Business •
09 Nov '24
Imagine Bebe Cool in the blue corner, his Silent Majority shouting Big Size, with Kasepiki, Bogolako blaring through the roof of Lugogo Indoor Arena. And in the red corner, Bobi Wine, his army donning red tops and t-shirts with slogans taunting anyone suspected of disrespecting the Princi
Business •
29 Oct '24
On October 4, the Electricity Regulatory Authority (ERA) published in this newspaper a “notice of intended application for licence” for the development of the proposed 20 Megawatts waste-to-energy power plant in Ddundu Village in Kyampisi Sub-county, Mukono District. The notice, a pr
Business •
24 Oct '24
Several businesspeople in Kigogwa Town are counting losses after a fuel tanker exploded at a trading centre on Tuesday. The northbound tanker overturned before bursting into flames that engulfed the area, destroying several shops that included hardware, stationery, salons, and eateries,
Business •
24 Oct '24
The high death toll from the fuel tanker fire at Kigogwa Trading Centre has raised concern about the lack of awareness among Ugandans regarding safety protocols in accidents involving vehicles carrying flammable substances. Fire experts emphasise the importance of immediate evacuation
Business •
24 Oct '24
A teenager who died while trying to rescue children who were caught up in the Kigogwa fuel tanker blaze has been described as selfless. Joseph Muwonge, 19, chose not to run away from the inferno on Tuesday evening as five children caught in the crosshairs cried out for help. The childr
Business •
23 Oct '24
At least 10 bodies had by Tuesday evening been recovered from the scene of a fuel tanker explosion at Kigogwa Town on Kampala-Bombo road in Wakiso District. Another person is said to have died at Kiruddu Referral Hospital where several of those who sustained severe burns were rushed for
Business •
11 Oct '24
Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) database. The access, which is part of the plan to enhance the Know Your Customer (KYC) strategy as mitigation against fr
Business •
09 Oct '24
A Kampala banker, Joel Acidri Cadribo, has been remanded by the Standards, Utilities, and Wildlife Court after failing to produce the suspect he stood surety for. Cadribo, an employee at a city based bank, was arrested on 7 October 2024 and brought before the court for failing to fulfill his respons
Business •
06 Oct '24
There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Limited took a loan of Shs 6.840 billion from Prim
Business •
04 Oct '24
Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som