development

Tullow oil appoints Barclays Capital and Morgan Staley & Company as corporate brokers

News Release Tullow Oil plc (Tullow) is pleased to announce that it has appointed Barclays Capital and Morgan Stanley & Co. International plc as joint corporate brokers with immediate effect. FOR FURTHER INFORMATION CONTACT: Tullow Oil plc (+44 20 3249 9000) Chris Perry – Investor Relations James Arnold – Investor Relations George Cazenove – Media […]

Bad Black acquires fraudulent passport

Intelligence officers in Kampala are probing reports that city socialite Bad Black real names Shanita Namuyimbwa fraudulently acquired a passport. The investigations started after Bad Black last week unsuccessfully applied to secure a Germany Visa so as to travel to Germany. Bad Black was granted bail in December last year after she had been on […]

KCCA demands ushs950m as costs for case against UTODA

Kampala City Council Authority (KCCA) is demanding 950 million shillings as compensation costs and damages for the case against UTODA. The KCCA lawyers led by Caleb Mugisha and Robert Kwanza have computed the figures of the money they want UTODA to cough to them. They sent the demand note to UTODA lawyer Abbas Bukenya and […]

Man working under influence of marijuana kills two children

The police inUgandahave arrested a man who reportedly acted under the influence of marijuana and killed his two children both boys, Walakira Nyanzi reports.   Abdullah Jamal, a resident ofTanganyikavillage inDadamuSubCountyin Arua reportedly killed the children and reported himself to police claiming that he did not have food to feed the children. The Criminal Investigations […]

Uganda Development Bank reduces interest rates

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 […]

Government, World bank to start bioelectricity project

The World Bank in partnership with the Agency for Promoting Sustainable Development Initiatives (ASDI) and the Ministry of Energy and Mineral Development will tomorrow, February 1, 2012 launch a pilot project for the promotion of bioelectricity in Uganda at Kayei Landing Site, Akokoro Sub-County,  Apac District. Over 100 households in the area around Kayei Landing Site […]

East Africa MPs want countries to deal with Water hyacinth

Ultimate Media The Ugandan representative to the East African Legislative Assembly Dan kidega has demanded the East African governments through the East African council of ministers to agree on the method of dealing with the problem of water hyacinth reported on lake Victoria again. This followed the EALA committee on  Accounts on the East African community […]

500 jobs available in Uganda

The coalition for health promotion and social development, a national health rights organization and the action aid are to recruit professionals who can work under minimum supervision to fill the following posts: programme manager- community empowerment programme, programme assistant- community empowerment programme, programme officer administrative and human resource, programme officer research and monitoring, programme officer […]

312 billion shillings stolen on KCCA bank accounts

Kampala Capital City Authority (KCCA) is in shock after about 312 billion shillings meant to develop markets in the city went missing on the council’s bank accounts. KCCA has consequently established a committee comprised of councilors to investigate the whereabouts of the said money. Kampala Lord Mayor Erias Lukwago says that the committee is headed […]

Uganda to open embassy in Ramallah, Palestine

Ugandais to open an embassy in Ramallah inPalestine. The development was recently agreed upon byUgandapresident Yoweri Museveni and thePalestinehead of state, Sheikh Mahmood Abas. Abas is a close friend of President Museveni. And in fact Abas visitedUgandain April last year and held closed door talks with Museveni. LaterUgandastatehouse officials issued a press statement that indicated […]

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