Buvuma MP trashes Shs100b maize cash

Buvuma MP trashes Shs100b maize cash

The former chairperson of the Parliamentary Committee on Agriculture, Robert Migadde, has slammed a government proposal to place a Shs100 billion maize stabilization fund with commercial banks. The government last week resolved to disburse Shs 100 billion to middlemen to buy maize and stabilize prices that have dropped to Shs 200 a kilogram. While announcing […]

Ugandans in the diaspora to send money instantly

Ugandans in the diaspora to send money instantly

Bank of Africa Uganda has partnered with world’s leading digital money transfers service, WorldRemit to ease digital money transfers to Uganda. During a ceremony at Bank of Africa head office on Friday, in Kampala, officials revealed that Ugandans in the diaspora in over 50 countries can now send money instantly for easy collection as cash […]

Coca Cola recycling tonnes of Uganda’s plastic waste

Coca Cola recycling tonnes of Uganda’s plastic waste

Kampala – 5 June 2018:  To mark World Environment Day today, The Coca-Cola Company and its bottling partner Coca-Cola Beverages Africa – Uganda, reaffirm its commitment to help create a world without waste. World Environment Day was founded by the United Nations Environment to promote worldwide awareness and action for the protection of our environment. […]

How govt intends to milk Shs 10 billion from SACCOs

How govt intends to milk Shs 10 billion from SACCOs

Finance Committee of parliament Chairperson, Henry Musasizi (pictured) recommends that the tax shouldn’t be levied on the gross turnover for companies declaring losses for seven consecutive years Parliament has for the second time rejected the proposed corporation tax on Savings Credit and Cooperative Societies-SACCO’s.  Government had proposed to levy a corporation tax on Profitable SACCO’s in […]

Coca-Cola’s Shs 30.7billion new bottling line at Namanve to stir mineral water market

Coca-Cola’s Shs 30.7billion new bottling line at Namanve to stir mineral water market

Coca-Cola Beverages Africa (Uganda) officially broke ground for a brand new US$8.35million (UGX 30.7billion) Manufacturing Line to in a move that will intensify competition in the industry that they currently dominate alongside Pepsi and Highland Natural Mineral water manufactured by NC Beverages Limited in Kawempe. The new bottling line at the Namanve site operated by […]

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 […]

Taxify announces new discount

Taxify announces new discount

Weeks after launching their boda boda service in Kampala, is the fastest-growing ride-sharing platforms in the world has announced an attractive reduction in their pricing. A statement released in the first week of March effected a mega drop in their fares in a bid to make their services more affordable and also better serve their […]

Digital star Ssenkenzi leaves bankrupt Vodafone for Airtel Uganda

Digital star Ssenkenzi leaves bankrupt Vodafone for Airtel Uganda

At a Ugandan Internet service provider that uses Vodafone’s brand, John Ssenkenzi has created and overseen some big-name digital campaigns, including the Zaga ReMix that revolutionized Kampala’s internet usage. He has also worked in the news industry at UBC TV a social media specialist before turning around Daily Monitor’s digital between 2014 and 2016 and […]

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