Breaking News
IMF Clears Uganda For UGX 455Bn Credit After Good Performance
The International Monetary Fund-IMF, has given Uganda a clean bill of health regarding the handling of the COVID-19 pandemic, the funds and the economy as a whole. For this, the Fund’s board has allowed for the immediate release of 127 million US Dollars (about 455 billion Shillings) for the country as part of the Extended…
‘Start Small & Work Hard. Don’t Borrow For Real Estate Development Until You Have Four Properties’ – Dr Sudhir
Property Mogul Dr Sudhir Ruparelia has shared from his wealth of experience in real estate development, advising potential developers not to rush into borrowing until they are able to finance their loans. Sudhir made remarks earlier this morning while appearing on Uganda Revenue Authority’s e-Bomba Business Summit as one of the key note speakers on…
Doom Looms As LDC Student Sues Minister Baryomunsi, Wants Shs 215M Compensation
A student at Law Development Centre (LDC) has run to court seeking Shs 215 million from the state minister for Housing Dr Chris Baryomunsi over alleged defamation. Godfrey Akampulira aka Akampa in his notice, claims that between August and November 2019, Baryomunsi and five others posted malicious statements on a WhatsApp group known as “Esau…
Cash Bonanza: Kyagulanyi Orders NUP MPs To Return UGX 40M Handout
Members of Parliament have each been given 40 million Shillings for unknown reasons at a time when the country is grappling with ever-increasing commodity prices. Speaking to Uganda Radio Network, a dozen of MPs majority of whom asked for anonymity to speak freely on the issue, said that the money was dished out over the…
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UIA Issues Investment Licence To Bar Aviation
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.…
Resourceful Premier Recruitment Sources More Jobs For Bike Riders In Dubai
Premier Recruitment Limited a local outsourcing firm has announced more jobs for Ugandan youths that will see them earn over Shs2.4 million per month. According to the poster, bike riders are needed in Dubai. The requirements for applying for the job include; CV, registration fee, passport, driving license, age (24-35 years), medical fitness, and fluency…
SHOCKING REPORT! Ugandans Leading Pork Eaters In Africa, 2nd In The World, See How It Managed
The people of Uganda have been named as the biggest pork consumers in Africa and second globally. According to the Daily Monitor Uganda’s big appetite for pork was disclosed by the International Livestock Research Institute (ILRI). On average one Ugandan eats 3.5 Kg of Pork annually, the East African nation is the biggest pork consumer in Africa…
M7 Meets New Russian Ambassador, Discuss Bilateral Trade
President Yoweri Kaguta Museveni has received credentials of the new Ambassador of the Russian Federation to Uganda H.E. Semivolos Vladlen. Amb. Semivolos was accompanied by the Chargé d’Affaires Dr. Evgeny Kalashnikov. The fountain of honour told his guest that the relationship between Africa and the Soviet Union started immediately after the communist revolution against socialism…
