Samsung Axes its Fire-prone Galaxy Note 7
Samsung Axes its Fire-prone Galaxy Note 7 By Serestino Tusingwire The Smartphone giant, Samsung, on Tuesday halted worldwide sales and exchanges of its Galaxy Note 7 following reports that replacements...
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Bank Of Uganda Speaks Out On ‘Crane Bank Sale’ Rumors
Bank Of Uganda Speaks Out On ‘Crane Bank Sale’ Rumors By Alex Masereka Uganda’s Central Bank, Bank of Uganda (BoU) has released a statement explaining its position on the rumors surrounding the sale of...
View ArticleBoU Dismisses Crane Bank Closure Rumor
BoU Dismisses Crane Bank Closure Rumor Bank of Uganda has disassociated itself from the WhatsApp message alerting depositors to withdraw their money from Crane Bank. “Messages circulating on WhatsApp...
View ArticleShock As Tanzania Pulls Out Of EA Common Visa Arrangement
Shock As Tanzania Pulls Out Of EA Common Visa Arrangement Tanzania has dealt Kenya another blow by distancing itself from the common visa launched between Kenya, Uganda and Rwanda. The common visa is...
View ArticleCMC Launches The Powerful Mazda Bt-50 In Uganda
CMC Launches The Powerful Mazda Bt-50 In Uganda The Cooper Motor Corporation Uganda LTD last week unveiled the World’s most powerful Mazda BT 50 at Festino City Namanve in an exclusive Demo launch The...
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Africell Partners With American Refugee Committee To Aid Youth Innovators
Africell Partners With American Refugee Committee To Aid Youth Innovators Africell Uganda this morning unveiled a partnership with the American Refugee Committee (ARC) that will see the giant telecom...
View ArticleTax Dispute between NSSF, URA Deepens
Tax Dispute between NSSF, URA Deepens The Shs84Billion dispute between NSSF and URA has taken a fresh twist after they involved the Auditor General James Muwanga. Muwanga is asking the National Social...
View ArticleM7 Woos UK Investors To Establish Shopping Malls, Improve Skyline
M7 Woos UK Investors To Establish Shopping Malls, Improve Skyline Uganda’s President Yoweri Museveni has called for more investors in the building and construction sector in the country so that Uganda...
View ArticleBank of Uganda lowers Central Bank Rate to 13%
Bank of Uganda lowers Central Bank Rate to 13% Bank of Uganda (BOU) has reduced the Central Bank Rate (CBR), to 13% in a bid to stimulate economic growth by stimulating demand in the economy. BOU...
View ArticleVendors Must Get Off The Streets of Kampala – Kamya
Vendors Must Get Off The Streets of Kampala – Kamya Minister for Kampala Betty Olive Namisango Kamya has instructed Kampala Capital City Authority (KCCA) officials to evict street vendors with...
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BoU Takes over Troubled Crane Bank
BoU Takes over Troubled Crane Bank Bank of Uganda has taken over the management of Crane Bank Uganda. Over the weeks, the news of how Crane bank has been crumbling financially were refuted by the...
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DTB Celebrates Customer Service Week, Invests In Digital Tellers
DTB Celebrates Customer Service Week, Invests In Digital Tellers Diamond Trust Bank (U) Ltd last week celebrated the customer service week across all the country branches in order to appreciate their...
View ArticleMore Details Why BoU Took Over Crane Bank Emerge
More Details Why BoU Took Over Crane Bank Emerge More details on why Bank of Uganda took over Crane bank have emerged, Red Pepper online reports. Yesterday, BoU while exercising its powers under...
View ArticleBritish to build the most expensive resort in Tanzania
British to build the most expensive resort in Tanzania Tanzania has landed its biggest ever investment deal worth over 1 billion dollars (2 trillion Tanzanian shillings. A British firm, Pennyroyal...
View ArticleAfricell Uganda partners with Kira Road Police station in a road safety campaign
Africell Uganda partners with Kira Road Police station in a road safety campaign Africell Uganda this yesterday joined hands with the Kira Road Police station to promote road safety. Africell which has...
View ArticleCrane Bank Gets Three New Sponsors
Crane Bank Gets Three New Sponsors By Serestino Tusingwire The Finance Minister Matia Kasaija has disclosed that government is in negotiations with three foreign ‘suitors’ to capitalize troubled Crane...
View ArticleBanks That Might Follow Crane Bank’s Path Revealed
Banks That Might Follow Crane Bank’s Path Revealed Following the news of Bank of Uganda taking over Crane Bank Management, the public has been in panic speculating that the banking sector is weaker...
View ArticleShock as MPs Rekindle Thrust Over tax exemption
By Serestino Tusingwire Members of Parliament have maintained the push for a tax exemption on their allowances, claiming any further cuts would be burdensome The Income Tax Amendment Bill 2016 was...
View ArticleBusiness in Lira Town Paralyses as Indians Close Shops over Threats from Locals
Business in Lira Town Paralyses as Indians Close Shops over Threats from Locals By Serestino Tusingwire Business has been paralysed in Lira town as local traders protest what they call unfair...
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Excitement As Huawei Staff Deliver Sh33m Donations To Rahab Girls Home
Excitement As Huawei Staff Deliver Sh33m Donations To Rahab Girls Home Huawei has today fulfilled its $10,000 donation to Rahab Foundation to rehabilitate disadvantaged girls. The ceremony took place...
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