For continuing donor-funded initiatives, Parliament has encouraged the government to release cash as soon as possible. The directive comes after the Committee…
Uganda’s Debt Stands At Shs86.7 trillion
3 Mins read
Concerns on the increasing public debt burden continue to dominate debate and this time, Deputy Speaker, Thomas Tayebwa has directed the Committee…
GnuGrid CRB, Airtel Launch Uganda's First-Ever Mobile Credit Scoring System
8 Mins read
GnuGrid CRB, Uganda’s first and only indigenous credit reference bureau to be licensed by the Bank of Uganda and Airtel Mobile Commerce…
Entebbe Airport Handled Over 198,000 International Passengers In December 2023
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With 198,961 foreign passengers in December 2023—104,160 arrivals and 94,800 departures—Entebbe International Airport has set a new record. According to Uganda Civil…
Stanbic, Cinemax 190-day Promo Gives 20% Discounts On FlexiPay, Visa Card Payments
1 Mins read
Every Friday for the next six months, movie goers will enjoy generous discounts of up to 20% on tickets purchased with FlexiPay…
Improving customer demand raises Stanbic PMI to 53.0
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The monthly headline Stanbic Purchasing Managers Index (PMI) rose from 52.4 recorded in October to 53.4 during November, reflecting a continuing trend…
Uganda Airlines Makes Shs234billion Loss, To Break Even In 3years Time
1 Mins read
The Chief Executive Officer of the Uganda National Airlines Company, Jenifer Bamuturaki has said that the national flag carrier needs at least…
Prison Officers To Get Free Financial Literacy Training From Stanbic Bank
2 Mins read
Prison Officers and their spouses will get free financial literacy Stanbic Bank Uganda has launched a financial literacy training to enhance their…
CFAO Motors’ Loxea Introduces Short Term Car Rental Service
2 Mins read
Loxea, a subsidiary of the CFAO Motors Uganda, a distinguished player in the Ugandan market has announced short term car rental services….
Aya Investments vs. Industrial Development Corporation: A Legal Battle for Justice Arising from a Controversial Loan
2 Mins read
The ongoing legal battle between Aya Investments and the Industrial Development Corporation (IDC) is rooted in a complex history involving a loan…
