Many women in Uganda and across Africa do not have a lot of money to get rich, buy a house, buy a car, or even send their children to good schools. But saving little by little can buy them their dream houses or take them to their desired destinations. This applies to single mothers […]
Makerere University has allocated billion of shillings to be used for the supply and installation of universal water metering and sectional replacement of dilapidated pipe mains at Makerere University. The university management has now invited sealed bids from bidders. According to the press statement issued today, interested bidders may obtain information from Makerere University […]
Police are investigating reports that thugs are using ATM machines to steal people’s money from the bank accounts. It is alleged that the new Automated Teller Machine (ATM) scam is costingUganda’s commercial banks big sums of money in compensating their bank customers. The police spokesperson forKampala, Ibin Ssenkumbi says that people have lodged a lot […]
Police are investigating reports that thugs are using ATM machines to steal people’s money from the bank accounts. It is alleged that the new Automated Teller Machine (ATM) scam is costing Uganda’s commercial banks big sums of money in compensating their bank customers. The police spokesperson for Kampala, Ibin Ssenkumbi says that people have […]
Job seekers should now read this! Bank of Uganda has invited bids from bidders for the provision of Guard Services at headquarters, currency centres and regional branches. According to the management of Bank of Uganda, a complete set of bidding documents in English may be purchased by interested bidders upon payment of a non […]
Uganda, Kenya, Rwanda, Tanzania and Burundian business community will have an opportunity to share ideas with financial experts from Bank of Africa Group of companies when they meet in Dar es Salaam for a four-day residential conference. The business city of Tanzania was chosen by Bank of Africa to host meetings for the Bank of […]
A woman committed suicide and was found dead in her bed. Jacqueline Nansubuga, a resident of Namasuba Kalina Zone was found dead by her family members who had gone to her room to greet her on Thursday. She left behind a note. It read: “A note to police and my family members. I am sorry […]
Jinja East MP Paul Mwiru (FDC) and Luweero district woman MP, Brenda Nabukenya (DP) are among the list of MPs in the Uganda 9th parliament who have received government money to facilitate them acquire brand new vehicles. A source in the accounts section of parliament told our news desk that Brenda, Mwiru and many other […]
As a result of the recent hikes of interest rates in the market, many corporate businesses are encountering difficulties in paying back the loans they have acquired from the commercial banks. A couple of weeks back, the traders in Uganda through their umbrella association of ‘Kampala City Traders Association’ staged a sit-down strike protesting against […]
The government ofUgandahas agreed with commercial banks to fix interest rates to be charged on money given out to the youth in form of loans. The minister ofUgandafor Finance Minister, Maria Kiwanuka says that the banks will charge 15% for a period of six months. Some of the banks the government has agreed with include […]