Cipla Quality Chemical Industries Limited (CiplaQCIL), a pharmaceutical manufacturing company in Uganda has announced its Initial Public Offer (IPO) by floating a total of 657,179,319 shares on to the Uganda Securities Exchange (USE). The total shares floated represent 18% of all the shares owned by the company. Cipla Ltd,
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Fortebet has kicked off the new football season 2018-2019 in style, with clients winning themselves hundreds of gifts. Fortebet clients in 11 branches found in Arua, Nebbi, Pakwach, Parombo, Paidha and Koboko witnessed this memorable season opener and won themselves phones, European club jerseys, T-shirts, caps, pens and wristbands. [caption
Read MoreThe former Leader of Opposition in Parliament Winfred Kiiza has attacked Forum for Democratic Change (FDC) leadership to which she belongs for the continued accusations of MPs reportedly not remitting their monthly contribution to the largest opposition party in the country. She described the allegations as unfortunate because she has
Read MoreFormer FDC president, Mugisha Muntu has revealed his future political plans saying that he intends to share findings on the countrywide consultations with the party leadership. Muntu made this revelation in a Facebook post on Tuesday. Below is his full statement I would like to take this opportunity to once
Read MoreUgandan musician-turned-MP Robert Kyagulanyi, also known as Bobi Wine, has been arrested today following violence at a campaign rally both he and President Yoweri Museveni attended yesterday. Opposition protesters threw stones at the presidential convoy and security forces intervened. Mr Kyagulanyi's driver was shot dead, and the MP believes that
Read MoreUganda's police spokesperson, Emilian Kayima has revealed that President Yoweri Museveni's car was attacked and smashed by hooligans in Arua district on Monday. Kayima revealed this while commenting on the chaotic scenes in Arua that left Kaydondo East lawmaker, Bobi Wine's driver shot dead. Kayima said that "hooligans" attacked the
Read MoreThe cross-border trade wars between Kenya and Tanzania worsened last week after newly appointed Arumeru District Commissioner Jerry Muro announced a blanket ban on Kenyan carrots, in a bid to protect local producers from competition, reports Business Daily. “During the harvesting period, carrots are imported from the neighbouring country, but
Read MoreCoinPesa, a Ugandan digital currency exchange has launched its Initial Coin Offering (ICO) pre-sale with the aim of getting more Ugandans on the cryptocurrency band wagon. Dubbed the CoinPesa Champion Referral Program, it uses Blockchain technology to create digital assets through tokenization and provides a way for users to generate
Read MoreSunday 12 August Uganda 0-1 Ethiopia Chamazi Stadium Results Group B (Sunday match) South Sudan 2-0 Djibout Results (Saturday matches) Rwanda 3-1 Sudan Burundi 1-2 Tanzania Uganda’s CECAFA U-17 Zonal AFCON Qualification campaign started on a bad note as they fell 0-1 to Ethiopia on Sunday at Chamazi Stadium, Azam
Read MoreBy David A. Andelman Look out Donald Trump, while you're not watching, China is quietly stealing a continent from you. And India may not be far behind. Currently, the battle for supremacy on the African continent is being fought out between the leaders of Asia's two superpowers -- China and
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