New customers seeking electricity connections to their houses in a shorter distance that requires no extra pole will now pay only Ugx 200,000 to have power connected to their houses. The good news is the result of a new undertaking by the Electricity Regulatory Authority, Ministry for Energy and Uganda Development Bank (UDB). This is great…
After months of ping-pong between the National Unity Platform (NUP) leaders and their sympathizers to discredit the National Resistance Movement government and prevent President Museveni from attending the US – Africa summit, US President Joe Biden has maintained his Invitation to Mr.Museveni. On Sunday morning, the Vice President Maj Jessica Alupo, Presidency Minister Milly Babirye…
At least 30 employees at Kin Kariisa’s Next Media have lost their jobs in a broader digital realignment of the company aimed at creating efficiency.Next Media,the holding company for a string of media brands NBS TV,Next Radio,Sanyuka TV,Salaam TV and Nile Post among others employees slightly above 500 workers across its platforms. A source at…
The goal of every business is to grow its brand while generating considerable sales revenues. Having an exceptional business idea and correctly designed products that offer good value for money is a fundamental. However, without a suitable marketing strategy, a business’s sustainability is often times heavily threatened. Hedge Marketing, one of the leading Creative, Digital…
Following the demise of Prof. Emmanuel Mutebile, the longest serving Governor of Bank of Uganda, Kigezi Region has presented a list of it’s favorite candidate whom they request president Museveni to consider while appointing the new governor. This as an echo to the LCV Kabale District, Nelson Shanga, made at the burial of Mutebile in…
Ham Enterprises (U) Ltd have through their lawyers, Muwema and Company advocates & Solicitors and Kimara Advocates and Consultants, have officially petitioned the Chief Justice of Uganda over the bias and injustices and the supreme court. These say it is evident to every open and fair minded member of society that has been following this…
On Friday, 3, Uganda’s media was awash with false news that Tycoon Hamis Kiggundu alias Ham had lost his appeal against Diamond Trust Bank (DTB) which recently admitted illegality at the supreme court. Ham’s grounds of appeal at supreme court was that the justices at the court of appeal failed to address the substantial issue…
Diamond Trust Bank (DTB) had earlier admitted committing illegalities at high court on court records, the bank has additionally at supreme court admitted failure of the Court of Appeal to address the substantial point of illegality hence Ham has applied and awaits judgments on count of the Bank’s admissions. Brief HistoryHam Enterprises (U) Limited (The…
There is a general presumption and saying that capital has no home but within realistic parameters the home of capital is its place of origin because it always goes back with its profits or returns on investments. Capital holds much more value in countries like Uganda where fixed deposits have monthly interest returns of up…
The Minister of Finance, Planning and Economic Development, Matia Kasaija has lauded the Retirement Benefits Sector as key to Uganda’s economy because of the sector’s ability to mobilize national savings and enhance population productivity and wellbeing. The Minister was releasing the 2020 Annual Sector Performance Report Of the Retirement Benefits Sector at the Uganda Media…
