ITHUBA Uganda Announces Fifth POWERBALL Roll-Down Event with UGX 1.1 Billion Jackpot
Kampala, Uganda – ITHUBA Uganda, the official operator of the Uganda National Lottery, has announced an exciting opportunity for players across the country with the fifth POWERBALL Roll-Down event set for January 31, 2025. With the jackpot standing at UGX 1.1 billion, this special event...
Britam Asset Managers Introduces Easy Earner Dollar Fund, Providing Secure High-Return Investment Options for Ugandans and Diaspora
Britam Asset Managers, a leading financial services provider in Uganda, has unveiled the Britam Easy Earner Dollar, a new investment product aimed at providing stable returns and capital security for investors seeking US Dollar-denominated assets. Britam Easy Earner Dollar provides for low-risk investment by focusing on interest-bearing assets....
Museveni’s Intervention Prevents Shs792bn Loss for AYA in South African Firm’s Hotel Auction
Ugandan businessman Mohammed Hamid of Aya Investments could have lost UGX 792 billion unfairly to South Africa’s Industrial Development Corporation (IDC) and its sister company, ECIC, due to a UGX 151 billion loan if President Museveni had not halted the process. The President ordered the...
Rwanda further eases entry for visitors
Visa openness is the ease with which visitors enter their country of destination. Four African countries have a visa-free entry policy, up from three in 2022. Benin tops the chart followed by The Gambia, Rwanda and Seychelles.
Juba mulls shutdown of oil exports via war-torn Sudan
This puts more pressure on the falling forex reserves, stifling business activities and making operations of local and foreign companies difficult.
Jubilee Insurance sponsors 50 cyclists to compete in an international stage
Jubilee Insurance has today announced its sponsorship of 50 cyclists who will be participating in the much-anticipated Jubilee Live Free Race powered by Grand Nairobi Bike Race (GNBR) on Sunday, 26th November 2023 in Nairobi Kenya. The company has covered the travel costs for the...
UIA Director Assures Progress on Kisoro Industrial Park at Isangane Festival
Robert Mukiza, Director General of the Uganda Investment Authority (UIA), has confirmed the steady advancement of the Kisoro Industrial Park project. The allocation of 620 acres of Kibaya land in Bunagana and Rukundo Town councils by Kisoro district authorities to UIA in August 2021 marked...
Resolving Claims with Integrity: ICEA LION’s Commitment to Client Satisfaction
ICEA LION takes note of recent claims made by Mr. Andrew Kyamagero on social media regarding his insurance claim for vehicle registration number UBK 291B under the insurance policy of his employers, Africa Broadcasting Uganda Limited (ABUL). We empathize with Mr. Kyamagero, understanding the stress...
How your business can benefit from ‘Oli Sorted’ by Stanbic
To stimulate economic activity, Stanbic Bank Uganda has announced a new lending campaign dubbed Oli Sorted, aimed at facilitating Ugandans to access affordable credit to finance their personal and commercial needs. Israel Arinaitwe, the Head of Personal Banking at Stanbic Bank said after the last...
Economic inclusion of women is good for business, good for Africa
8 March 2023, Kampala – International Women’s Day highlights the private sector’s crucial role in advancing the economic inclusion of women in Africa. At Coca-Cola Beverages Africa (CCBA), we use our industry leadership to be part of the solution for positive change on the African continent....
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