aYo Uganda has hit one million customers in less than 2 years of existence in Uganda. With a joint venture between MTN and MMI Holdings, aYo was formulated to have a strong focus on delivering micro-insurance solutions across the African continent. While addressing the media at kati- kati Restaurant on
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Ecobank: Resilient East African Economies To Enjoy Sustained Economic Growth
Ongoing improvement in East Africa’s economic prospects is forecast by Ecobank’s research team in the newly published East Africa section of its flagship financial website, AfricaFICC. Ethiopia, Kenya, Tanzania and Uganda are the regions’ economic powerhouses and are enjoying a period of significant economic growth – their Gross Domestic Products
Read MoreOpinion: Commercial Banks Are Key Players In The Agri-Business Value Chain
By Richard Wangwe There is a common misconception that Commercial Banks in Uganda have limited interest in financing farming or Agricultural projects. After all the sector isn’t efficiently organized, is largely uninsured and dominated by small holders with low income and therefore one would assume are unattractive to banks. While
Read MorePresident Yoweri Museveni has revealed that government impounded 500 illegal Unmanned Aerial Vehicles (UAVs) commonly known as drones entering Uganda ‘to spy on some people.” The President made the remarks Wednesday while addressing MPs and Ugandans on the state of security in the country at Parliament. “The defence committee has
Read MoreA Nairobi court has dismissed a case that challenged the right of Cuban doctors to work in Kenya. The Employment and Labour Relations Court has ruled that there is no proof that doctors' rights have been infringed by the decision to hire Cuban doctors. Fifty Cuban specialists, including surgeons, radiologists,
Read MoreIt was a blast over the weekend when Uganda’s biggest betting company, Fortebet rewarded and thanked its customers. Unlike before, this time Fortebet made it bigger and better. On top of the usual gifts, the betting firm gave out brand new Tecno F2 phones to the lucky customers. [caption id="attachment_14094"
Read MoreIn Uganda, wonders never cease! The latest is a shocking revelation of how government has failed to recover a whopping Shs2.1bn injected in a private hotel where it has zero shares. Lawmakers on the Public Accounts Committee (PAC) Tuesday learnt that ministry of finance is yet to recover the money
Read MoreLieutenant General Andrew Guti has been reappointed the Chairman of the UPDF General Court Martial (GCM). Brig Richard Karemire, the UPDF Spokesman confirmed the development. “Congratulations to Lt Gen Andrew Gutii and team for being reappointed by the High Command to the UPDF General Court Martial,” he twitted in his
Read MoreThe National Social Security Fund (NSSF) has announced a partnership with PayWay Uganda that will expand its social security contributions channels and enhance the contributions process efficiency. PayWay Uganda is a global payment processing company, delivering its services through kiosks and a relatively wide agent network across the country.
Read MoreKisoro District Woman MP, Rose Kabagenyi was Tuesday left disappointed after her efforts to raise the matter of former Inspector General of Police, General Kale Kayihura’s arrest yielded nothing. Speaking on the floor of Parliament, the lawmaker said: “This has not been a normal occurrence in the country without dwelling
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