Uganda Revenue Authority (URA)’s Commissioner for Customs Dicksons Kateshumbwa (in featured photo) has today been elected as the Chairperson of the World Customs Organization (WCO) Council after defeating his Russian counterpart Ruslan Davydov during the annual WCO Council session that ended today at the WCO headquarters in Brussels, Belgium. Kateshumbwa
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Shocking Details Of ‘Deep Rooted’ Job Fights Threatening To Crash BoU
The 7th February 2018 decision by the Bank of Uganda (BoU) Governor, Prof. Emmanuel Tumusiime-Mutebile to reshuffle staff has opened a Pandora's Box, exposing rot at Uganda's Central Bank. In a 7th February 2018 internal memo, Mutebile communicated a number of internal staff transfers, promotions and appointments from outside the
Read MoreEXCLUSIVE: Report Confirms BoU Cliques, Reveals How Top Boss Was Recruited With A Pass Degree
A new report has revealed the shocking rot at the Bank of Uganda, the country’s Central Bank. The Report of the Presidential Tripartite Committee Investigating the Bank of Uganda that was instituted by President Yoweri Museveni shows that the Central Bank has a lot of governance issues. Museveni instituted the
Read MoreA section of MPs have questioned Government’s determination to develop the sports sector in the country. They argue that funds for international tournaments always come at last resort after the intervention of Parliament. “We have just passed budget for next financial year; what the Ministry of Education calls sports, the
Read MorePreparations are underway for the forthcoming Uganda -Tanzania Business Forum scheduled to take place from 4th - 5th September 2019 at the Julius Nyerere International Convention Centre, in Dar es Salam - Tanzania The Business Forum will take place under the theme “Promoting bilateral trade and investment for growth and
Read MoreGilbert Ngabo, a businessman in Katwe is in trouble for allegedly selling spare parts of stolen motorcycles. Ngabo was picked up on Tuesday evening together with five others in an operation led by Ivan Kareiga, the Commander of Katwe Police Station. The operation stemmed from complainants from various people registered
Read MoreVipers Sports Club have confirmed the signing of forward Allan Kayiwa from Tooro United. Kayiwa was officially unveiled to his new teammates by Vipers head coach Michael Nam Ouma this morning at the club training. The tantalising forward joins Vibers from the then Fort Portal based club as a free
Read MoreKnight Frank Uganda has announced the sale of Metroplex Shopping Mall-Naalya to Gate Way Delta, a Mauritius based real estate developer. In a statement dated 25th June 2019, Marc Du Toit (in featured photo), the Head of Retail at Knight Frank, the managers of the Mall said Gate Way Delta
Read MoreThe Bank of Uganda (BoU) latest report has detailed the current status of Uganda’s banking sector, showing improvement in key parameters. The Financial Stability Review for the Quarter ended 31st March 2019 shows that Uganda’s financial system stability improved over the quarter ended March 2019. Total Assets and Lending The
Read MoreInside Carrefour’s Game Plan To Outcompete Uganda’s ‘Mushrooming’ Supermarkets
Majid Al Futtaim, one of the leading shopping malls, communities, retail and leisure pioneer across Middle East, Africa and Asia, has confirmed that it will open its first Carrefour stores in Uganda before end of this year. Carrefour’s first store will be located at Oasis Mall and is expected to
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