Edward Akol (Left), the Auditor General handing over the report to deputy speaker Thomas Tayebwa The Auditor General has revealed the most profitable and loss-making public corporations and state enterprises. According to the Annual Report of the Auditor General for the Year Ended 31st December 2024 presented to Parliament recently,
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Julius Mucunguzi, the Head of Public Relations at the EC The Electoral Commission (EC) has today commenced the exercise for the General Update of the National Voters Register, in preparation for the 2025-2026 General Elections. The update exercise will be conducted from 20th January until 10th February 2025, at update
Read MoreStanChart’s Move To Exit Retail Banking: Is Uganda’s Banking Sector Too Small To Accommodate 25 Banks?
Sanjay Rughani, the Managing Director at Standard Chartered Bank Uganda Standard Chartered PLC, the parent company of Standard Chartered (StanChart) Bank Uganda announced a set of actions to concentrate resources where they “have the most distinctive client proposition, in order to better support our clients." Under this arrangement, the bank intends to
Read MoreANALYSIS: Poor Financial Performance & Scandals Defined Kituuka’s Reign At Equity Bank Uganda
Anthony Kituuka, who resigned as Equity Bank Uganda Managing Director Equity Bank Uganda Limited announced the resignation of its Managing Director, Anthony Kituuka. However, to those well versed with Uganda’s financial sector, the resignation may not come as a shocker. Kituuka was appointed as Equity Bank Uganda Managing Director in
Read MoreUganda Airlines Acquires A320-200 On Lease To Enhance Operational Efficiency Ahead Of The Festive Season
The leased A320 - 200 mid-range aircraft at Entebbe Airport Uganda Airlines has signed a short-term lease agreement with DAT, a Lithuanian Airline based in Karmelava, Lithuania, to enhance its operational efficiency for its winter schedule. The A320 - 200 mid-range aircraft, 9.3 years old and acquired on a wet
Read MoreUganda Earns Shs513bn From October Coffee Exports As Dry Conditions In Brazil & Vietnam Continue To Impact Global Prices
Coffee remains Uganda’s leading cash crop and a top foreign exchange earner Uganda’s coffee exports in October 2024, amounted to 496,820 60-kilo bags, worth US$ 139.05 million (Shs512.9bn), Uganda Coffee Development Authority (UCDA) has revealed in its monthly report for October 2024. This comprised of 457,853 bags of Robusta valued
Read MoreAccess to the internet in Uganda has grown significantly, from the days when it was a preserve of the elite to the current status where any consumer can access it across Uganda. The cost of mobile data has also been reducing over the years. According to Uganda Communications Commission's Annual
Read MoreUCDA Operating Normally & Its Merger With MAAIF Won’t Disrupt Coffee Sub-Sector- Tumwebaze
Frank Tumwebaze, the Minister for Agriculture, addressing journalists at Uganda Media Centre/UMC photo Uganda Coffee Development Authority (UCDA) is continuing its operations such as inspections, enforcement, farmer registration, export certification, and sensitization despite its impending merger with the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF). Frank Tumwebaze, the Minister for Agriculture made
Read MorePM Robinah Nabbanja flagging off Ugandan participants to attend the 2024 Huawei Leadership, Employability, Advancement Possibility (LEAP) digital talent training in Shenzhen China. The Prime Minister Rt. Hon. Robinah Nabbanja has flagged off the Ugandan participants to attend the 2024 Huawei Leadership, Employability, Advancement Possibility (LEAP) digital talent training in
Read MoreUCAA officials and partners at the launch of safety week Uganda Civil Aviation Authority, in conjunction with stakeholders operating at Entebbe International Airport, has launched Safety Week activities running from November 11-15, 2024. Speaking at the opening of the week-long event, the Authority’s Director General, Fred K. Bamwesigye, said the
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