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Business & Finance

Red flag raised over land compensation list : Beatrice Byenkya

Uganda Land Commission (ULC) chairperson Beatrice Byenkya has acknowledged writing to Parliament stopping a ministry of lands request amounting to sh12.1b meant to compensate a group of six land owners. In a letter dated February 6 addressed to Speaker of Parliament Rebecca Kadaga, Byenkya said she was dismayed and displeased with a list lands minister […]

FGM is most prevalent in Amudat – report

For the case of Uganda, the resurgence of Female Genital Mutilation (FGM) is most prevalent in Amudat district, Karamoja sub-region, a new report has revealed. The latest report by the United Nations International Children’s Emergency Fund (UNICEF) revealed that despite the national prevalence rate of the FGM dropping from 1.4% in 2011 to 0.3%, its […]

Mariat Candance Nasasira quits radio after nine years

Mariat Candance Nasasira quits radio after nine years

The rate at which the Ugandan radio industry is losing presenters to marriage is worrying. A few months ago, Radio City’s Judithiana quit and wedded shortly after. As we were still digesting that, Galaxy FM’s Mariat Candance Nasasira has also quit the Kansanga based radio station. Mariat worked at Urban TV before. What started as […]

Cancellations continue to outpace new orders : Boeing

Cancellations continue to outpace new orders : Boeing

Boeing said Tuesday it again suffered more cancellations than new orders for aircraft in January as the Covid-19 pandemic continues to weigh on airlines. The aerospace giant said it delivered 26 planes to its customers, mainly of the 737 MAX, after commercial flights of the aircraft resumed following the 20-month grounding in the wake of […]

Ugandan Shilling weakens as preparations for monetary policy meeting

Ugandan Shilling weakens as preparations for monetary policy meeting

The shilling weakened marginally from opening levels of 3660/3670 to close the day at 3665/3675 as some corporate demand filtered through in an overall quiet day of trading. Money markets were still relatively tight today with overnight at an average of 7.15%. Bank of Uganda will hold a sh245bn treasury bill auction on Wednesday. Meanwhile, the […]

Face Technologies to stop issuing driving permits strating March 1st

After 18 years in the driving permit issuance services in the country, Face Technologies will on March 1 handover the role to Uganda Security Printing Company (USPC). According to the works and transport minister, Gen. Edward Katumba Wamala, the new company is now ready to take over the mandate to issue driving permits, following a […]

UK arrivals to take Mandatory COVID-19 tests

UK arrivals to take Mandatory COVID-19 tests

Travelers arriving in Britain from abroad are mandated to take two coronavirus tests during quarantine, the government is expected to confirm on Tuesday. Health Secretary Matt Hancock is due to announce that people told to isolate at home will be required to get a test two and eight days into a mandatory 10-day quarantine period. […]

19 dead during gun raid: Northwest Nigeria

19 dead during gun raid: Northwest Nigeria

Nineteen people were killed at the weekend when armed men raided two villages in northwest Nigeria’s Kaduna state, the government said, in the latest violence to hit the region. Gunmen from kidnapping and cattle rustling gangs — called bandits by locals — often raid villages in northwest Nigeria, stealing cattle, kidnapping for ransom and burning […]

Decision to dissolve Sudan’s Government: Prime Minister

Decision to dissolve Sudan’s Government: Prime Minister

Sudan’s Prime Minister Abdalla Hamdok on Sunday issued a decision to dissolve the government, said the Council of Ministers in a statement. “In accordance with the provisions of the constitutional document for the transitional period, the prime minister issued a decision today to relieve the ministers and ministers of state in the government of the […]

East African Community leaders to meet in Arusha, Tanzania

East African Community leaders to meet in Arusha, Tanzania

Preparations for the extraordinary heads of state East African Community (EAC) summit have been concluded, with leaders expected to convene in Arusha on February 27. The permanent secretary of the Ministry of Foreign Affairs, Ambassador Patrick Mugoya, on Monday confirmed the summit, saying leaders are now discussing whether it will held virtually or physically owing […]

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