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COST OF UGANDA’S DEBT: Each Ugandan Owes Shs 1.3m

Uganda’s debt stock has steadily increased in the past four financial years, and so has the burden on the tax payers, a review of data from the finance ministry, the central bank and the 2015-16 auditor general’s report has revealed. As of June 2016, Bank of Uganda (BOU) state of the

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Museveni Donates His “Sowing the Mustard Seed” Book Copies to Schools

All libraries of government aided secondary schools will receive at least two copies of a book authored by Uganda’s president, the country’s education ministry has announced. According to a May 02 circular sent by acting education ministry permanent secretary Nsumba-Lyaazi, to all school heads, the donated copies of the book, Sowing

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UBA Uganda Reports Strong Growth in Earnings, Turns Profitable

United Bank for Africa (UBA) Uganda has released its audited 2016 full year results, showing impressive growth in total income and profits, an attestation to its resilience through economic headwinds, enhanced efficiency and increased productivity. UBA Uganda recorded an impressive 24 percent growth in total income of UGX 29.7 billion as

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Judge Advises MTN to Negotiate a Settlement With Maurice Kirya

Justice David K. Wangutusi of the Commercial Court in Kampala has advised telecom giant, MTN Uganda Limited to negotiate a settlement with Ugandan musician, Maurice kirya. Kirya in June 2016 dragged MTN to the commercial court demanding for Shs 500m for copyright infringement, after he realized that the telecom company had

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Oil is a Blessing not a Curse, President Nguema Tells Ugandans

The President of Equatorial Guinea, Obiang Nguema Mbasogo, on Thursday addressed the Oil and Gas Convention and Regional Logistics Expo at Serena Hotel in the Ugandan capital Kampala. President Nguema has been at the helm of his country for 36 years and has overseen the discovery and exploitation of oil since

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Maurice Kirya Vs MTN Uganda Case Hearing to Commence Today

Commercial Court in Kampala will today (Thursday, April 27, 2017) commence the hearing of the case between Ugandan singer, Maurice Kirya and telecom giant, MTN Uganda Limited. Kirya in June 2016 dragged MTN to the commercial court demanding for Shs 500m for copyright infringement, after he realized that the telecom company

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Emirates Named Best Airline Worldwide at 2017 Business Traveler Awards

Emirates’ focus on meeting and exceeding customer expectations both in the air and on the ground were recognised yesterday with four accolades at the ‎Business Traveller Middle East 2017 Awards. At a ceremony attended by key travel industry executives, Emirates was crowned “Best Airline Worldwide”. It was also named “Airline with

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