A report from Just Finance International, released on March 25, 2024, implicated the Ugandan army in human rights violations in the fishing communities around the shore of Lake Albert.The JFI, which closely works with their Ugandan partners under the Coalition for Sustainable Development coordinated by the Environment Governance Institute, indicates that community members have witnessed […]
Stanbic Uganda, a franchise of the Standard Bank Group, Africa’s largest commercial lender by assets, has announced a profit after tax of Shs412 billion for the period ending December 2023 representing 15.2 percent growth from Shs357 billion earned the previous year.Trading on the Uganda Securities Exchange as Stanbic Uganda Holdings Limited (SUHL), it runs five […]
For the first time in its 20 years, the National Council for Higher Education (NCHE)’s Higher Education Conference, its 5th and 14th Higher Education Exhibition, has been held outside Kampala. Uganda Christian University (UCU) in Mbale City hosted the three-day event from March 21 at its Graduation Ground at Pallisa Road, the first Regional Higher Education […]
The National Identification and Registration Authority (NIRA) is in the final stages of recruiting people who will work on the mass enrolment and mass renewal exercise that targets issuing Ugandans with new digital National Identity Cards.In this exclusive interview, Edwin Tukamuhebwa, the Manager of Registration and Operations at NIRA, provides progress so far made in […]
Plans are underway for members of the private sector led by the Uganda Manufacturers Association (UMA) to set up the Uganda Fraud Database. It is believed that the incoming database will provide a solution to the increasing levels of fraud and financial crime.Francis Gimara, the Head, Alp East Africa, and promoter of the database, said […]
Kiira Motors Corporation has presented a Shs524 billion investment budget to the Presidential Affairs Committee of Parliament. The budget proposal was contained in the Ministerial Policy Statement and Budget Estimates for the FY 2024/2025.“We are counting on guidance and support from the government to explore sustainable, timely and innovative funding for the Corporation”, Paul Isaac […]
The Uganda Microfinance Regulatory Authority (UMRA) is suggesting new changes in the traditional money lenders’ loan structures. The changes among others suggest caps on interests charged by the money lenders.The changes are part of the proposed amendments to the Microfinance laws and regulations.“As the regulators, we are mandated to make sure that there is sanity […]
The State House Investors Protection Unit and the National Planning Authority (NPA) have recently held a brainstorming meeting on the establishment of an Indigenous Patient Capital and Cross-border African Investment Bank.The meeting was held at the State House Investors Protection Unit Offices in Kampala.The meeting comes hot on the heels of the President’s directive to […]
Stanbic Bank Uganda has announced the official commencement of the 9th edition of the esteemed National Schools Championship (NSC).This call for application event took place on Monday 18th March 2024 during a meeting of Municipal and District Education Officers (DEOs) convened at the National Teachers College Muni in Arua City.The National Schools Championship is an […]
President Yoweri Museveni has promised to remove the Fisheries Protection Unit (FPU) from the water bodies and hand over the administration of fishing communities to the elders.“In the month of May, I want you the people who are near the lakes to guide me, to get the elders of this area; they should be the […]
