Ministry of Energy gets Shs 136bn grant for solar mini grids
Solar panels The ministry of Energy and Mineral Development has received a Shs 136bn grant from the German government and European Union to support the electrification of Uganda’s rural areas with solar energy, and contribute towards the transition to clean renewable energy through an initiative...
Six killed as Kenyan, Rwandan buses collide head on in Uganda
The Thursday accident occurred at Hakabira on top of Rwahi hill in Rwahi town council, Ntumgamo District.
Ugandans still face threats from ADF terrorist group
Indeed, recently, ADF rebels attempted to cross into Uganda from DRC, forcing security agencies to admit that the country now faces the threat on three fronts. This showed that the militants have regrouped inside the country and plan attacks using explosives. Also, raids on villages...
Ceasefire gives civilians breathing space in DRC
But the combatants are still raring to resume fighting if their bases are attacked, even if by a third party, something fuelled by comments by prominent civil society groups opposed to the deployment of the regional force.
Golf: Ronald Rumayo enjoys another fine year on the greens
For Ronald Rugumayo, the year 2022 will perhaps be a year of mixed emotions. The Toro-born and bred golfer once again showed why he is rated the best professional in the country with a series of impressive performances in and out of the country. But...
Court orders Ham’s brother Sentongo to pay Shs 10bn to Orient bank
The High court has ordered Haruna Sentongo, a brother to city businessman Hamis Kiggundu to pay Orient bank more than Shs 10 billion accrued from loans advanced to him. In a judgment issued by commercial division judge, Richard Wejuli Wabwire, the court found that indeed Sentongo...
Former Pope Benedict dies at 95
RIP: Former Pope Benedict Pope Emeritus Benedict XVI, who led the Catholic Church for nearly eight years before becoming the first pope to resign in six centuries, has died today Saturday at the age of 95. Benedict’s death followed an appeal by Pope Francis to...
Insurance premium grows to Shs 1.1 trillion as 2022 closes
Gross written insurance premiums have grown to just over Shs 1 trillion, the highest ever. The announcement was made by Ibrahim Kaddunabbi Lubega, the chief executive officer of the Insurance Regulatory Authority (IRA) of Uganda. This was during a breakfast meeting held at Serena Hotel,...
KCB finally buys DRC bank
The officials after signing Recently, KCB Group Plc announced the acquisition of Trust Merchant Bank SA (TMB) after receiving all the regulatory approvals. The group now owns an 85 per cent stake in the Democratic Republic of Congo (DRC) based lender. KCB Group obtained the...
Ugandans in the diaspora to save, invest back home with Housing Finance Mobile Banking App
Ugandans in the diaspora to save, invest back home with Housing Finance Mobile Banking App Mr. John Baptist, the Head of Mortgage and Consumer Banking at Housing Finance Bank at the 12th Annual Ugandans Diaspora Business Breakfast at Kampala Serena Hotel (PHOTO/Courtesy). KAMPALA – Diaspora...
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