A clear goal: water for all Ugandans

A clear goal: water for all Ugandans

The state-owned National Water and Sewerage Corporation (NWSC) is determined to extend clean water infrastructure and sewerage to the entire nation. Progress is fast as well-managed services pay for new investment and upgrades. As a public utility, NWSC is keenly focused on its own responsibility amidst Uganda’s bid to become a middle-income nation – supplying […]

Cheaper electricity tariffs should be introduced by Umeme say MPs

Cheaper electricity tariffs should be introduced by Umeme say MPs

An affordable power tariff must be introduced by electricity distributor, Umeme to stop customers being ripped off, a committee of MPs has said. The Natural Resources Committee of Uganda’s Parliament and power distribution stakeholders over the weekend converged at the Lake Victoria Serena Hotel, in Kigo and discussed the power tariffs levied by the power […]

Ecobank makes big push for mobile banking customers

Ecobank makes big push for mobile banking customers

With a growing presence in Kampala, West African financial giant Ecobank has announced that its Mobile App, a single, unified financial services application across 33 African countries, has processed 9 million transactions worth over $1 billion since launch less than 18 months ago. A statement from Ms. Primrose Kobusingye, Ecobank Uganda head of Communications revealed […]

Housing Finance Bank partners with Brainchild Burson Marstellar to boost Innovation In the real estate sector

Housing Finance Bank partners with Brainchild Burson Marstellar to boost Innovation In the real estate sector

To further enhance innovation in the real estate sector, recently, Housing Finance Bank (HFB) the leading mortgage lender in Uganda has partnered with, brainchild Burson- Marsteller, the country’s most awarded public relations agency to sponsor the second edition of Innovation Series which is slated for April 26th, at the Pearl of Africa Hotel. According to […]

New petrol station creates 20 jobs in Kyaliwajjala

New petrol station creates 20 jobs in Kyaliwajjala

Twenty new jobs have been created in Kyaliwajjala, a neighbourhood in Kira Municipality, Wakiso District as a new petrol filling station, convenience store and pharmacy opens on the outskirts of Kampala. The developer, Total Uganda Limited has today opened Total Kyaliwajjala service station bringing the country’s network to 129 service stations. “We are aiming to provide a state of the art petrol station with […]

Bank of Africa tips SMEs on how to access financing

Bank of Africa tips SMEs on how to access financing

Bank of Africa’s Managing Director, Mr. Arthur Isiko, has tipped various Small and Medium Enterprises (SMEs) on how to access finance as a key aspect for sustainable business growth. Mr. Isiko (pictured above) was speaking at a business forum hosted by the Bank at Tick Hotel in Kawempe Division. This forum, which is a first […]

Umeme presents achievements and financial results for 2017

Umeme presents achievements and financial results for 2017

Electricity distributor Umeme said the utility’s revenue grew by 8.3% to Shs1.5 trillion on increased energy sales in 2017, officials said while releasing its financial results to 2017 on Thursday in Kampala. Managing director Selestiono Babungi told journalists that connections rose by 18.3% during the year to 1,125,291 and they also collected 102% above the […]

Scandal implicating ex BoU director Justine Bagyenda draws renewed attention, DFCU owe Sudhir up to Shs600 billion

Scandal implicating ex BoU director Justine Bagyenda draws renewed attention, DFCU owe Sudhir up to Shs600 billion

The fight with Bank of Uganda Governer Emmanuel Tumusiime Mutebile has lifted the lid off his no sacked Executive Director of supervision Justine Bagyenda’s alleged role in the controversial Crane Bank transaction. Documents that Bagyenda previously kept under lock and key have leaked raising questions over the deal and sparking off fresh suits. Key amongst […]

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