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    Forbes Kalule

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    EC asks Parliament for Shs260bn for referendum on presidential term extension

    Forbes KaluleThe Big StoryApril 17, 2018

    In December last year, Parliament voted on a controversial constitutional amendment that would see the presidential age limit lifted and length of a presidential tenure extended. Although the ruling NRM…

    Barclays posts Shs72bn net profit as default hits Shs106bn

    Forbes KaluleCompany NewsThe Big StoryApril 17, 2018

    The bank’s total revenue increased by 11% to UGX258bn in 2017, up from UGX233 billion in 2016. Total income increased to UGX304.4 billion in 2017, up from UGX272 billion in…

    Flydubai makes bold comeback with Entebbe-Kinshasa direct flights

    Forbes KaluleCompany NewsApril 16, 2018

    The Kinshasa service is a bold comeback for the carrier that in February 2016 was forced to withdraw from three routes – Bujumbura, Kigali and Kilimanjaro, just fifteen months after…

    MTN pays Shs20bn to UCC’s development fund

    Forbes KaluleCompany NewsApril 16, 2018

    ICT minister Frank Tumwebaze said everyone should be able to exploit the opportunities that arise within the ICT sector irrespective of their location, physical inability, age, gender, level of literacy,…

    Stanbic is Best Performing Bank in govt securities

    Forbes KaluleCompany NewsApril 12, 2018

    Launched in 2005, the Primary Dealer (PD) system aims to promote participation in Uganda Government securities markets, to foster the development of financial markets, to improve the secondary market trading…

    Loan defaulter moves to sue Barclays for Shs1.7bn over published photo

    Forbes KaluleLegal & JusticeApril 11, 2018April 11, 2018

    Last week, seasoned lawyer Fred Muwema warned banks that their fascination with publishing images and other data about clients who fail to meet their loan obligations was not only wrong…

    No change in central bank rate at 9%

    Forbes KaluleThe Big StoryApril 11, 2018

    Mutebile said there has been growth in all major sectors. Agriculture grew by 6.1% in 2017 from a decline of -0.4% in 2016, the service sector grew by 8.1% from…

    Uganda signs Shs16 trillion oil refinery development deal with AGRC Consortium

    Forbes KaluleThe Big StoryApril 10, 2018April 11, 2018

    The signing of the PFA means pre-Final Investment Decision (FID) activities like Front End Engineering and Design (FEED), Project Capital and Investment Costs Estimation (PCE), Environmental and Social Impact Assessments…

    Dr Kasekende, it is too early to dance on Crane Bank’s grave

    Forbes KaluleCompany NewsThe Big StoryThought LeadershipApril 10, 2018April 10, 2018

    On April 06th 2-18, Bank of Uganda Governor, Dr Louis Kasekende, spoke out, for the first time in a long time about the sale, by Bank of Uganda of Crane…

    Govt moots new tax on mobile money, smartphones and import of cars older than eight

    Forbes KaluleThe Big StoryApril 9, 2018

    Clause 14B of the Bill prepared by Eng. Monica Azuba Ntege, the minister of works and transport, adds that a person who imports a motor vehicle which is five years…

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