Category: Business

The 25-year deal power import deal with Ethiopia will see Kenya Power take up a maximum capacity of 200 megawatts in the first three years, rising to 400MW for the remaining period.

“As Equity rolls outs its ambitious Africa Recovery and Resilience Plan with the aim of scaling its customer base to 100 million by 2025, this calls for the scaling up of our operations, footprint and distribution infrastructure driven by technologically driven digitisation and virtualisation of...

ITC targets secondary school students in massive insurance awareness drive, pledges professionalism Mr. Saul Sseremba, CEO – Insurance Training College and Ms. Evelyn Nkalubo Muwemba – CEO Statewide Insurance Company addressing the press at the College in Kampala on Monday (PHOTO/Nelson Mandela). KAMPALA – The...

Dr Paul Kawanga Ssemogerere President Yoweri Museveni has directed that the former Democratic Party (DP) president general Dr Paul Kawanga Ssemogerere be accorded an official funeral.  This was announced on Saturday by the minister in charge of the presidency, Milly Babalanda. According to Babalanda, she...

UACE candidates pray before their exams The Uganda National Examinations Board (Uneb) has marked Kawempe Division in Kampala as an examination malpractice hotspot as the Uganda Advanced Certificate of Education (UACE) exams kick off. A Uneb official who declined to disclose his name made this remark while briefing scouts who...

Stephen Kaboyo, Founder and Managing Director Alpha Capital Partners The Uganda shilling continued to beat expectations and maintained a bullish stance supported by remittances and charities. The unit threatened to break lower the support level of 3750. In the fixed income market, a treasury bill...

Anthony Kituuka named as new Equity Bank Managing Director Anthony Kituuka – newly appointed Equity Bank Managing Director (PHOTO/Courtesy). KAMPALA – November 2022 Equity Bank Uganda Limited has announced the appointment of Mr. Anthony Kituuka as the new Managing Director with immediate effect. Prior to...

GIZ-E4D, Agribusiness Development Centre to support 200 agribusinesses in Uganda in new partnership Ms. Josephine Mukumbya – Executive Director, ADC and Mr. Jimmy Byaruhanga team leader, ECOs project Uganda respectively signing a partnership (PHOTO/Courtesy). KAMPALA – A collaborative partnership between GIZ’s Employment and Skills for...

UBA Group boss Alawuba commits to fostering economic devt, partnerships with Uganda l-r: Board Chairman, UBA Uganda, Hajji Mustapha Ssebagala Kigozi, Prime Minister, Republic of Uganda, Rt. Hon. Robinah Nabbanja, Group Managing Director/ CEO, United Bank for Africa (UBA), Mr. Oliver Alawuba, after a meeting during, Mr....