Samuel Muhimba

Promising future for local football as corporate firms inject millions into the sport

Some of the biggest sponsorships contracts include Uganda Cranes (Airtel Shs10 billion, Bidco Uganda Limited – BUL Shs300 million and National Insurance Company – NIC Shs570 million), Azam Uganda Premier League at

January 25, 2018

by Samuel Muhimba

Are online cab drivers cheating passengers?

The last two years have seen the proliferation of online cab operators in Uganda’s transport milieu. It’s the digital era so a taxi should be at your palm, with bookings and often payments done using smartphones. In June 2016,

January 25, 2018

by Samuel Muhimba

Internet wars: Telecom ‘elephants’ fight but customers have the last smile

When giant telecoms engage in internet data wars, the old saying that when two elephants fight,

Uganda launches baseline reports on development minerals sector

The report is undertaken with six focus countries of Uganda, Cameroon, Guinea Conakry and Zambia. The

Iliana Bjorling (left), Chief Marketing Officer, Jumia with Airtel Money Head Merchant Portfolio Godfrey Muhindo at the launch of the partnership. Muhindo said that the partnership is a significant step forward in Airtel’s ambition to digitize Ugandans and promote financial inclusion

Airtel Uganda seals huge Partnership with Jumia to ease consumer transactions

Airtel Uganda has announced a partnership with Uganda’s largest online marketplace, Jumia that will enable subscribers to complete payments directly on the platform. The partnership enables Airtel Uganda subscribers to quickly and

September 8, 2020

Company News

Bank of Uganda Governor, Prof Tumusiime Mutebile reveals that the reforms have in part included automation of the auction processes to enhance efficiency and price transparency, which has increased the global visibility of Uganda’s financial markets

BoU Names 7 Primary Dealer Banks as it Announces Reforms to Enhance Liquidity in Financial Market

The Bank of Uganda in collaboration with the Ministry of Finance, Planning and Economic Development, has this afternoon announced that it has undertaken reforms to the Government securities market as part of

September 7, 2020

The Big Story

Janet Museveni, the Education Minister. Usually, the government releases capitation grant to schools to help in running school activities, however due to the closure of schools in March by the government to combat the spread of COVID-19, the funds that were supposed to be released in July have not been released. Courtesy photo

Schools re-open on September 20: Janet Museveni asks Finance Minister to release capitation grant

Firsts Lady and Minister of Education Janet Museveni has written to the Minister of Finance, Matia Kasaija asking him to release the capitation grant for third term as the education sector sets

September 7, 2020

Banking & Financial Services

The new members of the senior management team representing different departments

URA announces new senior management Team

Uganda Revenue Authority (URA) has announced new appointments in its Corporate Services, Domestic Taxes, Customs and Internal Audit & Compliance departments. This follows the recent appointments to its Senior Management team including

September 2, 2020

Company News

National Council for Higher Education permits Victoria University to roll-out e-learning during Covid-19 lockdown

Uganda’s fastest-growing private university, Victoria University has been granted permission by National Council for Higher Education (NCHE) to roll-out E-Learning. In July, NCHE released guidelines for e-learning in institutions of higher learning

September 2, 2020

Company News

Among the requirements for Registration of Wooden Pole Service Providers includes that a Wooden Pole Supplier shall keep a register of all the persons from whom it sources poles for treatment.

ERA begins regulating use of wooden poles

Electricity Regulatory Authority (ERA) has approved and gazetted the Electricity (Acquisition and Use of Wooden Poles in the Electricity Supply Industry) Guidelines, 2020 as part of its mandate to develop and enforce

September 1, 2020

Company News

Fruits in a market. Annual Food Crops and related Items Inflation went up for the year ending August

Uganda’s Annual Headline Inflation for August declines to 4.6 percent

Uganda Bureau of Statistics (UBOS) yesterday released Consumer Price Index (CPI) statistics for August 2020 showing a decline in Annual Headline Inflation of 4.6 percent compared to 4.7 percent recorded in July

September 1, 2020

Banking & Financial Services

With the impending school reopening, Absa says that they are aware that parents will face challenges meeting school fees obligations.

COVID-19: Absa Group earnings decline by 82%

Absa Group Ltd, parent group of Uganda’s 3rd largest bank by assets and customer deposits, has reported an 82% decline in normalized interim earnings after impairments increased four-fold to R14.7 billion (UGX3.2

August 27, 2020

Company News

Dr Elly Karuhanga. He is also the Founder President and Chairman, Governing Council, Uganda, Centre for Arbitration and Alternative Dispute Resolution (CADER) formed in 1998.

Elly Karuhanga re-elected dfcu Limited Chairman

Prominent City lawyer and business man Elly Karuhanga, has been re-elected as dfcu Limited Chairman, the holding company of dfcu Bank, the 5th largest bank by assets. Karuhanga’s re-election was announced during

August 26, 2020

Company News

Nevin Bradford, CEO of CiplaQCIL. He says regardless of the negative impact of Covid-19 towards businesses in the country, the company was focused on driving shareholder value through increased revenues and profitability

CIPLAQCIL acquires Quality Chemicals Limited’s Human Health Care business in UGX4.6 billion deal

Leading Pharmaceutical manufacturer CIPLAQCIL has announced the acquisition of assets of Quality Chemical’s Limited’s Human health care business portfolio in a deal worth US$ 1.27 million (UGX4.6 billion). In a statement to

August 24, 2020

Company News

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Samuel Muhimba

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