Stanbic Bank Uganda (SBU) has posted Shs191bn net profit in 2016, up from Shs151bn recorded in 2015. This represents 25% growth. This was revealed Wednesday morning at Serena Hotel, Kampala by the bank’s top management during a media presentation of the bank’s financials for 2016. Like many other banks, Stanbic
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Johnson Basangwa, a resident of Bukwenge, Kamuli Municipal Town in Kamuli district is a true testimony of saying ‘start small and grow big’. Having started with 500 chickens in 2007, now he operates a poultry farm – JEKA – where he now owns 20,000 chickens which on average lay 200
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Ugandan President, Yoweri Musevni on Monday revealed why he decided to set up a farm in Luweero district arguing that some stubborn Ugandans inspired him. The president revealed this during a tour of the Kawumu Presidential Farm in Makulubita Sub-county, Luweero District that saw him display rear farming skills. [caption id="attachment_566" align="alignnone"
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United States of America (USA) domestice intelligence unit, the Federal Bureau of Investigations (FBI) is currently leading investigations into the murder of slain police spokesperson. We have established that officials from the sophisticated intel unit have already visited the scene to help ascertain who could be behind the gruesome murder
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Former Presidential candidate, Kizza Besigye has blamed 'overzealous' police officers for blocking him from attending slain Assistant Inspectoer General of Police, Andrew Felix Kaweesi's requiem mass. Besigye who was traveling in his personal car to the service at Lubaga Cathedral in Kampala was rurned away by police officers who did
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Uganda's Tax body, Uganda Revenue Authority (URA) has again come under the spotlight over allegations that it connived with a steel company to evade paying tax worth Shs1.2trn. As a resutl, the country's Deputy Speaker of Parliament has ordered an investiagtion over claims that URA allowed steel producers to by
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Ugandan President Yoweri Museveni has threatened to act if the country's police does not do enough to eliminate sloppiness. The president made this warning on Sunday during a visit to the bereaved family of fallen police spokesperson, Andrew Felix Kaweesi in Kulambiro, near the capital Kampala. "To the Police, there
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On the 15th March 2017, Stanbic Bank Uganda hosted the Africa- China Economic Forum in Kampala. The Forum which will be an annual event is aimed at bringing together Chinese business community and Ugandan companies doing business with china to discuss trade and investment opportunities between the bilateral trading
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Uganda's President, Yoweri Museveni has challenged Ugandans to take on a group of killers now infamous for using motorcycles to claim their victims. The president revealed this in a series of tweets on Friday evening as he mourned the death of the country's Assistant Inspector General of Police who was
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Uganda's Inspector General of Police (IGP), General Kale Kayihura has spoken out on the gruesome murder of one of his deputies, vowing to nab the killers. Andrew Felix Kaweesi, the force's spokesperson was on Friday morning gunned by assailants traveling on motorccylces in Kulambiro in the capital Kampala. His bodyguard and driver
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