Ronald Muyanja, the Trading, Global Markets Head at Stanbic Bank Uganda Business sentiment in Uganda’s private sector remained positive but slow in September on account of new orders and higher output, according to the monthly Stanbic Bank Purchasing Managers Index (PMI). The headline PMI registered 52.5 in September compared to
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Artistic impression of Hoima International Airport Construction of the Hoima-based Kabaale (Hoima) International Airport will be completed 16 months from now. The contractors SBC and Uganda Refinery Holding Company Uganda National Oil Company say slightly above 30 per cent of the work is yet to be done. The Uganda Refinery Holding Company
Read MoreJosephine N. Mukumbya (pictured) has been appointed as the executive director of Agribusiness Development Centre (ADC), an entity which was founded by Rabobank Foundation and dfcu Limted to specialise in capacity development of farmer based organizations through training, business mentorship and coaching, offering them the prospect of a sustainable future. Josephine joins an
Read MoreDubai Expo: Uganda Signs Investment Deals Worth Shs3.2 Trillion In 4 Days
Officials from Uganda pose for a photo with investors Uganda has so far signed investment deals worth $900million (Shs3.2 trillion) at the ongoing at Dubai Expo. The expo started about five days ago. The revelation has been made by Morrison Rwakakamba, the UIA chairman in interviews with various media houses. The commitments included
Read MoreHerbert Olowo, the Head of Operations and Information Technology at Absa Bank Uganda Absa Bank Uganda has announced the appointment of Herbert Olowo as Head of Operations and Information Technology (IT). His experience spans a 21-year career in Information Technology. Prior to joining Absa, Herbert was the Chief Information Officer in Stanbic Bank
Read MorePresident Yoweri Museveni (wearing hat) with leaders of Ugandans living in UAE President Yoweri Museveni has revealed that he met and held discussions with Ugandans living in UAE (United Arab Emirates) through their respective leaders from the Association of Ugandans living in the United Arab Emirates (AUU). “We talked about issues like;
Read MoreThe Managing Director of National Water and Sewerage Corporation (NWSC), Eng. Silver Mugisha (pictured) has revealed that the Corporation loses about Shs5bn in water thefts monthly, translating to Shs60bn annually in revenue as a result of illegal connections. He made the revelation today at the NWSC Head Office in Kampala while unveiling
Read MoreUhuru Kenyatta The family of Kenya's President Uhuru Kenyatta secretly owned a network of offshore companies for decades, according to a huge leak of financial papers. The Pandora Papers - 12 million files - is the biggest such leak in history. Mr Kenyatta and six members of his family have
Read MoreStephen Latek, Gulu District RDC, Gulu City Mayor, Umeme MD Selestino Babungi, Gulu City Resident City Commissioner Mr Denis Odwong plant a tree in Gulu along Ring Road In a bid to support the green agenda, Umeme in partnership with Gulu City have launched a tree planting drive aimed at
Read MoreAbel Kagumire, the Commissioner Customs at URA The Uganda Revenue Authority (URA) has set a deadline for traders to remove goods in the Customs warehouse. In a notice issued on Monday October4, 2021, traders are expected to pay all the requisite taxes, fees, penalties, fines and charges that will have accrued
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