TIME has named Tony O. Elumelu (pictured), one of Africa’s leading investors and philanthropists, in the 2020 TIME100, the annual list of the 100 most influential people in the world. The list, now in its seventeenth year, recognises the activism, innovation, and achievement of the world's most influential individuals. Mr Elumelu, who is
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The local currency traded flat due to limited forex trading as mid month tax payments took the better part of the market. Quotes held in the range of 3687/97 on the bid and ask during the week ending September 18, 2020. In the fixed income space, there was no primary
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Left to Right: Sylvia Jagwe Owachi-Executive Director Cairo Bank Uganda, Ahmad Maher-Managing director Cairo Bank Uganda, Dr Charles Olaro-Director Curative services Ministry of Health, Dr Patrick Sekimpi-Head of Department Orthopaedic at Makerere College of Health Sciences, Immaculate K Irumba-Chief Operations Officer Cairo Bank Uganda, Dr. Juliet Otiti Head of Department
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Minister Vincent Bamulangaki Ssempijja According to the climate outlook forum that Saturday on 26th August 2020, the weather for October to December 2020 is predicted to be drier than normal in the East African region. The revelation was made Vincent Bamulangaki Ssempijja, the Minister of Agriculture Animal Industry and Fisheries
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Patience Rubugumya, Commissioner Legal Services & Board Affairs. URA's legal department is doing a great job In 2009, Siraje Hassan Kajura filed a suit that turned out to be a game changer in tax administration, as the Ugandan public had for long held divided views on whether or not retrenchment
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President Museveni (L) shakes hands with Bobi Wine. They are set to face off in 2021 polls Uganda’s Electoral Commission (EC) has confirmed nomination dates for various elective positions. According to Acting EC Spokesperson Paul Bukenya, the nomination of candidates for Presidential Elections will be conducted on 2nd and 3rd
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URA Commissioner General, John Rujoki Musinguzi The COVID-19 pandemic has adversely affected economies worldwide. The lockdowns to contain the spread of the deadly disease has seen companies lose revenue and millions of workers lose jobs. Consequently, many revenue authorities around the world have failed to hit their monthly revenue collection
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The local currency backtracked mid week pausing the stable stance in the previous sessions. The shilling breached a key level of 3700 on the sell side as demand surged mainly from importers, retail and energy players. Supply side remained subdued.The fixed income market segment continued to register significant demand that
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Team Uganda The Sub-Sahara African finals of the Huawei Global ICT Competition, under the theme of "Connection, Glory, Future",kicked off on 10 September with an online opening ceremony. It is believed to be the biggest event of its kind in Africa covering 14 countries and attracting over 50,000 students. Globally
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Uganda Clays Ltd (UCL) troubles are far from over. The company’s net losses increased to Shs1.43bn in the first six months ended 30th June 2020 from Shs128m recorded over the same period in 2019. UCL is one of the oldest building materials manufacturers in Uganda. Listed on Uganda Securities Exchange,
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