital to boost development. He added that 98% of the world's 800 million undernourished people live
Read MoreTanzania has banned the export of food grain following concerns over an increase in food smuggling to neighbouring countries. At the weekend, the authorities seized 10 tracks of food products reportedly heading to Kenya at Tarekea in North Tanzania. Speaking at a national Eidd al-Fitr ceremony in northern Tanzania's Kilimanjaro
Read MoreA Uganda Peoples Defence Focces (UPDF) officer at the rank of Lt Colonel has been arrested over a botched arms deal in the western district of Ntoroko that left to people dead. According to a press statement issued by Brig Richard Karemire, the Uganda army spokesperson, Lt Colonel, Richard Muhangi,
Read MoreKampala Metropolitan Police Commander, Frank Mwesigwa has said Kyadondo East parliamentary hopeful, Robert Kyagulanyi aka Bobi Wine risked being disqualified from the race. Mwesigwa revealed this moments after Bobi had been released from police custody and new venue for his rally agreed on. "We have agreed on a new venue
Read MoreEquity Bank Uganda has unveiled the EazzyClub App, a web based solution the bank has put in place for Investment Clubs and other Savings and credit Cooperative Societies (SACCO). The App manages SACCO and investment group contributions and activities instantly and transparently, saving both time and money. [caption id="attachment_2121" align="alignnone"
Read MoreBy Peter Abaanabasazi Cultural leaders from Bunyoro Kitara Kingdom, Alur Kingdom and Ker Kwaro Acholi have demanded government to share information regarding the oil and gas sector. Cultural leaders, who recently launched of policy guideline aimed at protecting cultural rights of communities in the oil-rich Albertine Graben, accuse government of
Read MoreAfrica features significantly in the latest Global Threat Impact Index released for May 2017 by Check Point® Software Technologies Ltd. Out of the top ten countries, five are African. Zambia has the highest risk profile, with Nigeria in second position. Uganda, Malawi and South African are ranked 7th, 8th and
Read MoreJapanese car parts maker Takata has filed for bankruptcy protection in the US and Japan. It is facing billions of dollars in liabilities over its defective airbags, which have been linked to at least 17 deaths worldwide. Some of the airbags contained faulty inflators which expanded with too much force,
Read More