Stanbic Bank Uganda has appointed Tony Okao Otoa the Head Enterprise Development – Stanbic Business Incubator. He will be in charge of delivering the bank’s enterprise development agenda, creation of market opportunities for business customers; management and implementation of programmes for the development of the Stanbic Business Incubator. With over
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More than 30 countries that support a set of principles calling for U.N. peacekeepers to protect civilians in armed conflict are asking the United Nations to go a step further and hold peacekeepers accountable if they fail to do so. A letter sent Tuesday to Secretary-General Antonio Guterres and obtained
Read MoreUganda’s new social media tax will damage business and the economy and cool investor interest in its new IT sector that has wooed global giants Facebook and Google, industry executives said on Monday. President Yoweri Museveni, 73, has touted the levy as necessary to deter Ugandans from using social media
Read MoreA suspected land grabber in Mubende attempted to con President Yoweri Museveni of Shs 4 billion, the Justice Catherine Bamugemereire-led Land Probe commission heard on Monday. While testifying before the commission, Herman Byakatonda, a witness told the commission that Milly Naava attempted to con Museveni of Shs 4 billion in
Read MorePresident Donald Trump has suspended Rwanda’s right to export clothing duty-free to the United States over Kigali’s decision to increase tariffs on imports of used clothing and footwear, the U.S. Trade Representative’s office said. The move, initially threatened in March and confirmed on Monday, was seen by many in Washington
Read More Uganda's Minister of Information, Communications Technology and National Guidance, Frank Tumwebaze has defended the move by government to do away with airtime scratch cards. In a statement presented to Parliament i Tuesday afternoon, Tumwebaze made the case that E-commerce and digital transformation is good for all. According to the
Read MoreBy Daily Mail Jose Mourinho's black mood is bringing down his players and unsettling staff on Manchester United’s troubled tour of the US. Mourinho’s extraordinary outburst at the weekend continued to reverberate around the United camp in Miami on Monday. It is understood that his comments about wanting Anthony Martial
Read MoreThe Finance Committee of Parliament Tuesday started internalizing the Excise Duty Amendment Bill No.2 that aims at reducing the 1% tax on all mobile money transactions to now 0.5% on mobile money withdrawals. However, a section of lawmakers on the Finance Committee that recommended to Parliament to pass into law
Read MoreBuganda Kingdom Katikkiro (Prime Minister), Charles Peter Mayiga has made fresh demands to government for a federo (federal) system of government, noting that is long overdue. He noted that federal system will help different regions of Uganda to work on their needs. “The development you see today would be 1000
Read MoreThe Leader of the Opposition in Parliament, Winfred Kiiza, has called for increased government investment in agriculture, which will spur growth in other sectors of the economy. Giving Uganda's experience, Winfred Kiiza, who was speaking during the ongoing Conference of US State Legislatures, said that government commits less funds to
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