Sale of leaf business takes toll as Tobacco Control Act also gets set to bite By Patrick Kagenda In December last year, British America Tobacco Uganda (BATU) issued a public statement warning shareholders and potential investors that their profits would be significantly lower (by about 20%) than the previous year’s …
Read More »The Chinese imports scourge
Govt, manufacturers tussle as cheap Chinese imports supplant local content at big infrastructure projects Abid Alam, the proprietor of Steel Rolling Mills, knows who is responsible for the predicament facing the manufacturing sector – the government, which has failed to enforce guidelines that contractors undertaking the ongoing big infrastructural projects …
Read More »MTN’s MoKash to the rescue
Telecommunication giant MTN Uganda this week launches yet another ground-breaking product. The initiative, dubbed MoKash, which is being set up in partnership with Commercial Bank of Africa (CBA), will benefit all registered MTN Mobile Money subscribers who will be able to take small loans in a matter of minutes. What makes …
Read More »Hepatitis: Ignored killer
Patients go without drugs as billions are spent on vaccines World Hepatitis Day was marked on July 28 under the theme, `Know hepatitis Act now’. It was designed to focus this year’s activities on increasing global awareness and strengthening prevention, diagnosis, and treatment services around the world. The increased focus …
Read More »JOBS: Investigator – Internal Oversight Services Entebbe
Job Opening Posting Title: Investigator Job Code Title: INVESTIGATOR Department/Office: OFFICE OF INTERNAL OVERSIGHT SERVICES Duty Station: ENTEBBE Posting Period: 04 August 2016 – 02 October 2016 Job Opening Number: 63860 Staffing Exercise N/A APPLY HERE Share on: WhatsApp
Read More »BOXING: Briton too good for Uganda’s Katende
Rio de Janeiro, Brazil | AFP and Agencies | A light heavyweight prospect who chose Britain over Ghana to pursue his Olympic dreams clocked the first knock-out of the Rio Games boxing after pulverising his outclassed opponent on Sunday. Joshua Buatsi, 23, who was born in the Ghanaian capital Accra, …
Read More »Uganda’s much-discussed bailout
On March 31 2016, the total value of all loans in Uganda’s commercial banking industry was Shs21.7 trillion of which Shs528 billion were non-performing loans (or “bad loans”) i.e. 2.64% of the total. Under the effective oversight of Bank of Uganda, especially its director for supervision; Justine Bagyenda (known in …
Read More »Kayihura in trouble over brutality
Will Museveni back or sack police chief? On July 12, dozens of police officers assisted by militia goons pounced on jubilating supporters of de facto opposition leader Kizza Besigye in downtown Kampala city and clobbered them with sticks and metallic cables, and even run over one man with a police …
Read More »VIDEO: Museveni urges Ugandan athletes to show national pride in Brazil
THE Pride of Uganda is in the hands of 21 athletes who represent the country in the summer Olympics that officially opened in Rio on Friday . Those were the sentiments of President Yoweri Museveni s as he flagged off the 2nd batch of athletes to Brazil. The President urged …
Read More »Museveni tours Chad oil facilities
President Yoweri Museveni started his two-day visit to Chad by touring their oil facilities on Sunday. In N’Djamena for the swearing-in ceremony of President Idriss Deby to his fifth term in office, Museveni jumped on a helicopter to inspect the country’s oil refinery. Over 15 heads of state are expected to …
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