Crown Beverages Ltd (CBL) popularly known as Pepsi in Uganda due to its affiliation to Pepsi Cola International recently launched Nivana water. This means that competition in the water sector is going to become even stiffer considering the fact that there are over 70 water brands in Ugandan, but about
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dfcu Limited has announced Arise B.V as its majority shareholder, Business Focus reports. According to a statement issued by the Board of Directors of dfcu Ltd on April19, 2017, the transfer of shares into Arise B.V by NorFinance A.S and Rabo Development has been successfully completed. “Arise B.V. consequently holds
Read MoreAuthorities at Uganda's Maximum Prison, Luzira, have reportedly blocked visitors from accessing jailed Don Stella Nyanzi. According to reports from Luzira, the Makerere University doctored who is on remand over charges of cyber harassment has also been denied access to her children. "JUST IN: Luzira Prison authorities are blocking all
Read MoreThe world economy seems to be gaining momentum, according the chief economist of the International Monetary Fund. Writing in the IMF's new World Economic Outlook, Maurice Obstfeldt said "we could be at a turning point". The report forecasts global growth this year of 3.5%, up from 3.1% predicted in 2016.
Read MoreDetails have emerged of why Uganda's President Yoweri Museveni is visiting Qatar. President Museveni is in Qatar on a 3-day State visit at the invitation of the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani. The President, is accompanied by the 1st Lady and Minister of Education and Sports,
Read MoreEndangered: Africa’s Elephants Decline By a Massive 30%
A latest study has indicated that Africa’s elephant population has fallen by a massive 30% since 2007. The shocking revelation is contained in a country-by-country analysis conducted by SafariBookings.com to gain a better understanding of the rapid decline in Africa’s elephant population. Since 2007, elephants have been in severe decline,
Read MoreA top investor in Uganda accused of sexually assaulting an employee is set to get tax holidays, Business Focus. After bringing down State Minister for Labour, Employment and Industrial Relations, Herbert Kabafunzaki, through a corruption scandal, Mohammed Hamid, the Proprietor of Aya Investments (U) Ltd must be all similes following
Read MoreUganda's Premier, Ruhakana Rugunda on Tuesday held a high level meeting with Uganda Communications Commission (UCC) boss, Godfrey Mutabazi over the controversial SIM CARD registration exercise. According to Pamela Ankunda, head of public and international relations at UCC, they held discussions on the progress of the campaign. "He said at the
Read MoreThe Bishop of Ruwenzori Diocese, Reuben Kisembo has cautioned Members of Parliament against accepting bribes to change the age limit the constitution to allow President, Yoweri Museveni to stand for re-election. Speaking during the Easter Service this morning at St John's Cathedral Kabarole, Kisembo said should the MPs accept to
Read MoreA Ugandan Bishop has praised the country's President Yoweri Museveni for his intensified fight against the evil of corruption. Bishop Patrick Gidudu of Mbale Diocese in eastern Uganda thanked the President for fighting the vice in the country. While delivering his Easter sermon to hundreds of Christians at St. Andrew's Cathedral
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