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Fights, Corruption Allegations Stall 138 Km Kigumba-Hoima-Kabwoya Road Works
The much anticipated construction of the Kigumba-Hoima-Kabwoya road is delayed by contract disputes, Bunyoro Affairs Minister Ernest Kiiza has said. Government recently secured funding from the African...
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M7 Lauds Chinese While Opening Police Garments Factory
According to Gen. Kayihura, the launch of the factory is part of activities to mark 100 years of the existence of Uganda Police. Courtesy Photo President M7 fresh from the United States has uesday...
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Scanad shines At Loeries 2014
Scanad, the leading sub-Saharan integrated communication agency has received 4 prestigious awards at the just concluded prestigious Loeries Awards 2014, held in Cape Town, South Africa. Through its...
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Inflation Falls To Record Low
The rate at which commodity prices on the Ugandan Market increase has declined during the month ending September 2014, according to statistics released by Uganda Bureau of Statistics (UboS). A market...
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NSSF To Pay 11.5% Interest For Savers
The National Social Security Fund (NSSF) will pay its members an interest rate of 11.5% for the Financial Year 2013/14. L-R (NSSF AG. MD, Geraldine SSali, Minister of State in the ministry of finance ,...
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Pepsi Launches 60-Calorie Soda With Controversial Ingredient
Pepsi is trying to slim down with a new sweetener. On Wednesday, the soda and snack giant announced Pepsi True, its first mid-calorie soda since the failed launch of Pepsi Next more than two years ago....
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NIC Boss Passes On
Insurance and risk management services provider National Insurance Corporation Limited has lost their Chairman, Mr. Remi Olowude, OON who passed on Saturday, 27th after a prolonged illness. Mr....
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M7, Kagame To Officiate At 3rd Uganda-Rwanda Business Forum
Uganda and Rwanda presidents Yoweri Kaguta Museveni (R) and Paul Kagame Ugandan President, Yoweri Kaguta Museveni and his Rwandan counterpart, Paul Kagame will officiate at the 3rd Uganda-Rwanda...
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Gambling: Govt To Purchase Shs5B Monitoring Machine
According to Tumubweine, the monitoring centre will be done in collaboration with Uganda Communications Commission (UCC). Government is to purchase a gambling monitoring machine valued at five billion...
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EU Commission Clears Facebook’s $19 billion Bid For WhatsApp
A Whatsapp icon is seen on a Samsung Galaxy S4 phone screen with a Facebook logo in the central Bosnian town of Zenica, February 20, 2014. European Union antitrust regulators approved on Friday a $19...
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Oil Deal Paperwork Rift Widens
Documents circulated by the London based NGO, Global Witness as Production Sharing Agreements between Uganda and oil companies, are fake, The Petroleum Exploration and Production Department (PEPD) has...
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The Curious Case Of MV Amani
Kalangala travelers are questioning the safety of MV Amani, one of the vessels that ply the Entebbe – Kalangala route over persistent breakdown. The 40-seater capacity vessel is run by Earth Wise...
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Guinness Unveils New Bold Look
Guinness, the world’s number one stout has unveiled its latest innovation in design as it consolidatesits position as the leading stout in the Ugandan market. Navio does his thing during the unveiling...
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Huawei Ascend Mate 7 Review: the best finger scanner on Android
Huawei has skipped a few naming conventions with the Ascend Mate 7, which is actually the successor to the Mate 2. But they haven’t skipped any detail or cut any corners: the Ascend Mate 7, as big as...
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BoU Maintains CBR At 11 per cent
Annual headline inflation fell to 1.4 % in September 20 14 from 2. 8 % in August 20 14, mainly due to falling food prices. Bank of Uganda has maintained the Central Bank Rate (CBR) at 11 percent in...
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NSSF To Recognise Best Employers At 2nd Annual Members’ Meeting
The National Social Security Fund (NSSF) will hold its second Annual Members Meeting on 28th October 2014, during which the Fund will award the most compliant employers in the country, Acting Managing...
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Uganda’s Foreign Reserves Decline by $300m
Government expenditure on the Karuma and Isimba Power Dams has led to a decline in the foreign reserves held by Bank of Uganda (BOU). Louis Kasekende The decline, in excess of US$300m to US$3.1bn was...
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NSSF Bails Out Cashstripped Uganda Clays With Shs 15 billion
The National Social Security Fund-NSSF has taken a decision to save Uganda Clays limited. In 2007, Uganda Clays borrowed from Standard Chartered Bank and the East African Development to expand...
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Unilever Uganda Awards Lucky Winner With A Brand New Car
Unilever Uganda over the weekend announced the first winner of one of the ten Toyota Premio vehicles of its exclusive promotion dubbed “Collect and Win” that has been ongoing since 11th August, 2014....
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UGX Comes Under Depreciation Pressure, Breaches 2700
The shilling crossed the 2700 resistance level on Wednesday on account of increased demand from energy , manufacturing and to some extent offshore players that are profit taking. A trader displays...
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