The Central Banks in the East African Community shall be exploring ways of transforming the East African Payment System (EAPS) and linking it with other payment solutions on the African continent to enable the seamless transfer of monetary value across the continent at both retail and wholesale levels, Dr. Louis
Read More
City lawyers have chipped in on the ongoing discussion of the National Coffee bill 2018, saying it hampers the socio-economic rights of Ugandans once enacted in its current form, URN reports. The National Coffee bill 2018 seeks among others things to provide for the registration of commercial coffee farmers and
Read More
Merck, a leading science and technology company, is collaborating with the BioRescue Project to save the Northern White Rhinoceros (Rhino) by making its state-of-the-art fertility technologies and extensive knowledge on the subject available. Only two females of this species remain - a captive-born mother and daughter named Najin (40) and
Read More
The son of al-Qaeda founder Osama Bin Laden, Hamza (in featured photo), has died, according to US intelligence officials. Details of Hamza Bin Laden's place or date of death remain unclear in the anonymously-sourced reports. In February, the US government offered $1m for information leading to his whereabouts. Hamza Bin
Read More
Huawei announced its business results for the first half of 2019:CNY401.3billion in revenue, a 23.2%increase over the same period last year. The company's net profit margin for H1 2019 was 8.7%. According to Huawei's Chairman, Liang Hua, operations are smooth and the organization is as sound as ever. With effective
Read More
Government’s proposal to change modus operandi for election of Kampala Lord Mayor from universal adult suffrage to an electoral college of councilors has collapsed. MPs on the Presidential Affairs Committee rejected the proposal, warning that the move would create anarchy in already politically porous Kampala. Thee Kampala Capital City Authority
Read More
Barclays Bank Uganda, a subsidiary of Absa Group has announced the launch of the Absa Small and Medium Enterprises (SMEs) Academy with the promise of helping blossoming entrepreneurs grow sustainably. The pioneering programme is based on providing capacity building, training and professional support to new and existing SMEs in Uganda.
Read More
President Yoweri Museveni has disclosed that the National Resistance Movement (NRM) government will work to enable the manufacturing of solar powered water pumps to ensure the realization of both sustainable irrigation and agro-production. The President said this while addressing leaders from Kigezi Sub-Region at Kigezi College Butobere in Kabale Municipality. Museveni
Read More
Dokolo Woman MP, Cecilia Ogwal has refused to forgive Minister of Security, General Elly Tumwine, who she accuses of attempting to ‘kill’ her. She also accuses the Minister of using his position in the army and security circles to doctor the CCTV footage implicating him (Tumwine) that was submitted to
Read More
The Speaker of Parliament, Rebecca Kadaga, has called for use of the Sustainable Development Goals (SDGs) to improve the lives of people in developing countries. “We have a challenge to end poverty, ensure healthy populations, equality, combat climate change, promote energy efficiency and provide quality education among others,” Kadaga said.
Read More
