Industry Markets

Kenya 2018/19 Full Budget Speech

BY HENRY ROTICH     Theme: Creating Jobs, Transforming Lives and Sharing Prosperity I Introduction   Mr Speaker, it is my honour to present to this august House the FY 2018/19 Budget Statement. I make this Statement in fulfilment of the requirements of Section 40 of the Public Finance Management Act, 2012 and the Standing Order Number […]


The Uganda Shilling sustains deeper wounds against U.S dollar on Thursday

BY CBAU KAMPALA, Uganda–The Uganda Shilling sustained deeper wounds in yesterdays’ trading session amidst unrelenting greenback demand from the energy and manufacturing sectors alongside muted dollar supply. The USDUGX pair maintained its bullish trend, ascending to the 3730/3750 levels from 3725/3745 previously. Ahead of the weekend, a range-bound trading session at the 3725/3755 levels is […]

Industry Markets

Four new faces added to Umeme Board

BY PAUL TENTENA KAMPALA, UGANDA- Four people have stepped aside from the Umeme Ltd Board of Directorship role to pave way for new faces on the power suppliers’ board. During the Umeme Shareholders Annual General Meeting held in Kampala, Adrian Mucalov, Christopher Nicholson, David Grylis and Charles Chapman all stepped aside to have the inclusion […]