A lean parliament means more money to other sectors after 2016
By John Njororge On Friday May 22, the Citizens’ Coalition for Electoral Democracy in Uganda (CCEDU) submitted its Memorandum on the Constitution (Amendment) Bill 2015 to the Committee on Legal and...
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Crane bank @20: The story Behind Its Impressive Growth and Success
By Our Reporter In the late 1990s and early 2000s, a number of indigenous banks sprung up in Uganda. Many however did not live to celebrate a 5th anniversary, having been declared insolvent and taken...
View ArticleStock Market closes week on a low as shares prices drop
By Silvia Nyambura The stock exchange has closed the week on a low as total turnover fell to Ushs 86.62 million from Ushs 1.56 billion the previous week. Stanbic Bank Uganda dominated the market with...
View ArticleAfrica to host Finance & Investment Forum for the first time
By Our Reporter EMRC, a not for profit organization that promotes sustainable development in Africa through growing business partnerships will hold the Africa Finance & Investment Forum 2015 (AFIF)...
View ArticleICPAU certifies fresh batch of accountants
By Silvia Nyambura 233 accountants have been certified by the Institute of Certified Public Accountants of Uganda (ICPAU) and can now ably practice their profession in the market. An additional 34...
View ArticleCentenary Bank/Rotary Club unveil Cancer Center
By Silvia Nyambura Centenary Bank in partnership with the Rotary Club of Uganda and Crown Beverages has handed over a Ushs 1.5 billion Cancer Center to St Francis Hospital Nsambya. The new facility has...
View ArticleUTL shareholders hold talks to revive the telecom
By Silvia Nyambura The shareholders of Uganda Telecom (UTL) have come up with a plan to revive the company. Over the next 60 days, UTL will be recapitalized with an un-revealed amount of money in a bid...
View ArticleWhy CRM and ERP are better together
By Jeremy Waterman Every growing mid-sized enterprise needs to put in place business systems that help it streamline business processes, gain visibility into its operations, and enhance productivity....
View ArticleWhy the cloud is the next big leap in the evolution of accounting software
By Steven Cohen Over the past 20 years, we have seen the business software market evolve at a rapid speed, moving from basic DOS-based solutions with text-based interfaces to rich and attractive...
View ArticleMedical Conference to address ‘brain drain’ in East Africa’s healthcare industry
By Our Reporter The migration of health workers from East African countries presents a critical challenge to the provision of healthcare. It is a growing concern that urgently needs to be addressed....
View ArticleNSSF Earns Shs4.5 billion in Gross Dividends from Umeme Limited
By Our Reporter The National Social Security Fund (NSSF) has received a cheque of Ushs 4,518,594,035 from the power distributor Umeme Limited as gross dividend payment for its 231,722,771 shareholding...
View ArticleMTN Uganda rolls out 4G/LTE to the rest of the country
By Silvia Nyambura 2 years after MTN first launched its 4G/LTE network in Kampala and Entebbe, the company has announced it has rolled out this technology in all the major towns in the country. It has...
View ArticleIan Clarke sells off majority stake in healthcare business
By Our Reporter The International Medical Group (IMG) has announced CIEL Limited (CIEL), through its wholly owned subsidiary, CIEL Healthcare Limited (CHL) has acquired a majority stake in the group....
View ArticleInsurance industry records slow growth in 2014
By Silvia Nyambura The Insurance sector has recorded a 6.9% growth in premiums for financial year 2014. This is a major drop compared to the 31% growth rate recorded in 2013. The sector wrote premiums...
View ArticleJovago.com to soon launch in Uganda
By Silvia Nyambura The Africa Internet Group (AIG) has announced it will launch its online hotel booking site Jovago.com officially in August. AIG is the parent company to online sites like Hellofood,...
View ArticleMining sector stakeholders call for lift of ban on mineral exports
By Silvia Nyambura The Uganda Chamber of Mines and Petroleum (UCMP) has called for a more balanced approach to the Value Addition strategy in the country’s nascent mineral sector. The plea follows an...
View ArticleAfrican insurers urged to innovate to attract digital consumers
By Our Reporter Insurers in the East Africa region need to innovate when it comes to the design and delivery of products and services. This will not only foster greater loyalty amongst consumers, but...
View ArticleGlobal investment increasing dramatically in Africa’s telecoms industry
By Our Reporter Africa’s telecoms industry forms a vital component to the continent’s economic growth, affecting all aspects of the business and social sphere. Dramatic expansion in the telecoms sector...
View ArticleAfrica must support NEPAD’s infrastructure agenda
By Our Reporter Closing Africa’s infrastructure gap is a top priority in order to put the continent on a path for double digit growth and sustainable development. This is according to world-renowned...
View ArticleCMC motors unveils vehicle maintenance facility
By Silvia Nyambura Quick Lane, an affiliate of the Ford Motor Company has commissioned a Ushs 2.6 billion facility that will service and repair vehicles on the go. This is in partnership with...
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