Block 7
Demand For Credit Slows With Raising Interest Rates
The banking industry has defended its changing mode of operation which sections of the public describe as less friendly, saying they have learnt from the effects of global shocks on the businesses and economies generally. In recent times, Bank of Uganda has compelled commercial banks to increase their lending rates even as the demand for…
Here Is Why Speke Apartments Wampewo is a great place to offer you Ultimate Comfort, Peace of Mind in Kampala
Staying and working in Kampala can be dreadful, especially for middle-class people who spend the entire day up and about with clients, tasks, and so on. At the end of your busy day, you ultimately deserve to rest your body and mind in an environment that offers you great peace and relaxation, and this is…
Uganda, Tanzania Renew Commitment To Secure EACOP
Senior officials from Uganda’s petroleum authority (PAU) and Tanzania’s energy and water utilities regulatory authority (EWURA)—the agencies that have regulatory powers over the oil industry in the two countries—have renewed their commitment to secure the East African Crude Oil Pipeline (EACOP). The officials have agreed to jointly cooperate in the regulation and monitoring of the…
DFCU Bank Records 51% Decline In Half Year Profits
Dfcu Limited has recorded a 51 per cent drop in profitability for the first six months this year, according to its half-year financial results for the period ended June 30, 2022. The bank reported Shs18.7 billion in net profits after tax compared to 5hs49.9 billion in the corresponding period in 2021, representing a 51% slump…
PICTORIAL: Indian Association, Lohana Community Honors Delhi Public School International Students Who Performed Dance In The India Day program With Participation Certificates
Delhi Public School International (DPSI) students who performed Dance in the India Day program have been honoured with participation certificates issued by the Indian Association & Lohana Community, Kampala. According to the school, Students received special appreciation and the Certificates from the School Principal Mr. Swami. Delhi Public School promotes scientific thinking in children as…
Why Dolphin Suites Is Your Answer For a Marvelous Wedding This 2022
Dolphin Suites, managed under the Speke Group Of Hotels a Ruparelia Group Company is undoubtedly the only venue in Uganda that will host your wedding in the most precious way at relatively favorable rates this 2022. Located in Bugolobi a suburb of Kampala, Dolphin Suites is a unique hotel offering 27 luxurious and comfortable hotel…
Over 1,000 Displaced By Floods In Bukedea District
More than 1,000 people have been displaced by floods in Kamutur sub county, Bukedea district. The floods have also washed away 344 pit latrines and more than 12,000 gardens after River Atari burst its banks on Monday. Joyce Chemeri, a resident in Amutur village says she had to seek shelter with her family in the…
Family Sues JARO Hospital For Holding Son Over Medical Bills
Jaro Hospital is in trouble for allegedly detaining Robert Ssentongo, a 15-year-old boy due to failure of his family to clear a medical bill of Shillings 4.8 million. The teenager’s family has dragged Jaro Hospital, Kyaliwajjala to the High Court Civil Division. Sentogo’s father, Raymond Mugerwa, a resident of Kikabya village, Bunyiri parish, Kyampisi sub…
On Top: Singer Angella Katatumba Partners With Masters Music To Release ‘Masterpiece’ Album
One of Uganda’s top vocalists, musician Angella Katatumba has partnered with Masters Music studios to release her new incoming music album titled “Masterpiece” as she seeks to yet again take the Ugandan airwaves by storm. Masterpiece album is a fifteen (15) track album that is primarily centred on the life of Katatumba and features top…
Museveni Retires 48 Army Generals
President Yoweri Museveni, the Commander In Chief of the armed forces has retired 48 generals of the Uganda People’s Defense Forces at a ceremony held at State House Entebbe, Wednesday. General Elly Tumwine, who died last week and was buried on Tuesday was supposed to be the 49th of the retiring generals. Speaking at the…