Kenya Airways Reports Sh 3.8 Billion Loss
Kenya Airways has reported that its net loss for half year period ended 30th September declined by 20.2% to Sh 3.8 Billion from a loss of Sh 4.7 Billion posted in the same period last year. The...
View ArticleAir France To Start Paris – Nairobi Flights
Air France has announce it will introduce direct flight between Paris and Nairobi. The flights will start on March 25th 2018, according to a communication from Air France. Customers will be able to fly...
View ArticleUganda’s Consultancy Firm Wins Multi-Billion Deals In DR Congo
Tim Tech Consults is a Ugandan first class hi-tech company based in Kira Municipality, Wakiso district has won a staggering multi-billion supply deal in Democratic Republic of Congo, this website has...
View ArticleMayor, Traders’ Boss clash over trade show
Al-Hajj Isah Afeku Kato, the Arua Municipal Mayor has bitterly clashed with Jackson Atima, the Chairman Uganda National Chamber of Commerce and Industry – Arua over a trade show. It all started when...
View ArticleUganda Overtakes South Africa In Exports To Kenya
Uganda overtook South Africa for the first time in November as the largest source of goods ordered by Kenyans, underlining the impact of drought which saw electricity and food imports shoot up. Kenya’s...
View ArticleGOVT: Bridge Schools Not Licensed
Government of Uganda has announced that the Bridge Schools do not have a license to operate in Uganda. In a statement released by the Media Center, the ministry of Education said the schools have not...
View Article‘Tuskys Has Not Made a Profit Since 2012’ Says Shareholder
Yusuf Mugweru, a shareholder of Tuskys Supermarket with a 17.5 percent stake, has objected to the proposed partnership between Nakumatt and Tuskys through his lawyers. The objection, which was based on...
View ArticleGovt Suspends Officials Named In Refugee Scam
The govt has suspended five officials, including a senior technocrat, following United Nations allegations of possible fraud in the management of relief aid to the country, home to about 1.5 million...
View ArticleClik here to view.
Sam Mwandha Tipped For UWA Top Job
Sam Mwandha is tipped to be named the next Uganda Wildlife Authority Executive Director after excelling during the interview process, source have told Red Pepper. Mwandha came top in the final...
View ArticleBoU Slash Rate To Help Small Businesses
Bank Of Uganda further cut its benchmark lending rate to its lowest level ever on Tuesday in a move experts say is intended to encourage lending to small businesses. The Central Bank noted that...
View ArticleGov’t Borrowing To Cover Revenue Shortfall- Kasaija
The Minister of finance Matia Kasaija has announced that the government will borrow Shs.736billion to cover up for revenue shortfall experienced by Uganda Revenue Authority. Kasaija said in a statement...
View ArticleUK MPs To Quiz Oxfam Bosses
MPs are to question senior Oxfam executives later about the sexual misconduct of some of its staff in Haiti following an earthquake in 2010. Members of the International Development Committee will ask...
View ArticlePRESS RELEASE: Parliament Clears NITA-U
NITA-U cleared to proceed with the roll-out of the National Backbone Infrastructure – Missing Links Project by Parliament, PPDA and World Bank. This morning, the National Information Technology...
View ArticleBOU Says Bank Of India Not Going Anywhere
Bank Of Uganda have dismissed reports on social media alleging that Bank of India Uganda ltd was planning to quit the Ugandan market. Rumor was rife that the Bank of India parent company in India had...
View ArticlePRESS RELEASE: Karuma Hydro Station Installs Radial Gates
Installation of First Set of Radial Gates at Karuma Hydropower Station commences. The Karuma (600MW) hydro Power project has registered yet another milestone – the installation of the radial gates at...
View ArticleSingapore To Bonus All Citizens After Budget Surplus
All Singapore citizens aged 21 and above will get a one-off “SG Bonus” of up to S$300 each as the 2017 budget came in with a surplus of almost S$10 billion (US $7.6 billion), the city-state’s finance...
View ArticleClik here to view.
Vodafone Uganda Goes Bankrupt
AFRIMAX Uganda Limited the parent company of Vodafone Uganda has declared insolvency and an administrator has been appointed. According to sources in the telecom industry, Donald Nyakairu has been...
View ArticleBuganda Vow To Fight Govt On Mailo Land
The Kingdom of Buganda have vowed to resist with all force necessary any attempts by the Central Government to abolish the M0ailo Land Tenure System. Peter Mayiga the Kingdom’s Prime Minister said: ‘I...
View ArticleWeah: I Inherited A Broke Country Liberia
Liberia’s new President George Weah on Tuesday pledged to fight endemic corruption as he spoke about conditions in his “broke country” on the first day of an official visit to Paris. The former...
View ArticleKenya Arrests Man With Gold Worth USD1million At Airport
Kenya Revenue Authority officials intercepted gold worth Sh100 million at the Jomo Kenyatta International Airport, Nairobi. According to the Kenyan daily newspaper the standard: At least 32,255.50...
View Article