Uganda’s President Yoweri Kaguta Museveni last evening received and held talks with the newly elected Democratic Republic Congo (DRC) President, Felix Tshisekedi at State House, Entebbe. “The DRC President and his host, discussed trade, security and other bilateral issues between the two neighbouring countries,” State House said in a statement.
Read More
The Uganda shilling opened the trading week ending 22nd March 2019 holding steady with demand and supply evenly matched but came under slight pressure mid- week as import demand rebounded. Trading was in the range of 3700/3701. In the interbank money market, overnight funds traded at 7% while one week
Read More
Uganda’s real estate industry is set to be boosted with a new kid on the block that will spur growth in the sector. ABJA Estates Limited, an indigenous real estate company is the latest entrant in Uganda’s property sector. Founded in June 2018 by home baked Ugandan, the real estate
Read More
20 teams are set to participate in the second edition of the Kabira Country Club Football Tournament scheduled for 31st March 2019 at the Club’s premises in Bukoto. During the official launch of the tournament today, Kabira Country Club General Manager Rakesh Hurrychurn said the six a side tournament is
Read More
Ecobank Uganda has appointed media entrepreneur, Kin Kariisa (in featured photo) as its new Chairman of board of directors. Kariisa is the CEO of Next Media Services that owns NBS TV. He replaces Henry Lubwama, who has been the bank’s Chairman Board of directors for the last six years The
Read More
South Sudan’s opposition leader Riek Machar who had been leading a rebellion against President Salva Kiir signed a peace deal in August 2018. Consequently, Machar returned to Juba for the first time since he fled into exile in 2016 in October 2018 to attend the country’s Peace Day celebrations. Under
Read More
The Petroleum Authority of Uganda (PAU) organised the first Regional National Content Conference for suppliers in the Oil and Gas Sector at the Hoima Resort Hotel, Hoima on 12th March, 2019. The objective of the conference, which was attended by close to 400 participants, was to engage and disseminate information
Read More
Two homegrown African seed companies top the 2019 Access to Seeds Index for Eastern and Southern Africa, for playing a key role in raising smallholder farmer productivity, according to new research by the Amsterdam-based Access to Seeds Foundation. Kenyan company East African Seed and Seed Co., placed first and second
Read More
The Uganda shilling lost ground earlier in the week on account of elevated demand from energy firms, manufacturing and importers. However, mid-week the unit stabilized on receding demand and traded in the range of 3700/3710 during the week ending 15th March 2019. In interbank money markets, overnight funds traded at
Read More
The financial services sector has been challenged to adopt a shared technology services delivery model, thereby cutting down the cost of doing business and pass on those benefits to customers in form of reduced cost of lending. The call was made by Dr. Tumubweine Twinemanzi, the Executive Director Supervision, at Bank
Read More
