Dangote Cement, Africa’s largest cement producer, has announced its unaudited results for the six months ended 30th June 2017, posting a 12.6 percent increase in sales volume across Africa. In the financials released on the floor of the Nigerian Stock Exchange indicated that the increase in sales volume showed a
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How University Student Turns Plastic Bottles Into Precious Furniture
Empty plastic bottles (waste) remains a challenge in keeping Kampala and other towns across the country clean. However, Christine Ddamba, 23, a first year student at St. Lawrence University (SLAU) is turning this waste into precious furniture; she makes different types of furniture from empty plastic bottles and paper rolls.
Read MoreTelecommunications giants, MTN Uganda on Friday announced a three year landmark sponsorship deal towards KCCA Football Club activities. Announcing this sponsorship, MTN Uganda Chief Executive Officer, Wim Vanhelleputte remarked, “Today we launch a partnership between two winning teams. MTN Uganda is therefore proud to sponsor KCCA FC sporting activities to
Read MoreThe Public Relations Association of Uganda (PRAU) on Thursday morning unveiled the 2017 PRAU Excellence Awards with a call for entry to individuals, organisations and agencies that wish to participate in the prestigious awards, the 7th edition of its kind since they were formed. The PRAU Excellence Awards celebrate the
Read MoreThe Bank of Uganda (BoU) has cautioned the public against investing in Ponzi schemes. A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. BoU explains that money invested by clients is not invested in any legitimate business but used to pay
Read MoreUgandan Team Named Among ’21 Next Generation African Leaders’ Challenge Winners
Ten teams of 21 budding African social entrepreneurs were on Wednesday selected as winners of the Resolution Social Venture Challenge at the Baobab Summit in Johannesburg. Winning teams earn a fellowship that includes seed funding, mentorship and access to a network of young global change makers to pursue impactful projects
Read MoreThe sixth edition of the coveted Innovation Prize for Africa (IPA) culminate on Monday with a bang as the African Innovation Foundation (AIF) awarded three more African innovators for their incredible innovations. The awards ceremony took place in Accra, Ghana. Out of the total of over 2500 applications, 10 nominees
Read MoreCentenary Bank and MasterCard on Wednesday announced that their multipronged approach to digitising Uganda’s economy in support of the National Financial Inclusion Strategy. Following the recent signing of a strategic partnership agreement focused on boosting financial inclusion in the East African market, the two partners on Wednesday further strengthened their
Read MoreScores of complainants and suspects are stranded in courts across the country as State Prosecutors laid down their tools over low pay and poor working conditions. Currently the lowest ranking State Prosecutor earns a gross salary of 645,000 Shillings while those at the rank of Senior Principal State Attorney earn
Read MoreUganda Communications Commission (UCC), the regulator of Uganda’s telecoms sector has asked MTN Uganda to explain its recent changes in pricing. This is after a number of MTN subscribers petitioned the regulator over what they termed as unclear and exorbitant changes. In a letter dated Jul7, 2017, UCC Executive Director,
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