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'Rolex' and other East African terms added to Oxford Dictionary

'Rolex' and other East African terms added to Oxford Dictionary

Kitu Kidogo, Panya Route and Rolexand other words from parlances in East Africa are the latest entrants into the Oxford English Dictionary. Kitu kidogo is a Swahili word for money offered or accepted as an inducement or bribe while panya route is a secret path or roundabout route, esp

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Equity Bank Unveils Digital Savings Options To Boost Financial Inclusion

Equity Bank Unveils Digital Savings Options To Boost Financial Inclusion

Equiy Bank has today unveiled a range of new digital savings products designed to help customers save seamlessly, grow their money and reach their financial goals with greater ease.  Accessible through the bank’s Mobile App and online platforms, the offerings include Classic Savings, Call

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Uganda has navigated post-Covid-19 recovery well, says IMF

Uganda has navigated post-Covid-19 recovery well, says IMF

The International Monetary Fund has said Uganda has navigated post-Covid-19 recovery well due to sound macroeconomic policies.The country’s economic recovery, the IMF noted in a statement is strengthening, chara

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Why Uganda’s rich remind the poor to enjoy eggs and milk

Why Uganda’s rich remind the poor to enjoy eggs and milk

During the French Revolution of 1789 Marie Antoinette, wife of King Louis XVI and privileged Queen of France was controversially made very famous by four words. It was claimed that on hearing peasants were finding it hard to put bread; a cheap staple food, on th

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Winnie Byanyima: Why I support Gays

Winnie Byanyima: Why I support Gays

"Our collective future will be set by what we do now. Courage and urgency in support of everyone’s human rights is essential to protect everyone’s health."UNAIDS Executive Director, Winnie ByanyimaThe events of this year’s PRIDE month are s

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MTN seeks to separate mobile money business from listed company

MTN seeks to separate mobile money business from listed company

MTN Uganda has indicated it has sought approval from its board to separate the Fintech business, which includes mobile money, from its stock portfolio. The separation, which is being spearheaded at Group level, MTN says is part of its Ambition 2025 t

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Shs 1 Trillion corruption scandal rocks NITA-U

Shs 1 Trillion corruption scandal rocks NITA-U

A project worth USD200million (about Shs1.1 trillion) by the World Bank hangs in balance following allegations of corruption and infighting at National Information Technology Authority-Uganda (NITA-U), this publication can exclusively report.In 2022, the

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Equity Group registers strong recovery

Equity Group registers strong recovery

Equity Group Chief Finance Officer Moses Nyabanda, Managing Director and CEO, Dr. James Mwangi and Chief Internal Auditor Beth Kithinji during the Q1 2024 Investor Briefing eve

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Stanbic, UN Women commit to supporting more female-owned businesses in Uganda

Stanbic, UN Women commit to supporting more female-owned businesses in Uganda

As the world continues to celebrate the international women’s month, Stanbic Bank Uganda has re-echoed its commitment in supporting and empowering women led groups.This call was made during the annual Ring the Bell for gender equality conference at the Sheraton Hotel in Kampala.

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Parliament's budget committee recommends shs288bn for Namboole renovation

Parliament's budget committee recommends shs288bn for Namboole renovation

The Budget Committee of Parliament has recommended allocating Shs288 billion for the renovation of Mandela National Stadium also known as Namboole in preparation for the Africa Cup of Nations (AFCON) in 2027.The committee also proposed the phased provision of funds for the construction of

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