Former Uganda Investment Authority ED Jolly Kaguhangire that has been fired
Industry Jobs & career

5 Reasons that Got Uganda Investment Authority Executive Director Fired

Uganda Investment Authority (UIA) has finally terminated the employment contract of embattled executive director Jolly Kaguhangire. In an October 26 letter, the authority board chairman Emely Kugonza listed five major reasons why they had to terminate Kaguhangire’s contract. “The Uganda Investment Authority (UIA) board has resolved in a special meeting of October 26, 2018 to […]

2018 Anzisha Prize Finalists
Africa Industry Wellness

Ugandan wins $12,500 at 2018 Anzisha Prize Awards

Joan Nalubega, 21, from Uganda has emerged second-runner up at the 8th annual Anzisha Prize awards gala. This was announced by the Mastercard Foundation and African Leadership Academy in an October 30 statement. Nalubega is the co-founder of Uganics, which produces mosquito-repellent soap to combat malaria in Uganda. With the US$12,500, she will conduct a certification study […]

Oranto Petroleum, which recently signed an oil exploration license with Uganda,  is expected to be granted oil exploration licenses for Blocks R5, R6, Dibella and Dallol by the Ministry of Petroleum of Niger to explore for oil.
Industry Resources Uncategorised

Oranto Petroleum inks Agreement, Prepares to Enter Niger Republic

Oranto Petroleum, which recently signed an oil exploration license with Uganda,  is expected to be granted oil exploration licenses for Blocks R5, R6, Dibella and Dallol by the Ministry of Petroleum of Niger to explore for oil. The blocks are located in the Agadem Rift Basin; Oranto Petroleum to receive technical data. Nigeria-based Oranto Petroleum […]

After resigning his Managing Director position at Housing Finance, Mathias Katamba will take over the leadership role at the Development Finance Company of Uganda Bank Limited, marketed as "dfcu Bank", as CEO starting from January 2, 2019.
Industry

Katamba takes reigns at dfcu Bank as CEO

After resigning his Managing Director position at Housing Finance, Mathias Katamba will take over the leadership role at the Development Finance Company of Uganda Bank Limited, marketed as “dfcu Bank”, as CEO starting from January 2, 2019. According to an October 31 statement released by the bank, Katamba will replace Juma Kisaame who will be leaving […]

Industry Tourism

Uganda sets target to attract 4 million tourists by 2020

Uganda Government has set a target to attract 4 million tourists by 2020 according to the State Tourism Minister Godfrey Kiwanda Ssuubi. The Minister said this will be achieved through aggressive marketing for domestic, regional, continental and international tourism campaigns. “We segmented the tourism campaigns in four categories. The Tulambule campaign targeting domestic tourists, Twende […]

Atsuko Toda, Bank Director for Agricultural Finance and Rural Development
Africa Industry

AfDB Rolls out Programme to Boost Climate Risk Financing and Insurance for African Countries

African Development Bank has approved the Africa Disaster Risks Financing (ADRiFi) Programme, the institution’s first climate risk management programme to boost resilience and response to climate shocks in regional member countries. The comprehensive programme, open to regional member countries, will enhance their ability to evaluate climate-related risks and costs, respond to disasters and review adaptation […]