Featured Archives – Page 12 of 45

Inside the USD15m Latitude 0° Kampala Hotel- a modern urban Africa with a cosmopolitan touch!

Even though there is quite some competition in Kampala’s hotel space- with average occupancy rates standing at about 58% (a hotel needs about 40% occupancy to break even), with key noticeable names

October 27, 2019

Hospitality & Tourism·Lifestyle·The Big Story

WE RR UNSTOPPABLE: 4 wins in 5 months- is Rajiv Ruparelia, rally’s new wunderkind?

In just 5 months and 5 races, 29-year old Rajiv Ruparelia has collared 4 wins and finished second in the fifth, literally showing dust to the more experienced big names. With the

October 27, 2019

The Big Story

Although it is the 25th bank to enter the commercial banking space, OBUL will hit the ground running as Uganda’s 23rd biggest bank by assets, 20th by lending and 17th by profitability- going by 2018 results.

What do we know about Opportunity Bank, Uganda’s latest commercial bank, which you probably did not know?

Opportunity Bank Uganda Limited (OBUL) on 25th September 2019 was awarded a Commercial Banking license by Bank of Uganda, becoming Uganda’s 26th Commercial Bank. This follows a lengthy vetting process after the

October 27, 2019

Banking & Financial Services·The Big Story

Hima Cement's new Tororo Plant. Although the new plant grew the LaFarge owned company's production capacity to 1.9 metric tonnes a year, this is yet to have an impact of the bottomline as the company has come under intense competitive pressures

New kids on the block, disrupt Hima Cement and Tororo Cement’s growth; Kampala Cement bites out UGX186bn chunk as Simba Cement forces industry price cuts

The Ugandan Cement Industry has historically been a playground for two rivals- Hima Cement and Tororo Cement, the latter being the market leader with about 55%-60% market share and Hima with about

October 27, 2019

The Big Story

Rajiv Ruparelia wins the Club Rally Championship (CRC) after posting the fastest time

Rally driver, Rajiv Ruparelia has won the third stage of Total Kabalega Hoima rally 2019 beating 39 competitors who took part in the race. The TOTAL Kabalega rally kicked off with scrutineering

October 20, 2019

The Big Story

Ugandan travellers to China to enjoy better services with Orient Bank’s partnership with China’s UnionPay

Orient Bank Uganda Limited and UnionPay International have announced a partnership in which all UnionPay Cards are now accepted at all ATMs and POS terminals of Orient Bank, one of the leading

October 19, 2019

Banking & Financial Services

the Auditor General, John Muwanga says poses risk to the operations of the Central Bank

FINANCIAL DILEMMA: BoU needs fresh UGX 671bn in capital- Auditor General

Bank of Uganda (BoU) is undercapitalised to a tune of UGX671.712Billion According to the Auditor General, John Muwanga this poses a risk to the Central Bank’s operations. The details of the Central

October 18, 2019

Banking & Financial Services

DIGITAL TRANSFORMATION: Tech Expo, Swarm 19 Summit scheduled for November 22nd to 23rd; new tech companies, innovations set to gain exposure

KAMPALA — HiveColab, an innovation hub and startup incubator in Kampala, has partnered with ICT Association of Uganda (ICTAU) and will in November host the much-anticipated Swarm Summit and Tech Expo 2019.

October 18, 2019

The Big Story

UBL’s Busola Doregos wins 2019 Chief Finance Officer of the Year award

Uganda Breweries Limited’s Finance and Strategy Manager, Busola Doregos, is the 2019 Chief Finance Officer of the Year! Judges, chose her over Coca Cola’s Ivan Bombom and Centenary Bank’s Godfrey Byekwaso, the

October 17, 2019

The Big Story

FOOD & LIFESTYLE: Step by step guide to making delicious luwombo (banana leaf steamed food)

Luwombo is a traditional delicacy that originates from the Baganda in central Uganda. It is a meal prepared in banana leaves and gets ready by the steam from water. The dish comes

October 17, 2019

Lifestyle

Featured- Page 12