Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje
Government spokesperson and long-serving National Resistance Movement (NRM) member Ofwono Opondo has been declared unopposed as the Member of Parliament for Older Persons representing the Eastern Region.This was after Opondo’s Democratic Party rival, Mpande Joram Kigenyi, conceded to a p
Oil companies are like a nation — they need everything from everything. If you can set up shop near them, they will buy everything from you,” Kagimu explainedKAMPALA, Uganda — Malaysia’s Honorary Consul in Uganda, AlHaj Habib Kagimu, has urged local entrepreneurs to strategically p
Ham Enterprises continue to erect structures near Nakivubo channel despite an order from KCCA to stop the worksKampala — A confidential Kampala Capital City Authority (KCCA) report seen by ChimpReports has blamed illegal construction and regulatory failures for the deadly floods that swe
Gold held around $4 000 an ounce after a weak start on Monday, after China ended a long-standing tax rebate for some retailers in a change that could weigh on demand in one of the world’s largest precious-metals markets.Bullion for immediate delivery rose 0.1%, after falling as much as 1
Reader moShe is never one to shy away from a daring ensemble. And Maura Higgins made sure to flash plenty of skin as she wowed on the red carpet at the Time100 Next gala at Chelsea Piers in New York City on Thursday evening.The former Love Island star, 34, showcased her toned abs in
The UAE Ambassador to Uganda, HE Abdulla Salem Alshemeli, H.E Sheikh Sultan Jemai Al. Hindas, Director General of the Furjairah Chamber Commerce and Industry and the Prime Minister of Uganda Hon. Nabbanja Robinah and Hon. Dr Monica Musenero the Minister of Science Technology and Innovation Inform
Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance. South Korea will pay $350 billion upfront to lower tariffs implemented by the USA. Hundreds of billions will flow between the nations as trade once again acts as the gr
The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6.4 billion,
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