The former Vice President, Prof Gilbert Balibaseka Bukenya, called for the return of a national bank to revive the country’s economic growth. Bukenya who is the MP for Busiro North in Wakiso district said that it was wrong for President Yoweri Museveni’s government to privatize the national bank which could have been used to help poor Ugandans […]
President Yoweri Museveni has reiterated his call to all church leaders in the country to intensify the sensitization of the masses on the fight against poverty and its eradication from homesteads. “As leaders, we must give equal opportunity to everybody. In the Bible, it is written that seek ye first the kingdom of heaven and […]
The Prime Minister, Dr Ruhakana Rugunda, has said all obstacles delaying progress on the Kampala- Entebbe expressway should be expeditiously addressed to ensure that the project is completed on time. Dr Rugunda said any delays in the completion of the project will be costly to the country adding that issues such as land compensations and […]
In a speech read by the Prime Minister Dr. Ruhakana Rugunda, President Yoweri Kagutta Museveni said a major element of reforming business operations is to invest in peace so as to guarantee the security of persons and property. This was at the opening of the 6th Ease of Doing Business Initiative (EDBI) Conference for Eastern and […]
The first East African Manufacturing Business Summit will be held 1st and 2nd September 2015 at the Speke Resort in Kampala, Uganda. Themed Unleashing the Manufacturing Potential of East Africa, the Summit seeks to address existing gaps in the policy and business environment by bringing together key manufacturers, supply industries, wholesalers and retailers as well as policy makers from […]
Entrepreneurs have been challenged to always involve financial institutions in businesses so that they can thrive. The Commissioner of Financial Services at the Ministry of Finance Steven Kasangaki asked Ugandans to embrace the culture of banking and also insuring their businesses in order to prosper. Speaking at the 7th Finance, Banking and Insurance expo at […]
The Uganda Manufacturers’ Association has launched a project that seeks to provide internship opportunities to University graduates in a move to equip them with skills. The Internship Program targeting students mainly pursuing courses in Science and Technology will offer them an opportunity to have practical experience with various industries. The Project running from 2015-2017, aims […]
As they do every year for the last 29 years, Forbes Magazine has released their World’s Billionaires list. The list has a total number of 1,826 individuals, the highest number to date, and includes the usual suspects as well as some new members who made it to the coveted list. Bill Gates tops it again with […]
There is fear that a suspected Al-Qaida leaning group could be operating a small bank in Kampala where it bases to fund its activities around Africa. Uganda’s security intelligence is still investigating the validity of the development. The development comes at a time when Al Shabaab Islamists have just hit a Shopping Mall in Nairobi […]
Mps on the National Economy committee have grilled officials of Bank of Uganda led by the Director in charge of supervision Justine Bagyenda over looking on as commercial banks are causing businesses to close down by charging high interest rates. Appearing before the committee chaired by Buliisa county Stephen mukitale wondered how commercial banks charge […]