Mumba Kalifungwa, Absa Bank Uganda’s Managing Director Absa Bank Uganda and the International Finance Corporation (IFC), a member of the World Bank Group, have partnered to train over 300 Ugandan small and medium-sized enterprises (SMEs) to help them assess business risks, adapt their business models and navigate the difficult operating
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The new Ford Ranger Raptor being unveiled in Busiika today The Cooper Motor Corporation (CMC) has today officially unveiled the all-new Ford Ranger Raptor at Busiika Motor Race Track. As one of the most highly anticipated new models for 2020, the all-new Ford Ranger Raptor is now officially available in
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L-R: Richard Yego, ABC (U) Ltd Chief Executive Officer, Richard Byarugaba, NSSF Managing Director and Matthias Katamba, dfcu Bank Managing Director at the launch The National Social Security Fund (NSSF) has partnered with dfcuBank and the Agent Banking Company (ABC) Limited to unveil an agency service that will enable its
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Finance Minister, Matia Kasaija Uganda’s economy expanded by 2.9% in FY 2019/20, which is lower than the earlier estimate of 3.1%, the Performance of the Economy Report September 2020 released by Ministry of Finance has revealed. “Economic growth outturns released by UBOS show that the Ugandan economy expanded by 2.9%
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Ernest Rubondo the ED PAU The oil and gas sector in Uganda has been lauded as a good example for countries to follow, due to Uganda’s efforts in promoting a favourable business environment for investment. The remarks were made on Thursday, 15th October, 2020,by Ingrid Sølvberg, the Director General of
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Uganda’s coffee exports in September 2020 amounted to 506,470 60-kilo bags worth US$44.64m (Shs166.9bn), the Uganda Coffee Development Authority (UCDA) has revealed in its latest report. This comprised 445,465 bags (US$37.25m) of Robusta & 61,009 bags (US$7.39m) of Arabica. This was an increase of 39.82% and 28.78% in quantity and
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Umeme has upgraded the power transformer at Gulu Substation from 2.5MVA to 5MVA. The installed capacity has increased to 7.5MVA with existing demand of 5MVA and upgraded the capacity to 10MW In a bid to improve the reliability and the capacity of electricity supply in Northern Uganda, Umeme in collaboration
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Peace Kabunga, the Executive Director, Housing Finance Bank In a recent webinar organized by the Strathmore Business School, Peace Kabunga, the Executive Director, Housing Finance Bank responded to a number of questions regarding how leaders and managers can better position themselves so as to emerge stronger from the effects of
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Eskom Uganda Managing Director Thozama Gangi (R) cuts a ribbon to commission the renovated Administration block at Njeru Primary School. Looking on is School Board of Governors’ Chairman, Fred Kiwanuka. Eskom Uganda today handed over the renovated administration block to the school management in time for the school reopening to
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Equity Bank Uganda Managing Director, Samuel Kirubi is doing a commendable job Equity, with a balance sheet size worth Kshs. 673.7 billion at the end of 2019, has been listed at number 7 among the top 10 Banks in Africa in 2020 with a score of 5.82 in the overall
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