The Government Chief Whip, Denis Hamson Obua, on Friday closed the 13th UK-Uganda Investment and Trade Summit in London with an emphatic enumeration of bankable benefits of investing in Uganda. Obua told the participants at the event that Uganda is open to trade and investments and the Government is executing deliberate plans to incentivize the…
TV East is the latest Television Channel in the Vision Group portfolio. TV East focuses on the Eastern region of Uganda largely viewers who speak or comprehend Ateso and Lumasaba languages. The channel is now exclusive on StarTimes platform Channel 483 on Satellite decoders in the Nova bouquet. “We are excited to announce the launch…
Billionaire businessman, as well as the largest Ugandan and individual equities investor on the Uganda Stock Exchange, has endorsed the Airtel Uganda IPO, saying that it is a good buy. He made remarks while Speaking to the CEO East Africa Magazine on the sidelines of the Airtel Uganda launch of its IPO prospectus, Dr. Sudhir…
In an era marked by rapid technological advancements and a burgeoning need for economic growth, Uganda has positioned itself as a favorable destination for both domestic and foreign investors. The Uganda Investment Authority (UIA) has taken center stage in facilitating this progress, exemplified by its recent issuance of an Investment License to BAR Aviation Uganda.…
The state Minister for Investment, Hon. Evelyn Anite has commended Lagan Dott a company which was contracted to improve infrastructure in the industrial Park for tremendous work done so far. “I am quite impressed, i saw the place when it was really swampy and bushy but now it has got the tarmac which are standing…
The permanent home of Uganda Investment Authority’s One-Stop Centre for Investors has now opened its doors at its permanent home in the Uganda Business Facilitation Centre (UBFC). The Centre (UBFC) is located on Plot 1, Baskerville Avenue in the suburb of Kololo, just over two kilometres to the northeast of Kampala City Centre. In addition…
On Thursday 3rd August 2023, the Uganda Investment Authority hosted a media breakfast meeting at the Uganda Business Facilitation Center, highlighting the invaluable role of the One Stop Centre. Distinguished attendees included Hon. Anite Evelyn, the Minister of Investment, URA Commissioner General Musinguzi Rujoki, Director General Robert Mukiza, and Chairman of the Board of Directors…
A London Court of Appeal has ordered dfcu Bank, its holding company, dfcu Limited, as well as dfcu Bank’s former board chairman, Jimmy Mugerwa (now dfcu Limited Chairman), Juma Kisaame and William Sekabembe, the bank’s former Managing Director and Executive Director respectively, to pay shareholders of the former Crane Bank Limited (CBL), £1,875,000 (UGX8.8 billion)…
Crane Bank and its shareholders are on cloud nine following a Wednesday ruling where the Court of Appeal from the High Court of Justice, Business and Property Courts in England, overturned the lower court’s decision, which had exonerated DFCU bank and its shareholders from accusations of fraudulently taking over Crane Bank. In a statement inked…
The board of Directors of the embattled Dfcu-Bank has sacked its Acting Executive Director who doubled as chief commercial officer, William Ssekabembe. The company secretary, Angelin Namakula Ofwono, revealed his sack announcement. Ssekabembe with an experience of over 24 years in the banking sector leaves the struggling bank after 11 Years of service at DFCU…
