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Business & Economics

MTN to switchoff subscribers before official August 30th deadline as 700,000 simcards remain unregistered

MTN to switchoff subscribers before official August 30th deadline as 700,000 simcards remain unregistered

MTN has revealed that it will switch off unregistered customers even before the government’s deadline of 30th August 2017. The announcement comes as the deadline for simcard registration extended by government in April this year clocks down to only 9 days. This was revealed by the MTN chief executive officer, Mr.Wim Vanhelleputte, while appearing before […]

Standard Chartered Bank re-launches its services

Standard Chartered Bank re-launches its services

Standard Chartered Bank has  re-launched some of its services to enable its clients access financial solutions with ease. Some of the services re-launched include visa infinite debit card usage and advising the customers on their wealth and property management. The Head of Retail Banking, Israel Arinaitwe, says that  the visa infinite debit card offers complementary access to over […]

Micro-finance minister in campaign to rid SACCOS of cheats

Micro-finance minister in campaign to rid SACCOS of cheats

The State Minister for Micro Finance, Haruna Kasolo Kyeyune has launched an operation in Kampala and Wakiso districts to search for all those managers who keep on disappearing with the savings of the members of Savings and Credit Cooperative Societies (SACCOS) groups. While meeting members of Nakasero eyeterekera cyclists and vendors SACCO at Nakasero market […]

Africa’s economic growth to fall 1.6% in 2016 – World Bank

Africa’s economic growth to fall 1.6% in 2016 – World Bank

In their October 2016 report: Africa’s pulse, An analysis of issues shaping Africa’s economic future, the World Bank Group notes that after slowing to 3 percent in 2015, economic growth in Sub-Saharan Africa is projected to fall to 1.6 percent in 2016. That is half of what it was last year and the lowest level […]

Chinese have not received sand mining permits: NEMA

Chinese have not received sand mining permits: NEMA

The National Environment Management Authority (NEMA) says that it has never given sand mining permits to Chinese to operate in Lwera wetlands in Kalungu district. This follows members of parliament recently protesting against the mining of sand in Lwera wetlands and in Lake Victoria by Chinese. The Executive Director of National Environment Management Authority, Tom Okrot, […]

Bugishu asks UMEME to lower tariffs

Bugishu asks UMEME to lower tariffs

Legislators from Bugishu region have asked Umeme to lower the cost of electricity to make it affordable, to the ordinary Ugandans. The lawmakers made the appeal  during a consultative meeting with Umeme officials on how they can assist the company on reducing power theft in the region. According to Umeme Bugishu regional manager Trevol Higenyi […]

PAC faults ministry on market construction failure

PAC faults ministry on market construction failure

The public Accounts committee of parliament has faulted the ministry of finance and local government for failure to work on Busega, Nyendo Masaka markets now six years since the 10 million dollar loan for this project was approved. Members of parliament on the committee were querying the ministry of finance officials over none performance of loans. […]

Dairy authority to extend ban on loose milk transportation

Dairy authority to extend ban on loose milk transportation

Dairy Development Authority is to extend the ban of transporting loose milk to upcountry areas as a measure of selling unprocessed milk which could be harmful to the consumer. In 2014  DDA banned the transportation of loose milk especially in Jerry cans they could easily be contaminated  by germs because of being unprocessed. The Acting Manager […]

Farmers ask for policy on vanilla growing

Farmers ask for policy on vanilla growing

Farmers under their umbrella body, Vanilla Exporter`s Association demand for a policy that will help to guide vanilla dealers in the country. While meeting with the Minister of Agriculture Animal industry and Fisheries, Vincent Bamulangaki Ssempijja they requested Government to consider reviving vanilla crop in Uganda, because the prices have skyrocketed in the recent past. They said a kilo of vanilla […]

Saudi Arabia leading in mistreatment of Ugandan workers – PLA

Saudi Arabia leading in mistreatment of Ugandan workers – PLA

Saudi Arabia tops  a list of countries which are mistreating  Ugandans working in Arab countries followed by Kuwait and the United Arab Emirates according to a research by Platform for Labour Action. The June 2016 report handed over to parliament’s committee on Gender indicates that majority of Ugandans in the Middle East are victims of international […]

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