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NUP, Lukwago to fight over the Lord Mayor’s seat

NUP, Lukwago to fight over the Lord Mayor’s seat

Kampala Lord Mayor Erias Lukwago recently sent a clear warning to Kampala Capital City Authority (KCCA) councillors that they stand no chance in a fight against him.  “The path they have taken is a dangerous one. If they want to fight me, they should know they can’t win that

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High staff exits undermining banking sector stability, says BoU

High staff exits undermining banking sector stability, says BoU

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

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Kiir dismisses long-serving spy chief

Kiir dismisses long-serving spy chief

South Sudan President Salva Kiir Mayardit on Thursday, through a presidential decree, dismissed his long-time intelligence chief and appointed him as the governor of his home state. Lt Gen Akol Khoor, who led the National Security Service’s (NSS) Internal Security Bureau, was replace

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Digital transformation is a catalyst for business growth

Digital transformation is a catalyst for business growth

Last month, I had the pleasure of attending the MTN ICT Expo at Mestil Hotel in Kampala. This event was an incredible gathering of customers, experts, and thought leaders, all exploring how digital transformation is shaping various sectors like health, education, banking, ICT, and even the p

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BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption

BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption

MTN Uganda has accused Uganda Revenue Authority (URA) of deploying ‘coercive tactics’ to extract Shs 260bn from the telecom in an ‘unfounded’ tax assessment.MTN Uganda also blamed URA officials for ex

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Vision Group's Shs25b share sale explained

Vision Group's Shs25b share sale explained

On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi

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Govt targets 25,000 people in new Ebola vaccination drive

Govt targets 25,000 people in new Ebola vaccination drive

The Ministry of Health has launched a comprehensive Ebola preventive vaccination campaign to safeguard vulnerable populations against the Ebola Virus Disease (EVD) after securing vaccines for 25,000 people. Mr Emmanuel Ainebyoona, the Ministry’s spokesperson said on Thursday the vaccinati

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Energy officials tasked by Museveni to lower electricity rates

Energy officials tasked by Museveni to lower electricity rates

The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu

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What other players give savers eager to grow money

What other players give savers eager to grow money

If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab

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Queen Sheebah taking a break: Is it a Risky Move for Ugandan artistes?

Queen Sheebah taking a break: Is it a Risky Move for Ugandan artistes?

September 25, 2024 | Ashraf Habib

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