Absa Uganda has appointed Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and priva
There’s nothing worse than looking back at your life and realising you misused money that could have changed your future.Last week, we talked about giving your money a job. I hope your wallet had a productive week. But now, let’s talk about something even mor
FILE PHOTO: A Umeme worker sorts a problem. March 31st is a turning point for Uganda in the electricity distribution sectorHow this well-structured and managed organization may turn into a political battlefield, leaving Ugandans in th
Kampala, Uganda:Uganda’s electricity distribution sector is set for a major transition as Umeme Limited officially hands over operations to the Uganda Electricity Distribution Company Limited (UEDCL) on April 1, 2025, which will coinside with fools’ day. Thi
A major controversy has erupted after revelations that Parliament initially approved USD 190 million for the Umeme buyout, despite the actual cost being USD 127 million.The shocking disclosure was made by Jonan Ki
The Executive Director of the Kampala Capital City Authority (KCCA), Sharifah Buzeki, together with her deputy, Benon Kigenyi, spent the yesterday afternoon surveying key flooding hotspots in the Kyambogo and Kinawataka areas.
Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment
The Church of Uganda has firmly opposed the government’s proposal to collect school fees through the Uganda Revenue Authority (URA), arguing that the policy would negatively impact the development of schools.Dur
A storm is brewing over the true cost of buying out Umeme Limited, Uganda’s electricity distributor, as discrepancies in the numbers come to light.The Auditor Genera, Edward Akol has advised the government to pa
Kinshasa — The Democratic Republic of Congo (DRC) has officially announced a significant increase in the salaries of its armed forces and national police, in a move widely seen as a response to mounting pressure over corruption in the security sector and wides
