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Huawei Digitruck Fruits in Lango Sub-Region Lauded

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Group Photo with some beneficiaries Alebtong

Huawei Uganda hosted a graduation ceremony for the 241 beneficiaries of Lango Sub-Region at Boma Grounds in Alebtong District. The Chief Guest of the event was the Government Chief Whip Denis Obua. Other guests included the different local leadership of the Sub-region and the Huawei Deputy Managing Director of Huawei Uganda, Gao Jian.The tech giant […]

Golf Gets Shs500m Sponsorship Boost

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Arthur Kiwanuka,Stanbic's Head of Affluent Banking and Sam Mwogeza,Stanbic's Executive Head of Personal and Private Banking handover a dummy cheque to the Entebbe Club Chairman and Captain recently

Stanbic Bank has announced a three-year UGX500 million sponsorship of the renamed Stanbic Match Play Challenge. The event will span eight months, culminating into a grand finale slated for this October and feature both professional and amateur players.This comes after the partnership between Singleton and the Entebbe Club management came to an end late last […]

State House, UNOC Discuss Oil & Gas Sector Progress

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4-SHIPU and UNOC joint Press briefing on the Investments on the Oil and Gas sector in Uganda

The Head of the State House Investors Protection Unit, Col. Edith Nakalema, has assured Ugandans that the government is committed to ensuring that the target of producing the first oil in 2025 is achieved.“Government is not only committed to deliver the first oil but it is also looking forward to ensuring that the interests of […]

Uganda Spends $677m Treating Alcohol-Related Diseases

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The Minister of State for Primary Health Care, Margaret Muhanga, has revealed that Uganda spends over $677,490,337 (Shs2.654Trn) to treat alcohol-related diseases in the country & called for the legal age for alcohol consumption to increase from 18 to 21years.“As Ministry of Health, we use an estimate of $677,490,337 to treat diseases that are caused […]

Weak Shilling Forces Central Bank To Adjust CBR Upwards

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A Bank of Uganda special Monetary Policy Committee (MPC) meeting has increased the Central Bank Rate (CBR) to 10 percent, up from 9.5 percent announced in February.The Central Bank’s Deputy Governor, Michael Atingi-Ego, said the decision to increase the CBR was informed by the depreciation of the Shilling.Rising inflation Both headline and core inflation rose […]

Ugandan Appointed Standard Bank Group Global Markets Head  

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Anna Juuko 1-05

The Standard Bank Group has appointed Stanbic Bank Uganda Chief Executive Anne Juuko to a new leadership role as Global Markets Regional Head-East Africa.The appointment is effective 1 April 2024. A successor will be announced in due course.Kayode Solola, the Standard Bank Group Executive Head for Global Markets—Africa Regions said, “I congratulate Anne on this […]

UMA Makes Request For Govt Support Through Public Private Partnerships

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To grow the country’s economy by 12 percent as envisaged in the National Development Plan III, manufacturers must be supported through Public Private Partnerships (PPPs).The suggestion was made by Deo Kayemba, the Chairperson of the Uganda Manufacturers Association (UMA), at the inaugural UMA Pre-budget Breakfast Dialogue on 5th March 2024 at the UMA Multi-purpose Hall […]

Girls Cebrate International Women’s Day With Standard Chartered

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Margaret Kigozi the Head of Corporate Affairs Brand and Marketing addressing the mentees 3

Standard Chartered Bank Uganda and BRAC have celebrated International Women’s Day with 50 girls whom they have been supporting as part of the Goal Girls programme.The Mentor’s Den event was dubbed “a conversation with the Goal girls” under the Topic: Turning passion into success.A Mentors’ Den is a small group session that brings together Futuremakers […]

URA Intercepts Bleaching Cosmetics In City Centre

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An investigation by Uganda Revenue Authority (URA) customs officials gathered information that different traders were dealing in different fake and risky cosmetics that promise to “brighten” and lighten skin colour and add “extra beauty” at Nabugabo, an arcade located in downtown Kampala.The tax body during the operation also found that different stores in Nabugabo were […]

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