Umeme Ltd has recorded Shs99.7bn net profit in 2016, down from Shs105.8bn recorded in 2015. This represents a decline of 5.8%. This is contained in the company’s financial results for the year ended December 31, 2016 released on Monday. The directors have recommended a final dividend of Shs7.8 per share.
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Arua Member of Parliament, Morine Osoru, has been elected President of the Forum of Young Parliamentarians of the Inter Parliamentary Union (IPU). Osoru was elected on Sunday, after beating competition from Russia and Zambia, says a Monday, April 03, 2017 press statement from Parliament of Uganda. The legislator is part
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Stanbic Bank Uganda (SBU) is set to recruit 1,000 agents as Ugandan banks ready themselves to embrace a new model of banking-agency (agent) banking, Business Focus has established. This was revealed by Patrick Mweheire, the SBU Chief Executive Officer at the side-lines of a press conference to announce the bank’s
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Uganda youth have scooped the 2nd position in Sub-Saharan Africa (SSA) in as far as betting is concerned, a latest report has revealed. According to a recent GeoPoll rapid survey carried out among youth between the ages of 17-35 in Uganda, Kenya, Tanzania, Ghana, Nigeria and South Africa, most youth
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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
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There 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
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German 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
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The 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/
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Uganda 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
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