Embattled Kampala Lord Mayor Erias Lukwago says Ugandans are not putting enough pressure on President Museveni’s plan for the country’s oil wealth because “he is not understandable,” the politician said. Museveni and his entourage today...
• Management Buy Out is one of the first in Uganda • New capital structure will enhance the company’s growth prospects in a sector that is crucial for Uganda’s economic growth and development East African...
With an expanding Uganda presence, Direct Pay Online Group (DPO) has announced the acquisition of Virtual Card Services (VCS) South Africa. This marks the completion of DPO’s purchase of VCS Group, post the earlier acquisition...
Astute business leader Mr. VG Somasekhar is returning to Kampala as Airtel Uganda Managing Director, the country’s second biggest telecom service provider has announced. Mr. Somasekhar is widely remembered for leading Airtel from December 2010...
Since introduction of mobile money in Uganda by Bank of Uganda (BoU) in 2009, there has been financial inclusion with millions of people acquiring mobile money accounts. Today, transactions this year hit Shs44 trillion and like...
Jinja firm Sadolin group, the largest paint manufacturing company in Uganda, with more than 50% market share will now take on the new brand name Kansai Plascon – of a Japanese company. This follows a...
A total investment of $600m (Shs2.2 trillion) will be invested in Mbale Industrial Park that is expected to house 30 enterprises and create 12,000 jobs for Ugandans, Tian Tang Group chairman Paul Zhang, also the...
In 2015, tycoon Hamis Kiggundu popularly known as Ham received a green light from President Yoweri Kaguta Museveni to redevelop land on which Nakivubo stadium sits. To many, this sounded like loose talk. But former...
The Uganda Chamber of Mines and Petroleum (UCMP) has reelected Hon Dr Elly Karuhanga for a new 2-year term as Chairman, following a June 30, 2017 annual general meeting (AGM). But the appointment of Uganda's...
As Bank of Uganda continues to corner one of Africa's richest men, Kampala property mogul Sudhir Ruparelia, the world has crumbled on his apprentice, Barot Miraji, the managing director at Tirupati Development Uganda Ltd, another...
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