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Uganda Is Fertilize For Investment -DS Tayabwa
The Deputy Speaker of Parliament Thomas Tayebwa has told investors in the United Kingdom that investing in Uganda is a sure deal to the success of their projects because of the prevailing excellent investment environment in the country. He said the investors are guaranteed of security and a huge return on the investment, citing non-tax…
Covid-19 Crisis: Real Estate Dealers Optimistic Sector Will Be Profitable Again
Operators in the real estate sector in Uganda have expressed optimism, belief and faith in the industry that they say has been hit hard by the ongoing COVID19 pandemic. They say that with the economy opening up after the global lockdown, businesses will normalize and players in the sector will be able to make some…
Cecilia Atim Ogwal: A fearless Ugandan Politician Who Spoke Her Mind and Challenged Conventions – President Museveni
President Yoweri Kaguta Museveni has praised fallen MP Cecilia Ogwal describing her as an accomplished woman whose legacy on Uganda’s democratization process and women’s emancipation shall live for centuries to come. The head of state says much as she subscribed to the opposition, her democratic principles were cross-cutting, and that her opinions meant good for all…
Just In: Samia Suluhu Swears In As First Female Tanzania President
Tanzania’s Vice President Samia Suluhu Hassan was sworn in as president on Friday, becoming the first female head of state in the east African country after the death from heart disease of president John Magufuli, Africa’s most vocal COVID-19 sceptic. Hassan, 61, was sworn in at State House in the country’s commercial capital Dar es…
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Double Loss: Court Trashes Simbamanyo Estates Loan Case Appeal With Costs
The Court of Appeal in Kampala has dismissed with costs, an application in which the proprietors of Simbamanyo Estates Ltd had sought to halt the auctioning of its prime properties in Kampala which was meant for Equity Bank Ltd to recover outstanding loans worth $10.8 million (about Shs40 billion). Justice Christopher Madrama ruled that Simbamanyo…
Judge Asked To Step Aside In Simbamanyo House Case
Equity Bank Uganda denied having ever facilitated or engaged in facilitating any illegal cover to have Equity Bank Limited and Bankone Limited engage in financial institutions business in Uganda. Peter Kamya, an architect, has asked Justice Boniface Wamala to disqualify himself from hearing Simbamanyo House cases, citing bias. “The judge has not conducted himself in…
‘Go & Make Clean Money’- Premier Recruitment Sources More Security Guard Jobs For Youths To Work In Qatar
Premier Recruitment Limited, undoubtedly Uganda’s top recruiting agency has secured more jobs for Ugandans to work as Security Guards in Qatar as the company continues to overhaul the unemployment rate in the country. The company announced this through its socials saying; ”Security guards (only for males) in Qatar at an excellent salary of UGX1,500,000 plus…
Top 10 Weakest Currency Rates in Africa
Exchange rates are important in the global economy because they influence international trade, investments, and tourism. Understanding how exchange rates function and how they affect different sectors of the economy is critical for businesses, tourists, and governments. Exchange rates show how valuable a currency is in relation to other currencies. The strength of a country’s…
Dfcu Chief Executive Katamba Bows Out As Uganda Bankers’ Association Chair
Members of Uganda Bankers’ Association (UBA) a few days ago held their annual general meeting and elected Sarah Arapta, as the new Chair taking over from Dfcu Bank Chief Executive Officer Mathias Katamba who has served for two years (2020 & 2021). Ms. Arapta is the Chief Executive Officer of Citibank Uganda. Mr. Katamba in…
Noor’s Restaurant Opens Doors To Clients At Kingdom Kampala
A new restaurant, Noor’s Restaurant, has opened its door to Kampala dwellers at Kingdom Kampala mall, a plush rental property located on Nile Avenue, Nakasero Hill, in Kampala, Uganda. The fast-food restaurant was launch was graced by businessman Dr Sudhir Ruparelia on December, 31, 2020. In his address, the businessman urged Ugandans to stay safe…
