Uganda Investment Authority (UIA) has said the cumulative number of the planned jobs in the last 3 quarters totals to 23,055 of which 7,716 are being created by Domestic Direct Investments and 15,339 are being created by Foreign Direct Investments. However, according to UIA, the numbers are significantly below target considering the investment licensed last […]
Air Transport is and survives by being the arteries of the world at large and particularly of tourism and international trade. It represents and thrives by being the wings that enable individuals, entities, private and community sectors to connect nationally, regionally, and globally and to reach their various objectives and higher altitudes of success. Airlines […]
Ethiopia stands to lose close to USD 1 Billion should the country move ahead and halt its new development and partnership with Somaliland over the Port of Berbera. There have been unconfirmed reports in the Ethiopian and Somaliland media that the Horn of Africa nation is considering developing a port in Sudan that will be […]
This year’s review meeting of the Presidential Investors’ Roundtable (PIRT) kicked off Tuesday this week, with both government officials and investors agreeing on the need to dialogue in order to have a win-win investment climate. The annual three-day review meeting at State House Entebbe is aimed at driving government ministries, departments and agencies to improve […]
The total installed power generation capacity in the COMESA region is 92,00 megawatts (MW) with Thermal power dominating at more than 69% and Hydro (large and small) accounting for 30%. This was disclosed during the 9th Annual General Meeting of the COMESA Regional Association of Energy Regulators for Eastern and Southern Africa (RAERESA) that began […]
Uganda Revenue Authority Commissioner General Doris Akol has advised women to venture into mobile businesses and child-oriented businesses arguing that they are the most trending and lucrative businesses that can easily benefit women without too much hassle. Akol, who was addressing the Annual Women Conference 2020 at Hotel Africana this morning under the theme “An […]
Lameck Omara Apita, the Commissioner in Charge of Physical Education yesterday flagged off the Fresh Dairy Secondary School Games – 2020 edition with a call to schools to avoid using none students popularly known as Bachuba. The flag off, that took place at the magnificent St Mary’s Stadium in Kitende, will see over 600,000 students […]
Procter &Gamble (P & G) President for Asia Pacific Middle East and Africa (AMA), Suranjan Magesvaran was in Kampala last week to meet with Ugandan leaders on a mission to re-affirm their investments. Magesvaran met with Uganda’s Minister for the Presidency Esther Mbayo at the State house as a sign of showing his company’s commitment […]
Stanbic Bank Board of Directors has appointed Anne Juuko as Stanbic Bank Uganda’s new Chief Executive effective 1st March 2020. Anne Juuko who holds a Bachelor of Commerce degree from Makerere University and a master’s degree in Strategic Planning from the Herriot Watt Business School in Edinburgh, Scotland, brings on board a wealth of experience […]
AZA, Africa’s biggest non-bank currency broker, has rolled out its recently upgraded payment platform BFX to Uganda. BFX is a B2B payment platform that leverages AZA’s hybrid infrastructure and empowers companies to use African currencies with less risk, cost and friction than ever before. The launch comes within three months of the Bank of Uganda […]
MultiChoice Uganda, has rewarded 200 customers who took part in the Back to School promo dubbed “Sasanya Amajja” that was launched on 19th December 2019. The promo which was intended to reward DStv and GOtv customers who subscribed or reconnect their DStv or GOtv for a period of two months running from December 2019 to […]
The Church of Uganda has signed a Memorandum of Understanding with World Vision Uganda to implement initiatives that can address key human rights challenges mostly facing Ugandan children. The MoU, that was signed by the Church and the humanitarian agency, will see the Bishops from various Diocesan and the Ministers spread a Gospel of Children […]
Somaliland is asking Pakistan to extend its “Look Africa Policy Initiative to the Horn of Africa. A delegation from Somaliland led by the Minister of Energy and Minerals Jama Mohamoud Egal and the country’s envoy to Kenya Amb Bashe Omar engaged with a host of high profile representatives from Pakistan during the inaugural Pakistan-Africa Trade […]