Kampala, Uganda | THE INDEPENDENT | United Nations High Commissioner for Refugees (UNHCR) on Wednesday commended Uganda for allowing to host fleeing Afghan nationals. The UN refugee agency said in a tweet that Uganda chose to open its doors to Afghan nationals in their hour of need. “Uganda has a long-standing …
Read More »Uganda Airlines to fly the A330neo to Nairobi this week
Kampala, Uganda | AIRSPACE AFRICA | Following the successful addition of its pair of A330-800s to its Air Operator’s Certificate (AOC), Uganda Airlines is now embarking on marketing its new product across its network, according to a report by aviation website Airspace Africa. This week on the 27 and 29th of August, travelers …
Read More »dfcu Bank cuts dividend payout to Shs 13bn
Long serving board chairperson Elly Karuhanga retires in September Kampala, Uganda | ISAAC KHISA | dfcu Bank has cut dividend payout to its shareholders by 65.5% to Shs17.83 per share, equivalent to Shs 13bn for the year ended Dec.2020 to preserve more capital for any uncertainties that would occur owed …
Read More »NBL economic forum exposes opportunities, tax risks
Minister Kasaija promises more government support to boost private sector growth Kampala, Uganda | JULIUS BUSINGE | Nile Breweries Limited, a subsidiary of the Belgium based ABInBev, on Aug. 18 held a virtual Economic Forum to highlight the company’s contribution to Uganda’s economy, bringing to light the effect of the …
Read More »First batch of Afghan evacuees arrive in Uganda
Kampala, Uganda | THE INDEPENDENT | The first batch of 51 Afghan evacuees arrived in the country this morning aboard a chartered flight, according to the Foreign Affairs Ministry. “The evacuees who included women, men and children underwent the necessary security screening as well as the mandatory COVID-19 testing and the …
Read More »Investors in extractive sector don’t need incentives- tax expert
But government technocrats disagree saying there are objectives in doing so Kampala, Uganda | ISAAC KHISA | Investments in the extractive sector has become the next big thing in the East African region but there are concerns that the governments could extend huge tax incentives like they have done in …
Read More »Uganda gets new WFP Country Representative
Kampala, Uganda | Ronald Musoke | Abdirahman Meygag has replaced El-Khidir Daloum as the new United Nations World Food Programme Representative in Uganda. Meygag started work at the beginning of August after presenting his credentials to the Ministry of Foreign Affairs in Kampala. Gen. Abubaker Jeje Odongo, Uganda’s Minister of Foreign …
Read More »Shoprite exit: Can foreign retailers survive in Uganda?
Kampala, Uganda | THE INDEPENDENT | The confirmation on Monday by the South African based retailer Shoprite, that it was quitting Uganda and Madagascar, raises more questions about the ability of Uganda’s economy to sustain a global investor. The management of the Johannesburg listed retailer, said it was refocusing its resources …
Read More »Govt clamps down on 54 NGOs
Move follows banning of more than 12,000 CSOs Kampala, Uganda | RONALD MUSOKE | Civil society organisations have reacted with dissatisfaction at the government’s closure and suspension of 54 NGOs many of which work in the areas of transparency, accountability and governance across the country. On Aug.20, the National Bureau …
Read More »Uganda Rwanda relations
The forgotten feud awakens? Kampala, Uganda | IAN KATUSIIME | Ten years after President Yoweri Museveni and his Rwandan counterpart Paul Kagame starred in high profile reconciliation, there seems no path to making peace again after two years of border closure. Instead, new tensions could flare up. In July, Rwanda …
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