A computer malware that has spread across 150 countries appears to be slowing down, with few reports of fresh attacks in Asia and Europe on Monday. However staff beginning the working week have been told to be careful. The WannaCry ransomware started taking over users' files on Friday, demanding $300
Read More
Some Kenya Defence Forces soldiers have claimed to be immune to HIV. According to a study conducted at the Forces Memorial Hospital in Nairobi, another small but significant number of soldiers who participated in the study claimed to enjoy divine protection against the virus. “About three per cent believed that
Read More
Stanbic Bank shareholders have approved a Shs60bn payout as dividends at their Annual General Meeting held on 10th May in Kampala. This represents a 50% increment from the Shs40bn paid in 2015 and is equivalent to Shs 1.17 dividend per share, up from Shs0.78 the previous year. Opening the AGM
Read More
The World Health Organization (WHO) has declared an Ebola outbreak in the Democratic Republic of Congo. At least one person has died after contracting the virus in the country's north-east, the WHO says. The Congolese health ministry had notified the WHO of a "lab-confirmed case" of Ebola, it added on
Read More
Ugandan President Yoweri Museveni has met and held a meeting with President Uhuru Kenyatta of Kenya who paid a courtesy call on him at his residency at the Taj 51 Hotel, St. James Court in the United Kingdom. The two leaders discussed various bilateral issues affecting the region. [caption id="attachment_1259"
Read More
South Sudan President Salva Kiir has moved to calm tension in the country following his decision on Tuesday to fire army chief Paul Malong. In a letter shared by a local media he said the security situation in the country was normal, and urged citizens to carry on with their
Read More
Ugandan President Yoweri Kaguta Museveni and the United Nations Secretary-General Antonio Guterres are stoking their efforts to give a face to the refugee crisis in Uganda and raise over US$2billion needed in emergency funds to handle the humanitarian crisis caused by the South Sudan conflict which is yet to end.
Read More
Consumers of alcohol and cigarettes are set to spend more come July1, 2017 when the 2017/18 budget takes effect after Parliament Okayed government proposals to increase taxes on the said items. According to the Excise Duty Amendment Bill 2017 that was tabled by the Ministry of Finance, Planning and Economic
Read More
On Tuesday, Sydah Bbumba, who was the Minister of Energy and Minerals from 2002 to 2006 admitted that she signed Production Sharing Agreements without thoroughly reading through the documents of the deal that cost Uganda US$157M (over Shs570bn) Bbumba who had appeared before the Parliamentary Committee of Commissions, State Enterprise
Read More
Fresh details have emerged surrounding the controversial collapse and eventual sale of Crane Bank to dfcu bank, Business Focus reveals. For the first time, the Bank of Uganda (BoU) and Ministry of Finance have spoken out on the reported Shs200bn government apparently injected in Crane Bank in order to save
Read More
