Agriculture Minister Vincent Bamulangaki Ssempijja (pictured) has encouraged farmers to embrace modern farming practices in order to guarantee improved and increased coffee production. Ssempijja was speaking at the celebrations to mark the International Coffee Day held at Ankole Coffee Producers Union offices in Kabwohe - Sheema Municipality on October
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The Bank of Uganda (BoU) Governor, Prof. Emmanuel Tumusiime-Mutebile will tomorrow Monday October 07, 2019 issue the Monetary Policy Statement for the month of October. The BoU has for several months maintained the Central Bank Rate (CBR) at 10%. The CBR is a benchmark lending rate for commercial banks. According
Read MoreEquity Group Holdings Plc has launched a new brand identity that reflects a streamlined financial services provider positioned as a catalyst for the development of the region. The Group has unveiled a new unified brand identity, signalling its next frontier in delivering a seamless customer experience across markets and across
Read MoreOld Mutual’s Bitter Feud With Its Fired CEO Splits Shareholders
Old Mutual Ltd. shareholders are split on whether the South African insurer should pony up and settle with Chief Executive Officer Peter Moyo (pictured) or run the risk of a 250 million rand ($16.5 million) damages claim. All Weather Capital (Pty) Ltd. is up for a settlement if it will
Read Moredfcu bank has spoken out on reports that it is set to close 22 branches. In a statement dated Sunday 6th October 2019, the bank management headed by Mathias Katamba (pictured) as Managing Director says: “In the last 24 hours there has been a false notice and other nonfactual stories
Read MoreUnidentified attackers have killed at least eight people and wounded 18 others during an overnight attack in northern Rwanda near the border with Democratic Republic of the Congo (DRC), according to police. The attack took place on Friday in Musanze district's Kinigi sector which attracts tourists because of its Volcanoes National Park
Read MoreDfcu Bank has agreed to vacate all the branches owned by Meera Investments Limited, which is part of the Ruparelia Group of Companies. The bank has called opened bids for companies that want to provide consultancy services at it seeks to relocate to new areas in various districts and towns
Read MoreMutebile: Infrastructure Investment Without Skilling Ugandans Won’t Lead To Economic Dev’t
Prof. Emmanuel Tumusiime-Mutebile, the Governor, Bank of Uganda (BoU) has revealed that infrastructure investment without corresponding human capital development will not transform Uganda’s economy. “…Public investment in infrastructure at the cost of human capital development will not support Uganda’s economic transformation. Uganda’s prosperity in the years ahead will largely depend
Read MoreOver 400 women entrepreneurs have benefited from a business training in Kampala organised by dfcu bank in partnership with Daily Monitor and Uganda Investment Authority. This marks the climax of a series of Business trainings that have been running across the country under the Rising Woman Initiative regional tours in
Read MoreTanzanian President John Magufuli has praised a senior government official for caning a group of secondary school students who were accused of setting fire to their dormitories. A widely-shared video shows regional commissioner Albert Chalamila administering beatings to a group of students who were lying face down. Earlier, a government
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