Albert Saltson has been appointed the new Chief Executive Officer (CEO)/ Managing Director of Standard Chartered Bank Uganda. The Ghanaian has been urged to put energies on fighting the rising cases of money laundering that threat the bank’s profitability and the Ugandan economy. Share on: WhatsApp
Read More »VIDEO: Kampala’s missing road signs
VIDEO: Many of Kampala’s road signs have been stolen, or were never installed originally. This is a cause of chaos especially during the rush hour with traffic policemen often forced to make hard decisions to solve wrangles between road users. In the following report, Samson Kasumba looks at the nightmare …
Read More »VIDEO: Golola cries foul over long wait for Museveni pledge
VIDEO: Kick boxer Moses Golola’s dream of establishing an academy seems to be first fading. The kick boxer is crying foul of over what he says is a failed fulfillment of president Yoweri Museveni’s pledge. He cites hide and seek from the president’s aides. Share on: WhatsApp
Read More »VIDEO: Uganda crowns Pearl of Africa tourism expo with awards
VIDEO: Uganda’s Vice President Edward Ssekandi wants everyone involved in domestic tourism to try and expand on the range of tourism products across the country. This as different government institutions channel efforts towards increasing the number of visitors coming into the country, with a target of over 20 million arrivals by …
Read More »VIDEO: No compensation for illegal settlers – Museveni
VIDEO; President Yoweri Museveni has ruled out compensation for settlers on contested land at Bukasa – next to the Kampala Industrial Business Park, Namanve. The land is contested by the National Forest Authority which claims it is part of Namanve Forest Reserve. Museveni has also vowed to discipline officials of …
Read More »Banks high interest rates hurt more than lenders
World Bank describes impact on business growth, spending, saving culture. The banking segment is the most visible face of Uganda’s financial sector. So could the bad name it currently carries be hurting individuals and the economy generally? The World Bank Manager in Kampala, Christina Malmberg Calvo, thinks so and she …
Read More »ARTS: Inside Immy Mali’s pain machine
Some people like to complain over everything, even at the slightest provocation. Anderu Immaculate aka Immy Mali prefers to seek solutions to problems. Any problem, that is. This includes complex social issues that many would rather keep under wraps or discuss in whispers and hushed tones. Unfortunately (or fortunately for …
Read More »Tanzania to host 2017 Nile Basin Day event
Representatives of the 10-member states of the Nile Basin Initiative (NBI) converge in Dar-es-Salaam on Wednesday to celebrate 18 years of cooperation. Since February 22 1999, NBI has focused on activities aimed at assisting Member States to achieve their development objectives through Nile Cooperation. “That day, in 1999, marked a …
Read More »Museveni launches gold refinery, to abolish royalty tax
President Yoweri Museveni on Monday commissioned Uganda’s first gold refinery with a promise to abolish royalty taxes to boost the sector. The newly-built $20 million African Gold Refinery in Entebbe, is the first of its kind in the region and has the capacity of processing up to 300 kg of gold weekly. It has …
Read More »Sam Turyatunga: Turning fruits into a lucrative business
Tursam Investments Ltd now worth Shs124million is targeting exporting fruit juice across the region Like the rest of Ugandans, Sam Turyatunga, 28, knew well that the country had plenty of fresh fruits. But unlike the rest of the population, he decided to take an opportunity of adding value to the …
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