There is fear of loss of jobs among Uganda National Roads Authority (UNRA) officials accused of hiring out the roads agency’s equipment to private individuals. It is said that junior officials at UNRA hired out the equipment for private work without authorization from the top bosses. UNRA Executive Director, Allen
Read More
Uganda's President Yoweri Museveni has condemned the bombing in Somalia's capital that has left more than 300 people dead. At least 276 people have died in a massive bomb attack in the Somali capital Mogadishu on Saturday. "Uganda strongly condemns the cowardly terrorist attacks in Mogadishu that left hundreds dead.
Read More
International Aid organisation, ActionAid, has demanded the unfreezing of its Ugandan bank accounts saying it is preventing the organization from doing its vital work tackling poverty and injustice. Last Thursday, Ugandan authorities closed down the bank accounts of ActionAid Uganda accusing the organisation of funding age limit protests. The authorities also
Read More
Foreign traders at Nairobi Securities Exchange (NSE) sold shares worth Sh34.2 billion (UShs1.2 trillion) in three months ended September due to heightened political uncertainty, reports the Standard Newspaper. According to the data from the market regulator, Capital Markets Authority (CMA), most of the foreign investors chose to sell their stakes
Read More
Why Bobi Wine is misguided So Bobi Wine issued a “letter to Young Ugandans” in which he claims that colonialism marked Uganda’s golden age. This is the problem with President Yoweri Museveni’s critics - always ignorant and emotional and their arguments always lack substance in both matter and manner. I
Read More
Troubled retail operator Nakumatt Holdings has received accolade in neighbouring Rwanda after it was recognised as the best taxpayer, reports Business Daily Africa. Nakumatt Rwanda, which operates 3 retail stores in Kigali, took home the 2016 Best Taxpayer trophy as well as the Best Electronic Billing Machine (EBM) user award
Read More
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to supporting entrepreneurship, concluded its 3rd annual TEF Entrepreneurship Forum on 14th of October 2017 in Lagos. The Forum hosted more than 1,300 participants from 54 African countries. The most diverse and inclusive gathering of African entrepreneurs on the continent, the
Read More
Mohammed Hamid, one of Uganda’s leading entrepreneurs, is the Chairman and founder of Aya Group, a $300 million (annual revenues) Ugandan conglomerate with interests in milling, food manufacturing, commodity trading, transportation and hospitality. Aya Group recently launched Pearl Of Africa, a landmark hotel in Kampala which cost more than $300
Read More
Uganda's President Yoweri Museveni has praised the father of the country's Inspector General of Police (IGP) Kale Kayihura saying he was a great Pan Africanist. The president made the remarks during a thanksgiving ceremony to celebrate the life of John Kale Kalekyezi at Isaaza Grounds in Kisoro Municipality. Below is the
Read More
Samsung Electronics chief executive Kwon Oh-hyun has resigned citing an "unprecedented crisis". It is the latest management upheaval at the firm after the heir of the entire Samsung Group was imprisoned for corruption in August. Mr Kwon is one of three co-chief executives of Samsung Electronics. His resignation comes on
Read More
