A new Mulago arises: The challenge the new hospital will face and what can be done to protect it from Uganda’s politics THE LAST WORD | Andrew M. Mwenda | Last week, I visited the new specialised maternal and neonatal center being constructed at Mulago Hospital. With a built up …
Read More »How Crane Bank acquisition boosts Dfcu profits
The banking industry projects to record drop in net profits Kampala, Uganda | ISAAC KHISA and JULIUS BUSINGE | Dfcu’s net profit has more than quadrupled to Shs114.05bn during the six months ending June 30 compared to Shs23.3bn recorded last year following acquisition of part of Crane Bank assets in …
Read More »THIS WEEK: Kabafunzaki corruption case hearing kicks off
THIS WEEK: Kabafunzaki corruption case hearing kicks off The anti- corruption court in Kampala on Aug.14 kicked off hearing the case in which the suspended junior Labor Minister Herbert Kabafunzaki alongside two others are accused of soliciting a bribe from Aya Group Boss Hamid Muhammed to clear his name against …
Read More »THIS WEEK: Madhavani offers Shs700m scholarship to 160 students
THIS WEEK: Madhavani offers Shs700m scholarship to 160 students For the fifteenth year running, the Muljibhai Madhvani Foundation through its scholarships sub-committee has awarded a total number of 161 University scholarships worth Shs700million to exceptionally talented yet financially challenged students for the year 2017/2018. The foundation has supported over 2000 …
Read More »THIS WEEK: Ugandan police officers set for AMISOM duty
THIS WEEK: Ugandan police officers set for AMISOM duty Newly deployed Ugandan police peacekeepers have concluded their induction into the AU Mission in Somalia, following an eight-day orientation workshop, held in Somalia’s capital Mogadishu. The police officers from the Formed Police Unit arrived in Somalia early August and will be …
Read More »THIS WEEK: KCCA in dilemma over vendors
THIS WEEK: KCCA in dilemma over vendors After a public backlash against Kampala Capital City Authority (KCCA) following a vendor’s death, the city authority recalled its enforcement officers in what appears to be an internal crisis for KCCA. Olivia Basemera, a 38 year old vendor was fleeing from KCCA officers …
Read More »Winning start for Micho, Sundowns dominance over SuperSport continues
Johannesburg, South Africa | AFP | Denis Onyango’s Mamelodi Sundowns defeated SuperSport United 2-0 Saturday to extend a South African Premiership winning streak over their Pretoria neighbours to seven matches. Sundowns have won home and away against SuperSport for the past three seasons, including a 5-0 thrashing last year. Goals …
Read More »Uganda pips Rwanda, Champs DR Congo make shock exit
Johannesburg, South Africa | AFP | Title-holders the Democratic Republic of Congo were shock African Nations Championship victims Saturday after being held 1-1 at home by neighbours Congo Brazzaville. The defending champions bowed out on away goals after a goalless first leg of the final round eliminator in Brazzaville last weekend. …
Read More »Stanbic, ICBC expose oil and gas opportunities
Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank Uganda in collaboration with the Industrial and Commercial Bank of China Limited (ICBC) have hinted that Uganda’s economy is set to reap big from oil and gas activities. Speaking at an economic forum organised by the two banks for the Chinese business …
Read More »VIDEO: ‘Africa Loses 136 Shillings Trillion in Tax Incentives per Year ‘
VIDEO: ‘Africa Loses 136 Shillings Trillion in Tax Incentives per Year ‘ Kampala, Uganda | NBS | African countries lose more than over 136 trillion shillings (the equivalent of 38.6 billion dollars) a year in tax incentives given to foreign investors. This revelation was made by Logan Wort, the executive secretary …
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