Uganda Telecom Ltd (UTL), the oldest telecom firm in Uganda is increasingly getting troubled following the quitting of its top managers. In a February21, 2017 press statement, UTL revealed to the public that a number of its top employees had ceased being part of the company and they were therefore
Read More
Etihad Airways Engineering has signed an agreement with Kenya Airways to perform mandatory checks on its Boeing 787-8 fleet. This is part of an integration programme for the newest additions to the airline's fleet. The first of six scheduled Boeing 787 C-checks begins this month, with the last one planned
Read More
African Gold Refinery (AGR), the first and biggest gold refinery in East and Central Africa has officially opened in Uganda. Uganda’s President Yoweri Museveni launched the Entebbe based refinery on February 20, 2017. In his remarks, Museveni stressed the critical importance of value addition, noting that AGR’s state-of-the-art refinery will
Read More
On Febeuray23, 2017, Bonney Katatumba, a prominent businessman in Uganda and Honorary Consul of Pakistan in Uganda was pronounced dead. Katatumba succumbed to complications arising from Asthma and Pneumonia after he had undergone a colon cancer operation at International Hospital Kampala (IHK). But what will he be remembered for?Katatumba was
Read More
Failure to implement existing laws have played a big role in the slow growth of Uganda’s insurance industry, players say. According to the Uganda Insurers Association (UIA), non- enforcement of the compulsory insurances; Motor Third Party Insurance, Workers Compensation Insurance and Marine Insurance have seen Uganda lag behind her counterparts
Read More
British American Tobacco Uganda (BATU) net profit have reduced by 25% to Shs7.8bn in 2016, down from Shs10.4bn recorded in 2015, thanks to the tough economic situation in 2016. Its profit before tax stood at Shs11.1bn, down from Shs11.9bn in 2015. The profit relate to cigarette business only owing to
Read More
The Uganda shilling remained stable amidst muted demand as most corporates stayed out of the market focusing on mid-month tax obligations during the week ending 17th February 2017. Trading was in the range of 3580/3590. In the Treasury bill auction, yields slightly dropped to trade at 12.546%, 12.910% and 13.850%
Read More
Many potential investors are stuck with their money for they don’t know where to invest it! There are a number of investment opportunities that can make huge returns on investment that are not properly told. Investing in government Treasury Bills is one of the investment opportunities smart investors should consider
Read More
Kagesera (Left) and Kato pose for a photo during their good moments/Courtesy photo The police has issued warnings to parents over rampant acts of sodomy by notorious gangs targeting students in their holidays. The Police 2016 Report sighted an increase in the number of students that are dropping out of
Read More
Using dummy content or fake information in the Web design process can result in products with unrealistic assumptions and potentially serious design flaws. A seemingly elegant design can quickly begin to bloat with unexpected content or break under the weight of actual activity.
Read More
