Crane Bank Rwanda sold off by dfcu Bank Uganda to Uhuru Kenyatta

Crane Bank Rwanda sold off by dfcu Bank Uganda to Uhuru Kenyatta

CBA Group has issued a statement confirming that it has acquired Crane Bank Rwanda, the only Ugandan owned bank that had been operating in a foreign country from dfcu Bank. In the statement announcing the acquisition yesterday, CBA said it had acquired 100 per cent of the Rwandan bank. “Commercial Bank of Africa Limited (CBA) is pleased […]

Uganda’s star at ILO shines brighter

Uganda’s star at ILO shines brighter

Uganda has been nominated to the Board of the International Training Centre (ITC) and designated as the Official Spokesperson of the Africa Group on Social Dialogue in the Governing Body ofthe International Labour Organisation, on Thursday. The International Training Centre, which is, based in Turin, Italy, is the training arm of the International Labour Organization. The […]

Facebook in deal with Airtel Uganda, BCS to promote cheap internet in northwest Uganda

Facebook in deal with Airtel Uganda, BCS to promote cheap internet in northwest Uganda

US-based social networking site Facebook signed an agreement Tuesday with a private telephone company in Uganda to improve the telecom infrastructure in the country, over a month after the industry regulator, Uganda Communications Commission Executive Director Mr. Godfrey Mutabazi visited the tech giants over possible collaborations. The agreement was announced at Kampala Serena Hotel by Mr. […]

Uganda elected to ILO high table 2017-2020

Uganda elected to ILO high table 2017-2020

Uganda has been overwhelmingly voted to the Governing Body of International Labour Organisation by the 106th International Labour Conference in Geneva for the period 2017-2020. This election follows Uganda’s earlier nomination by the Africa Group at the African Union meeting held in April 2017 in Algiers, Algeria. The Governing Body is the Executive Organ of […]

URA seems poised to merge Rental Income and Property Tax, but plans unclear so far

URA seems poised to merge Rental Income and Property Tax, but plans unclear so far

After facing criticism from taxpayers, the Uganda Revenue Authority (URA) has moved to synchronise the much-dreaded income tax with the property tax, a move that could lead landlords to reducing on the burden on tenants through rent. Uganda Revenue Authority has since 2014 been collecting tax on all rental houses and properties within urban areas […]

Top Lebanese – American consultants working on Entebbe Airport expansion

Top Lebanese – American consultants working on Entebbe Airport expansion

Consultants for the Design Review and Construction Supervision services for the upgrade and expansion of Entebbe International Airport, Dar Al – Handasah Shair & Partners in Association with Orion Associates Ltd held a kick off meeting with the Contractor, China Construction Communications Company (CCCC) and CAA officials on 16 May 2017 at Entebbe. Entebbe International […]

Downtown Kampala traders give MPs 30 days to sort affair – between landlords and tenants

Downtown Kampala traders give MPs 30 days to sort affair – between landlords and tenants

Traders under their umbrella body, Kampala City Traders Association (KACITA) have given Parliament a 30 days ultimatum to enact a law which regulates the tenants and landlords. Speaking to media today, Issa Ssekito (pictured up) the association spokesperson said, the law which is already in the making has over stayed in parliament since 2013 yet […]

Mutebile, Muhakanizi on the spot over missing Shs340 billion meant for poor Ugandans’ drugs

Mutebile, Muhakanizi on the spot over missing Shs340 billion meant for poor Ugandans’ drugs

Two of the most prominent Banyakigezi – Bank of Uganda Governor Tumusiime Mutebile, secretary to the Treasury Keith Muhakanizi and other top officials in the Finance hierarchy are set to answer questions over how Shs340 billion of Shs720b ($200m) loan meant for medicines and rural electrification was used. They are going to be quizzed by […]

Brewers clean up Port Bell Market

Brewers clean up Port Bell Market

The staff of Uganda Breweries Limited (UBL) teamed up to mark World Environment day (WED) by participating in various environmental friendly activities that included cleaning of the Luzira area and commissioning of a 150m toilet facility in Port Bell Market, Nakawa. The staff joined together to raise the standard of cleanliness at Port bell market […]