The former Chairperson of the African Union Commission Nkosazana Dlamini-Zuma  has listed four key areas that will stimulate desired economic growth for Africa as embedded in agenda 2063. Agenda 2063 is a strategic framework under the African Union for the socio-economic transformation of the continent over the next 50 years. …

Mbuya Barracks attackers found guilty The General Court Martial at Makindye in Kampala has convicted two UPDF soldiers for conspiring to attack Mbuya Military Barracks on the night of March 4, 2013. In a unanimous ruling of the 7 member panel chaired by Lt. Andrew Gutti,  they said on Tuesday that …

President Yoweri Museveni has called on professional accountants in Africa to join agencies involved in the fight against corruption as a step towards contributing to prosperity for all. “We have generated a lot of money and we need someone to record it well and that is where you the accountants …

Tropical Bank takes lead with more than 8000 customers interested in taking up Islamic banking services The Secretary General of the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank (ADFIMI), Nuri Birtek says Uganda’s commercial banks and investors need to support small and medium …

  Over 1000 participants from around the world will converge in Uganda May 2-5 to discuss matters accounting and finance. Speaking to journalists ahead of the meeting on April 30 in Kampala, Rachel Grimes, the president of the International Federation of Accountants (IFCA) said the meeting will serve as an opportunity …

  Factory price of 50kg bag up by 48% in April 2017 There is bad news for sugar consumers in the country going by current issues happening in the industry. Official figures for the year 2016 from industry controllers Uganda Sugarcane Manufacturers Association (USMA) millers – Kakira, Kinyara and SCOUL …

Senior Presidential Adviser for Special Operations Maj General Muhoozi Kainerugaba has urged youth to consider joining the Uganda Peoples’ Defence Forces (UPDF) as a way of serving their nation while maintaining physical fitness. Gen.Muhoozi made the remarks at Namirembe Cathedral grounds while flagging off the Namirembe Rehabilitation Run 2017 organized by …

Whoever breached the law in the six billion shilling oil cash payout must face the law – Museveni The chairperson of Uganda’s  parliamentary Committee on Commissions, Statutory Authorities and State Enterprises (COSASE)  Abdu Katuntu has said President Yoweri Museveni wants the solicitor General to account for sh5.6 billion supposed to have …

The High Court – Lands division, has issued an arrest warrant for Uganda’ s Attorney General William Byaruhanga, Secretary to the Treasury Keith Muhakanizi and the Director General of the External Security Organisation Ambassador Julius Ocwet,  after finding them guilty of contempt of court. Justice Andrew Bashaija ordered police to …

Bank of Africa Uganda Limited has launched a small and medium enterprises (SMEs) scheme to help small business access finance. The scheme  provides for a variety of products like unsecured bid guarantee of up to sh200 million, unsecured invoice discounting facility of up to sh200 million and asset finance loan …