Overall market lethargy left the Uganda shilling trading flat against the U.S. currency in yesterday’s trading session.
Markets

Dollar slips amid vaccine hopes as Japan reopens

Overall market lethargy left the Uganda shilling trading flat against the U.S. currency in yesterday’s trading session. Fickle dollar supply by corporate players was evenly matched by a dearth inactivity on the foreign currency demand counter that left the home unit stuck within the 3780-3800 trough versus the buck. The USDUGX currency pair looks settled, […]

A number of Ruparelia Group Hotels, Apartments and Restaurants have opened for business according to the Ruparelia Group of Companies Chairman Dr Sudhir Ruparelia.
Industry

COVID -19: Major Ruparelia Group Hotels and Restaurants open for business

A number of Ruparelia Group Hotels, Apartments and Restaurants have opened for business according to the Ruparelia Group of Companies Chairman Dr Sudhir Ruparelia. Dr Ruparelia said in Kampala that the Hotels, Apartments and Restaurants that are currently open and operating according to President Yoweri Museveni recent directive are Kabira Country Club, Speke Apartments, Bukoto […]

President Yoweri Museveni has told Ugandans to borrow from Uganda Development Bank (UDB) and invest in import substitution projects.
Industry Investment Jobs & career

Museveni asks Ugandans to borrow from UDB for import substitution

President Yoweri Museveni has told Ugandans to borrow from Uganda Development Bank (UDB) and invest in import substitution projects. The President said the government recapitalized UDB to the tune of one trillion Ugandan shillings, with more funding expected to come from the World Bank and International Monetary Fund. He emphasized that Ugandans should borrow from […]

Goldstar Insurance and Prudential partner to offer COVID -19 cover
Industry Wellness

Goldstar Insurance and Prudential partner to offer COVID -19 cover

Goldstar Insurance and Prudential Uganda have partnered to offer a new insurance cover to offer life insurance cover to Goldstar’s Workman’s Compensation and Group Personal Accident Policyholders. The new insurance product called COVID19 Group Life Extension Insurance Cover covers groups of individuals of companies and organizations against devastating COViD19 pandemic. It is underwritten by Prudential. […]

The coronavirus pandemic is a health crisis and human tragedy which has affected thousands across the globe.
Industry Jobs & career

How Kenyan employers are supporting their employees to navigate COVID stress

The coronavirus pandemic is a health crisis and human tragedy which has affected thousands across the globe. As a result, economies are charged with providing a response to the pandemic. Some of the challenges countries are faced with include debt increase, oil demand decline, and rising unemployment. In this light, Mercer, a global consulting leader […]

Prudential,  which provides long-term protection and investment opportunities to Ugandans through innovative and affordable life assurance products, has this morning donated Ush300million towards the COVID -19 food relief.
Industry Wellness

Prudential Uganda donates Ush300 million in COVID -19 Food relief

Prudential,  which provides long-term protection and investment opportunities to Ugandans through innovative and affordable life assurance products, has this morning donated Ush300million towards the COVID -19 food relief. Prudential Uganda’s donation is aimed at feeding the most vulnerable and poor communities who have been affected by the lockdown that was instituted almost three months ago […]