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David Wandera has been appointed as Absa Bank’s interim managing director, a seasoned banking executive. Additionally, the news was announced on Monday morning. Wandera, who brings more than 20 years…
President Yoweri Museveni has expressed his gratitude to his Algerian counterpart, Abdelmadjid Tebboune, for the progress made in strengthening ties between the two nations. During their talks, the two leaders…
Chicken Business has become a great earning business in Uganda, so we have brought you some factors for a better yields from it Abundant Capital Depending on how many chickens…
Equity Bank Uganda Limited has confirmed the resignation of Mr. Anthony Kituuka as Managing Director, effective November 28, 2024. He will serve the three-month notice and officially leave the institution…
Parliament has tasked the government to explain how Bank of Uganda accounts were allegedly hacked, resulting in the theft of approximately Shs60 billion. The matter was raised by the Leader…
Police in Kagadi are hunting for unidentified thugs who allegedly stole three keys belonging to the Centenary Bank Kagadi branch. The thieves targeted the home of Tom Luswata, a banking…
Mercantile Bank becomes the latest indigenously owned bank to fall, following the same path as Crane Bank, Greenland Bank, Teefe, Cooperative Bank, and the National Bank of Commerce, among others.…
The newly launched Lake Victoria Logistics, a company aiming at reducing the cost of transporting fuel in Uganda, will subsequently reduce fuel prices, according to experts. Lake Victoria Logistics was…
Legislators on the Committee of Commissions, Statutory Authorities, and State Enterprises (COSASE) have questioned the exorbitant UGX 1.958 billion spent by the Uganda Tourism Board in inspecting accommodation facilities, only…
News reaching our news platform says the second consignment of 80,000 metric tons of diesel of Uganda from Kuwait is expected to arrive at Mombasa Port today. The first fuel-laden…
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