Business

The attempt by Diamond Trust Bank (DTB) to have an independent auditor carry out a full account reconciliation of the financial transactions Ham Enterprises and Kiggs International (U) Ltd, companies owned by Hamis Kiggundu, had...

Renowned digital strategist and Public Relations practitioner Allen Sssempa has swapped banking for the beverages industry. She replaces Tracy Kakuru Otatiina as Corporate Communications Manager, Pepsi Uganda. Based in Nakawa, Allen Sssempa joins Crown Beverages...

The Electricity Regulatory Authority (ERA) has a new board of directors following approval by cabinet on Monday.  Mr. Julius Wandera, Director of Corporate and Consumer Affairs at the Electricity Regulatory Authority confirmed Board will be...

The National Social Security Fund (NSSF) has declared an interest rate of 10.75% for the financial year 2019/2020. The announcement was made on Monday by the Finance Minister, Matia Kasaija during the fund’s Annual Members...

A case in which renowned Ugandan businessman Hamis Kiggundu asked the Commercial Division of the High Court to order for a full-account reconciliation of all his financial transactions with the Diamond Trust Bank Uganda and...

With an estimated budget of over Shs 41 trillion and a 54% of either counterfeit or substandard products in the market, Uganda could be losing up to Shs 6 trillion to counterfeits and substandard products...

Uganda Registration Services Bureau (URSB) and Uganda Microfinance Regulatory Authority (UMRA) have this morning signed a Memorandum of Understanding that will create a closer and collaborative working relationship amongst the two institutions. The partnership is...

Dr. James Mwangi, Group Managing Director and CEO of Equity Group Holdings Plc and Executive Chairman Equity Group Foundation was today honored with the prestigious 2020 Oslo Business for Peace Award which is also described...

City businesswoman Ida May Kwesiga has dragged Housing Finance Bank to Court over fraudulent sale of her property at Kyadondo Road Nakasero in Kampala. Mrs Kwesiga owns Mayflower apartments sitting on an acre of land...

The journey to cleaning Uganda’s Banking Industry is one that can only be undertaken by courageous Ugandans as there are some individuals using their institutions/associations to oppose the Banking Reforms being suggested by one of...