Auditor General, John Muwanga has admitted to being clueless about the shares Government has in Uganda Telecom Ltd (UTL). Muwanga’s admission is contained in his December 2021 Auditor General Report that was tabled before Parliament recently in which he highlighted that he isn’t in position to establish the exact stake Ugandans hold
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Ruth Asasira (pictured) has been appointed as Manager Women in Business and Special Programs at dfcu Bank. Ruth has 12 years of experience in the financial services sector, and is a dynamic microfinance practitioner, certified financial literacy trainer, with experience in product and business development. She is passionate about Youth and Women
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Wim Vanhelleputte, Chief Executive Officer at MTN Uganda MTN Uganda has blamed the poor network coverage on the refusal by Ugandans to give up their land for the installation of masts and the stringent process to acquire authorization from Government to install them. The complaint was made by Wim Vanhelleputte, Chief Executive
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President Yoweri Museveni has said no one should build or buy land in the road reserves or wetlands. “You will lose your money and we shall NOT compensate anyone. Your titles will be canceled. Tampering with wetlands is not a good practice for our environment. Even those planting rice in
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A flier advertising Bridge waters Security authorities in Kabale district have launched investigations into the circumstances under which hundreds of residents were fleeced by an online cryptocurrency company-Bridge Water Stocks. The online company that abruptly shut down started attracting locals mid last year. At the time, a number of business
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Speaker of Parliament Jacob Oulanyah. Uganda Airlines charged and received 500,000 US Dollars (about Shs1.75bn)to fly the Parliament Speaker Jacob Oulanyah one way to Seattle, United States of America for treatment. The Airlines Acting CEO Jeniffer Bamuturaki says that the Airbus A330-800 was chartered by a client whom she would
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Equity Bank Kenya Board Chairman Prof. Isaac Macharia and Equity Group Managing Director and CEO Dr James Mwangi take a selfie with the new Equity identity at the Group headquarters in Upperhill Nairobi Kenya. Kenya’s Equity Group and KCB have been named among the world’s top 500 lenders by brand value, helped
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Ronald Kasasa, dfcu Head of Business Banking dfcu Bank has been at the forefront of transforming businesses in Uganda by providing affordable and flexible financing solutions. The Small Business Recovery Fund supports small businesses that have been affected by the Covid- 19 pandemic. We spoke to Ronald Kasasa, dfcu Head of
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Museveni commissioning the Kinyara Sugar Limited Industrial Sugar Refinery Plant on Saturday/ Courtesy Photo President Yoweri Kaguta Museveni has commissioned a US$15million (UShs52.4bn) Kinyara Industrial White Sugar Refinery plant in Masindi District. The refinery which was commissioned yesterday, is the first in East Africa constructed by Kinyara Sugar Ltd in
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President Yoweri Kaguta Museveni has lifted the curfew restrictions imposed on the boda boda sector. The order has been issued starting February 7th at 6:00 PM. In his address on December 31, 2021 President Museveni reopened the economy from the two-year lockdown but boda bodas remained operating between 5
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