The Uganda shilling surrendered some ground, trading weaker due to uptick in demand from energy, telecom and import sectors during the week ending 31st March 2017. Trading was in the range of 3610/3620. In the fixed income market, Shs160billion was on offer. Yields dropped on the 91 and 182 paper
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Uganda’s First Lady, Janet Kataaha Museveni on Wednesday revealed that she was shocked by the attacks mated on her by now controversial social media commentator, Stella Nyanzi. The First Lady Of Uganda (FLOU) who also doubles a s the country’s Education minister and a known Born Again Christian said she
Read MoreThere was drama in Parliament as Abdu Katuntu, the Chairman of the Committee Of Statutory Authorities and State Enterprises (COSASE) and Francis Atoke, the Solicitor General clashed over the expenditure of Shs11.9bn meant for the facilitation of the oil case between Heritage Oil and Uganda Revenue Authority (URA), leaving attendees
Read MoreGerman automakers Mercedes Benz and Volkswagen will recall nearly one million vehicles in China, according to the country's quality regulator. Mercedes Benz will recall nearly 400,000 vehicles of different models produced between May 2015 and February 2017 due to concerns that parts of the ignition circuitry could overheat under some
Read MoreThe following organisations seek to recruit qualified staff in areas of Finance, legal, engineering, pharmacy, administration, logistics, project management and medicine among others. For details and applications follow the links below; Refuge Law Project,http://www.refugeelawproject.org/work-with-us/job-vacancies Britam Insurance, http://Careers.britam.com World Food Programme, http://wfp.org/careers/job-openings Baylor International Pediatric AIDS Initiative (BIPAI),http://baylor-uganda.org/opportunities/ Mildmay Uganda, http://216.104.201.106:8080 LivingGoods,http://livinggoods.org/who-we-are/careers/
Read MoreUganda Revenue Authority (URA) in partnership with United Bank for Africa (UBA) Uganda has launched an online tax payment system through Point Of Sale –POS (card swiping) that is powered by VISA cards and Mastercard. While launching the system at URA head offices in Nakawa, Kampala on Tuesday, URA Commissioner
Read MoreThe ongoing Shs6bn presidential handshake by the Parliamentary Committee on Statutory Authorities and State Enterprises (COSASE) continues to unearth shocking information. The latest is that Uganda’s Ministry of Justice and Constitutional Affairs paid out Shs2.73bn to ghosts during the arbitration case between Heritage Oil and Uganda Revenue Authority (URA). Documents
Read MoreStanbic 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
Read MoreFormer Forum for Democratic Change (FDC) Presidential candidate, Kizza Besigye on Monday launched what he termed a campaign to help Ugandans resist land grabbers. The launcha happened in Mityana district and this is what the FDC honcho had to say; As People's Government, we launched My Land, My Life Campaign
Read MoreUganda's new Police spokesperson, Asan Kasingye has refuted media reports quoting him linking the murder of his predecessor to the Allied Democratic Force (ADF) rebels. Kasingye made this rebuttal on Tuesday, the same day a local newspaper carried a story saying he had linked the murder to ADF. "I did
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