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dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex

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Why Uganda must become a permanent member of BRICS

Why Uganda must become a permanent member of BRICS

If we become permanent members of BRICS, the most obvious benefit shall be economic. Our economy relies heavily on agriculture, raw materials, and a growing services sector. We need big markets like those of China and India for our agricultural produce.Uganda has a young population, with a

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Twenty students to benefit from Shs 3.85bn Africa STEM scholarships

Twenty students to benefit from Shs 3.85bn Africa STEM scholarships

At least 20 students from underprivileged backgrounds are set to benefit from scholarships worth Shs 3.85 billion to pursue science and technology degree programmes at leading universities in Uganda.The scholarships are being offered under the Airtel Africa Foundation Tech Fellowship, a ne

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Mirai Insurance Doubles Down on Digital Sticker Education

Mirai Insurance Doubles Down on Digital Sticker Education

Joseph Nsubuga, chief executive officer of Mirai Insurance Uganda, said the company is focused on simplifying this change for all motorists, regardless of their technical proficiency.KAMPALA, Uganda — Mirai Insurance has launched an extensive educational campaign to assist motorists as t

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Gov’t hands over Shs3.8Bn roads in Nakaseke

Gov’t hands over Shs3.8Bn roads in Nakaseke

Government has commissioned Shs3.8Bn community access roads in Nakaseke under the LEGS project, boosting dairy farming, trade and local revenue growth.Ministry of Local Government Permanent Secretary Ben Kumumanya cuts the ribbon to commission the Gayaza–Kalungu–Mityomere Road in Nakas

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Insurance players tipped to leverage booming Ugandan economy

Insurance players tipped to leverage booming Ugandan economy

With oil production expected to start soon, Dr Julius Kipng’etich projected even stronger growth over the next two to three decades, potentially transforming Uganda into one of the continent’s largest economies.Insurers in Uganda and across the East African region have been called to

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Court Appoints Administrator General to Manage Shs 1 Trillion Garuga Estate

Court Appoints Administrator General to Manage Shs 1 Trillion Garuga Estate

KAMPALA | The High Court’s Family Division has appointed the Administrator General to temporarily manage the estate of the late businessman James Garuga Musinguzi, valued at more than Shs 1 trillion, after ruling that warring family members are incapable of jointly administering the vast fortun

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Court orders Muwema to pay Shs1.3b arrears, vacate Kololo property over lease breach

Court orders Muwema to pay Shs1.3b arrears, vacate Kololo property over lease breach

Kampala, Uganda: The High Court (Commercial Division) has ordered M/S Muwema & Co. Advocates to pay a total of USD 372,300 (approx. Shs1.34bn) in rent arrears and mesne profits, and to immediately vacate prime premises in Kololo following a protracted lease dispute with Downtown Investments L

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I am No Longer a Judge” -Justice Esther Kisaakye

I am No Longer a Judge” -Justice Esther Kisaakye

Former Supreme Court Justice Esther Kisaakye has insisted that she is no longer a serving judge and rejects the jurisdiction of a judicial tribunal appointed to investigate her alleged misconduct. “I’m a retired judge. The tribunal has no jurisdiction over me,” said Kisaakye, who says she i

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Court Orders Hajji Moses Kigongo To Pay UGX80million To Contractor

Court Orders Hajji Moses Kigongo To Pay UGX80million To Contractor

The High Court in Kampala has found Hajji Moses Kigongo liable to pay Shillings 80.7million for breaching a contract he signed with a supplier of doors and windows to his construction sites. The court also found Kigongo culpable for illegally retaining properties that don’t belong to him.

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