Uganda Securities Exchange (USE) on Wednesday launched the ‘USE University Challenge’ in a bid to inculcate an investment culture among students in Universities across the country. The Challenge seeks to give the youth a platform to trade and understand how to invest in shares and bonds listed on the bourse.
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Buganda's K2 Telecom has gone off air leaving at least 150,000 subscribers stranded. K2 telecom, which uses the 073 code, has been off since Monday this week. The company offers voice calls, sms and internet data services. Livingstone Kitata, the K2 Telecom Public Relations Officer, says they went off due
Read MoreThe Inspector General of Government (IGG), Irene Mulyagonja has opened a war on Prof. Anthony Mbonye, the top official at Ministry of Health. Mbonye is also the husband to President Museveni's cash comptroller Lucy Nakyobe, who controls all the billions sent to State House by ministry of finance (approved by
Read MoreUganda’s communications authority has warned radio and TV stations against broadcasting live content that "promotes a culture of violence amongst the public". It said it would take action against anyone violating broadcasting guidelines by suspending or revoking broadcasting licences. [caption id="attachment_4825" align="alignnone" width="810"] A copy of the letter[/caption] The order
Read MoreThe Ugandan parliament has adjourned after a raucous day in which MPs brawled in the chamber amid accusations that some members were carrying firearms. The adjournment followed repeated procedural objections to attempts to begin a debate about a controversial proposed constitutional change. If the proposed change goes ahead on lifting
Read MoreHima Cement has renewed its partnership with the World Wide Fund for Nature(WWF)to protect River Mubuku catchment area through planting of trees and promoting safer agricultural practices amongst farmers along the river. The partnership between Hima Cement and WWF started in 2014 for protection and management of River Mubuku catchment
Read MoreNakumatt and Tuskys shares will be owned by a holding company to be formed as part of the merger deal between the two retailers, reports the Standard Newspaper. The two, which control the retail business in Kenya, are currently reviewing the structure of the two businesses to facilitate the merger
Read MoreUganda’s economy is expected to pick up to 4.6% in 2017/18, upfrom a growth rate of 3.9% in 2016/17, according to Barcelona-based Focus Economics. The report released last week says large public investment projects in the transport and energy sectors are expected to fuel growth in the years ahead. “Panelists
Read MoreArua Municipality lawmaker, Ibrahim Abiriga has confirmed that the picture circulating of him urinating is true. Abiriga told local Television, NBS, that he badly needed to answer a call of nature hence the act. ""I was badly off yesterday and I wanted to urinate. Why are people spreading that picture?"
Read MoreA coalition of legislators opposed to the proposed lifting of the presidential age limit has vowed to paralyze business at parliament should police arrest any of them. Fourteen legislators drawn from the ruling National Resistance Movement-NRM party and opposition told journalists at parliament on Monday afternoon that they have learnt
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