Former Energy Minister Daudi Migereko takes over as chairman of the Uganda Railways Corp. board, facing the challenge of reviving a national asset plagued by decades of decay and land grabbing.KAMPALA, Uganda — Former Energy Minister Daudi Migereko has taken over as chairman of the Ugand
The Minister of State for Labour, Employment and Industrial Affairs, Esther Anyakun, has warned residents of Namalu Sub-county against encroaching on land belonging to the late Karamoja business tycoon Cornelius Lorika Kodet, urging them to respect his legacy and property.Speaking during K
How the rivalry between the two Gulf carriers has contributed to the growth of the local aviation industryEmirates and Qatar Airways, the two Gulf carriers dominating the global aviation industry are flexing muscles over the fast growing Ugandan market. Every week thousands of Ugandans dep
The Association of Chartered Certified Accountants (ACCA) Uganda and Deloitte Uganda have launched the 9th edition of the Chief Financial Officer (CFO) Awards.Organised under the theme, “CFO Vision: Creating Impact and Legacy,” the 2025 awards will spotlight finance leaders who are not
dfcu Annual General MeetingShareholders of dfcu Limited are set to earn a 121 per cent increase in dividend payout for 2024, rising to Shs 20.09 per share from Shs 9.10 in 2023, following a remarkable turnaround in the bank’s financial performance.
Chairman Mbire earns shs 55 million per day from MTN dividendsBusinessman Charles Mbire’s investment in MTN Uganda is staging a strong comeback, nearing the $70 million mark after rebounding by nearly $5 million in just 51 days. After facing
Chelsea became the first club to win all five major UEFA competitions after a second-half masterclass inspired by Cole Palmer led the Blues to a resounding 4–1 comeback victory over Real Betis Balompié in the Uefa Europa Conference League final on Wednesday night.Trailing 1–0 at the b
Stanbic Bank has introduced a preapproved mortgage financing solution that empowers existing clients with up to shs 500 million—without the need for the traditional loan application process.“Homeownership should not be a privilege for a few—it should be an achievable milestone for ev
Tesla shares fell almost 6% on Monday, a day ahead of the electric vehicle company's first-quarter earnings report, as analysts fret over "ongoing brand erosion."The stock closed at $227.50 leaving it less than $6 above its low for the year on April 8. The shares are now down 44% for the year af
