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Tullow is selling its entire stake in the Albertine Graben

Tullow Oil Summons Shareholders Over Sale Of Stake in Albertine

Tullow Oil has set dates for meeting its shareholders as part of the planned sale of its stake in the Lake Albert Development Project in Uganda. The company according to the UK

June 18, 2020

by URN

Health Ministry Spent UGX 720m to Rehabilitate Namboole Treatment Facility

The Ministry of Health has used up to UGX720 million to rehabilitate structures at Mandela National Stadium, Namboole, before it could be used as a treatment centre for COVID-19 patients. The Ministry’s Permanent Secretary Dr Diana Atwine says that the

February 4, 2021

by URN

Uganda’s Annual Coffee Export Volumes Increase by 22%

Uganda’s coffee export volumes increased by 22% in 2020 compared to the previous year. The growth

How Sudhir Defeated BoU to Retain Crane Bank Branches

City Mogul, Sudhir Ruparelia of the Ruparelia Group is in up mood having defeated Bank of

Dead Nile Perch on Lake Victoria. Courtesy photo

Low Oxgyen Killed Nile Perch in Uganda’s Water Bodies – Agriculture Ministry

The authorities in Uganda have confirmed the death of Nile Perch (Lates Niloticus) was due to low oxygen in water. According to Pius Wakabi, the Permanent Secretary Ministry of Agriculture Animal Industry

January 13, 2021

Manufacturing & Industry

State Minister for Kampala Benny Namugwanya giving a speech during a special KCCA council on October 2

Emyooga: Government Disburses UGX 4.24 billion in Kampala

The government of Uganda has disbursed UGX4.240 billion to 140 Savings and Credit Cooperative Organizations-SACCOs in Kampala as part of the Emyooga Initiative. The initiative is aimed at creating jobs

January 13, 2021

Banking & Financial Services

President Museveni (left) receives credentials of the new Ambassador of Saud Arabia, Jamal Mohammed Hassan Al-Madan. Courtesy photo

Museveni Receives Credentials of Six Ambassadors, Markets Uganda’s Investment Potential

President Yoweri Kaguta Museveni has received credentials of six new Ambassadors and High Commissioners to Uganda. These include; Netherlands, Egypt, United States of America, Japan, Saud Arabia and the United Kingdom. The

January 12, 2021

Politics & Goverment

Passengers sitted in Awakula Ennume Bus heading to Kawempe, a Kampala suburb. Courtesy photo

City Bus Operators Cheating Commuters Despite Abandoning SOPs

Some bus operators within the Kampala suburbs are still charging high transport fares despite abandoning the Standard Operating Procedures-SOPs issued by the Health Ministry to halt the transmission of the coronavirus. The

January 11, 2021

Lifestyle

The latest expansion in purchasing activity and a quickening of deliveries from suppliers meant that inventories increased for the eighth month. File Photo

Uncertainty Over Elections Takes Toll On Ugandan Traders

City traders are torn between closing their during the election period or staying on to make a little more money amid uncertainties as to how the next few weeks will be. Many are

January 11, 2021

Banking & Financial Services

Targeted beneficiaries are in sectors such as primary agriculture, Agro Industrialization and manufacturing/industry. Courtesy photo

Banks Disbursed Loans Worth UGX 2.2 Trillion Between July and September 2020

A report by the Ministry of Finance, Planning and Economic Development indicates that banks gave out loans worth UGX2.65 Trillion to the private sector in the first quarter of the financial year

January 7, 2021

Banking & Financial Services

The African Continental Free Trade Area agreement was brokered by the African Union and signed on by 44 of its 55 member states in Kigali, Rwanda on March 21, 2018. Courtesy photo

African Free Trade Deal: What is In It?

The agreement establishing Africa as one trading block came into force in 2019, setting January 1, 2021 as the date trading within the African Continental Free Trade Area (AfCFTA) would start. By

January 6, 2021

Banking & Financial Services

Candidates were, among other things, allocated vehicles for transport during the campaign period. Courtesy photo

Over UGX 1 Trillion Spent on 2021 Polls

Government has in total allocated UGX1.073 trillion to various Ministries, Departments and Agencies (MDAs) involved in the implementation of election related activities in the run up to the January 2021, general election.

January 6, 2021

Banking & Financial Services

Makerere University Business School in Nakawa, Kampala. Courtesy photo

Finance Ministry Approves UGX 4.92 Billion For MUBS Staff

The Ministry of Finance, Planning and Economic Development has agreed to resolve the long-standing wage bill woes and salary discrepancies among academic staff at Makerere University Business School- MUBS. According to a

January 6, 2021

Banking & Financial Services

Car boot sale of passion fruits. Courtesy photo

Car Boot Sales are Illegal – KCCA

The emerging car-boot Ugandan entrepreneurs are still enjoying a free ride into the market but it is a matter of time and authorities will start demanding their pound of flesh. The car

January 5, 2021

Banking & Financial Services

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URN

Tullow Oil Summons Shareholders Over Sale Of Stake in Albertine

Health Ministry Spent UGX 720m to Rehabilitate Namboole Treatment Facility

Uganda’s Annual Coffee Export Volumes Increase by 22%

How Sudhir Defeated BoU to Retain Crane Bank Branches

Low Oxgyen Killed Nile Perch in Uganda’s Water Bodies – Agriculture Ministry

Emyooga: Government Disburses UGX 4.24 billion in Kampala

Museveni Receives Credentials of Six Ambassadors, Markets Uganda’s Investment Potential

City Bus Operators Cheating Commuters Despite Abandoning SOPs

Uncertainty Over Elections Takes Toll On Ugandan Traders

Banks Disbursed Loans Worth UGX 2.2 Trillion Between July and September 2020

African Free Trade Deal: What is In It?

Over UGX 1 Trillion Spent on 2021 Polls

Finance Ministry Approves UGX 4.92 Billion For MUBS Staff

Car Boot Sales are Illegal – KCCA

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