MTN Gives Out More Cars In Buyende, Mukono, Kyotera

MTN Uganda handed over three more cars to winners in Buyende, Mukono and Kyotera last week. The three Toyota Premio cars are part of the weekly three cars for the MTN Nyabo Promotion. The handovers […]

Kenya Could Take Up Chinese Yuan As A Reserve Currency

Kenya is considering the adoption of the Chinese yuan as a reserve currency, its central bank governor said on Tuesday. Patrick Njoroge, the Governor of the Central Bank of Kenya (CBK), told journalists in Nairobi […]

MOVIT Adds Colour To Nkozi Marathon

Movit Products Limited (MPL) on Saturday took part in the Annual Nkozi Marathon that kicked off at Equator in Kayabwe and ended at Uganda Martyrs University Nkozi. The run was graced by Prince Wassajja member […]

Entebbe Expressway Fence To Be Electrified

Government is considering electrifying of Entebbe expressway fence to put to an end the vandalism of road infrastructure, according to a declaration by President Yoweri Museveni. The President made  the remarks while commissioning the Kampala […]

Uganda-China Commit To Strengthening Ties

The Speaker of Parliament, Rebecca Kadaga and the Chairman of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), HE Wang Yang have committed to continue strengthening ties between the two countries. The […]

Uganda’s Budget Deficit Worsens, 50% to Be Borrowed

Government is aiming at collecting 16.35 trillion Shillings to support the estimates in the 2018/2019 financial year budget presented this afternoon. Part of this, totalling 15.9 trillion Shillings will be raised from the new tax […]

Zambia Suspends Borrowing Plans Indefinitely

Zambia has decided to delay all planned borrowing indefinitely, its finance minister said on Thursday, slowing down the accumulation of new debt amid worries about the risk of distress. “The debt sustainability analysis has confirmed […]

Glamour At PostBank Sponsored Bunyoro Empango Celebration

It was all glitz and glamour in Hoima at the Karuziika palace as the Bunyoro King ‘Omukama’ Solomon Iguru I celebrated the 24th ‘Empango’ coronation early this week. ‘Empango’ is a ceremony held annually to […]

CNOOC Says Oil Production Only Possible In 2021

Oil production in Uganda is likely to start in 2021 at the earliest, China’s CNOOC said, giving a later date than the government’s 2020 target. CNOOC, which is developing the fields in the west of […]

MTN Donates To Ngabo Science Academy

MTN Uganda has today visited Ngabo Academy of Science and Vocational Studies in Mbarara and boosted its ICT curriculum with a Ugx 50 million donation of 10 computers fully connected to the internet for a […]

MUBS Lecturers Go On Strike

Makerere University Business School – MUBS lecturers have laid down their tools citing failure by government to enhance their salaries. Dr Isaac Magoola, the MUBS Academic Staff Association chairperson says starting from today lecturers from […]

BOU To Issue Collateral Free Agriculture Loan

Bank of Uganda will start giving an agriculture credit facility loan of up to 20 million Shillings to farmers without collateral security. Dr Rosette Bamwine, a senior principal banking officer and head agricultural credit facility […]

BETPAWA Unveils Shs100m World Cup Jackpots

BetPawa has again proved that they are the best online betting site in Uganda. This time, BetPawa has offered its clients a special Jackpot with a 1000 shilling stake will earn them a chance to […]

Shilling In Meltdown: Drops Towards 4k Mark

The Uganda Shilling continues with its upwards spiral, breaching the 3,800 mark. The Shilling against the dollar is trading in the range of 3,804/3,824 on the buy and sell sides, creating a new depreciation low for […]

UNRA Blames Drivers Over Karuma Bridge Accidents

The Uganda National Roads Authority (UNRA) has blamed drivers on the increasing motor accident along Karuma Bridge Highway. The statement comes barely a day following the Tuesday evening accident when a Fuso lorry with registration number UAS […]

MTN Eyes ‘natural fit’ Ethiopia Telecoms Market

South Africa’s MTN Group said on Wednesday it was excited by the potential opening up of the Ethiopian market “as it would be a natural fit for MTN’s existing pan African footprint”. “Ethiopia presents many […]

Kitwe-Ruhama towns to Enjoy clean safe water

The National Water and Sewerage Corporation has embarked on plans to extended water supply in Kitwe-Ruhama under the Kitwe-Ruhaama water stabilisation project. The project specifications include:- •Drilling of 3 motorised boreholes to boost water production […]

NWSC Boosts Water Supply Along Entebbe Road

The National Water and Sewerage Corporation has completed works and commissioned the new Ssisa Water Supply system along Entebbe road. The new project will boost water supply to Ssisa, Lutaba, Gayaza, ICT, parts of Sekiwunga, […]

Kenya Begins Transporting Crude Oil For Export

Kenyan President Uhuru Kenyatta on Sunday flagged off the first consignment of crude oil destined for export from the East African nation under a pilot scheme. Kenyatta flagged off trucks loaded with crude oil from […]

Kenya Marks 1 Year Since Launch Of SGR Railway Service

Kenya on Thursday marked the first anniversary since the launch of the Standard Gauge Railway (SGR) passenger train service amid smooth operations that has endeared it to regular travelers, entrepreneurs and tourists. Senior Kenyan government […]