Andrew Mashanda, the CEO for Stanbic Uganda Holdings Limited interacts with Spencer Sabiiti, the CE for Stanbic Properties during the press conference in Kampala A new real estate sector report compiled by Stanbic Properties Uganda Limited, a subsidiary of Stanbic UgandaHoldings Limited, as at the end of December last year,
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Mark Odeke. Below is Sebowa With all efforts of blackmailing the new management of Uganda Airlines to retain multi-million advertising deal hitting a dead end, city pastor Mark Arnold Odeke has colluded with suspended Human Resource manager Joseph Sebowa in a full scale fight. Odeke runs an advertising agency Abbavater's
Read MoreParliament's Committee on Commissions, Statutory Authorities, and State Enterprises - COSASE has tasked the Ministry of Finance to expedite payment of 69.5 Billion Shillings it owes to the Uganda Railways Corporation. In 2013, the Government resolved to sell some of the URC’s properties identified as non-core assets to the provision
Read MoreThe Supreme Court has this morning ruled that Crane Bank ownership reverts to businessman Sudhir Ruparelia, in a judgement that puts an end to a five-year legal battle preceded by the closure of the Bank The judgement was made this morning as the court dismissed an appeal filed by the
Read MoreVanusia Nogueira Member countries of the International Coffee Organization, the main intergovernmental body dealing with global coffee issues, on Thursday elected Brazilian farmer Vanusia Nogueira as the new executive director, the first woman to lead the organization. The change at the ICO happens as pressure is building in the global
Read More93 Percent Of Bank Account Holders In Uganda Have Less Than One Million Shillings
More than 90 percent of Ugandans who hold a bank account do not keep more than 1 million shillings at any one time on their accounts, an indication of the low saving levels in the country. There are an estimated 14 million bank accounts in the country. Of these, only
Read MoreMotorists queue up at the Kajjansi toll plaza as tolling exercise commenced The government collected shillings 2.5 billion in the first month of tolling Kampala-Entebbe expressway, says the Uganda National Roads Authority - UNRA. The tolling exercise commenced on January 8, 2022. Allan Ssempebwa, a communications officer at UNRA, says
Read MoreTracy Bolton, Chief Operating Officer at SAP Africa As our fragile planet experiences unprecedented man-made changes to its climate, organisations are being challenged to move onto a more sustainable path in 2022. A 2021 report by the IPCC called a 'code red for humanity' in light of the sweeping changes to
Read MoreFormer Minister, Dr. Elioda Tumwesigye The former Minister of Science, Technology, and Innovation, Dr. Elioda Tumwesigye has faulted scientists for providing inadequate information to President Yoweri Museveni regarding the development of a Covid-19 vaccine. Dr. Tumwesigye says that the inadequate information given to the President has caused anxiety among
Read MoreGov’t Gives ‘Lubowa Hospital’ Investor More Land In Namanve To Set Up Coffee Processing Plant
Minister Kasaija (2nd L) with investor Enrica Pinetti (left) after signing the agreement. Looking on (2nd Right) is Ramathan Ggoobi, PS, Ministry of Finance Government of Uganda through the Ministry of Finance has given the proprietor of Lubowa International Hospital more land in Namanve Industrial Park to establish a coffee processing plant. This
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