Financial
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Uganda Police, Mbarara hospital to ink health emergency deal
MBARARA– The Uganda Police administrators are in preparation to enter a Memorandum of Understanding with Mbarara Regional Referral Hospital (MRRH) to handle emergency cases of their cops in the Western region. According…
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Masindi district local government injects Shs 1.9 billion in the roads sector
MASINDI– Masindi district local government has embarked on working on its four major roads which have been impassable for a long time. Masindi district council committed to Shs 1.9 billion towards improving…
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Atiak Technical Student Association wait for government’s response 20 years later
GULU – Government is yet to respond to the request for support by the Atiak Technical Students Survivors Association in 2000. The students survived an attack by the Lord’s Resistance Army [LRA]…
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NSSF total assets shoot up 15.3 percent in March 2022
KAMPALA– The National Social Security Fund [NSSF] issued a transparency statement showing that its total assets as at March 31, 2022 increased by 15.3 percent to about Shs 16.86 trillion from Shs…
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UNRA starts maintenance on Nebbi – Goli road after public outcry
NEBBI – Uganda National Roads Authority [UNRA] has started maintenance works on Nebbi Jukia – Goli road following a public outcry on the bad state of the road which has become impassable.…
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Gulu University seeks Shs 27b to set up juice producing factory
GULU – Gulu University is seeking at least Shs27 billion to set up a complete, independent juice processing factory. Last year, the University launched the “Gulu University Muyeme Juice” pilot project which majorly…
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Centenary Bank on list of nominees for 2022 edition of the African Banker Awards
KAMPALA– The African Banker magazine has announced the shortlist of over 60 nominees for this year’s edition of the African Banker Awards, with Ugandan Centenary Rural Development Bank and Tugende Global nominated…
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Centenary Bank gross profit surge 33.6 percent
KAMPALA- Centenary Bank earned gross profit of about Shs 288.5 billion in 2021, which was 33.6 percent growth when compared to about Shs 216 bln earned in 2020. The bank’s Managing Director…
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KCCA opens court to receive property rate cases
KAMPALA – Kampala Capital City Authority (KCCA) Council has approved a new Valuation Court. The court will be responsible for receiving complaints from the landlords aggrieved by the property tax valuations. Samuel…
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UVCCL coffee deal: Investors want to mortgage govt land at Namanve
KAMPALA– Even though President Yoweri Museveni and NRM caucus Members of Parliament [MPs] have agreed to review the controversial coffee export deal signed between the government and Vinci Coffee Company Limited [UVCCL], the…
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