Category Archives: BUSINESS

The richest people in the World as of 2018

The Richest People in the World

By JENNIFER CALFAS(time.com)

The richest people in the world have a staggering amount of wealth — comparable to the GDP of small countries for some. Many of the world’s richest, like Microsoft founder Bill Gates, Amazon CEO Jeff Bezos or Facebook co-founder Mark Zuckerberg

Family offers half a million dollars for abducted Tanzania only billionaire

By AFP
The family of Tanzania’s only billionaire Mohammed Dewji, who was kidnapped last week in Dar es Salaam, on Monday announced a reward of nearly half a million dollars for information on his whereabouts.

Kanye West to meet Museveni and also shoot a music video in Uganda

USA rapper Kanye West and  wife Kim Kardashian arrived in Uganda on Friday afternoon, the top USA couple were flown by a UPDF military  chopper to Chobe Safari Lodge located in Murchison Falls National Park in North-Western Uganda.

Merging of government institutions: Painful but necessary evil – Maseruka Sadat

The Uganda government announced the scrapping and merger of its agencies, commissions and authorities this was due to the excessive costs of running of these authorities, agencies and their boards, to eliminate functional ambiguities and duplication among government institutions.

Bank of Africa apologises to DFCU head Juma Kisaame leaked Bank details

Bank of Africa  has issued unreserved apologies to Mr Juma Kisaame , the Managing Director at Development Finance Company of Uganda Ltd., and its subsidiary DFCU Bank Ltd since 2007

Makerere students demand President Museveni to sack Bank of Uganda top officials

Uganda youthful groups led by Makerere University students called upon  President Yoweri Museveni   to eliminate the top management of Bank of Uganda  accusing them of failure to execute their mandate which has resulted to collapsing of several Uganda banks in the country. 

Zari the boss lady confirmed as Uganda’s tourism ambassador

Things are finally looking up for Ugandan beauty Zari Hassan as the mother of five has been named Uganda’s tourism ambassador.

Ugandans forget refund of Mobile Money tax money – Keith Muhakanizi

The Finance Ministry Permanent Secretary, Keith Muhakanizi has advised mobile money users to forget about a refund of part of the taxes they paid for mobile money transactions because they were collected and spent legally.

Uganda slaps ban the importation of old vehicles

The ban by Uganda government on the importation of vehicles that are older than 15 years from the date of their manufacture has taken effect.

UK tea company reported to court of laws by Kenyan workers

By Abooki Inno

Tea workers in Kenya have filed a case against multi-national company Unilever in the UK’s Supreme Court for allegedly failing to protect them during the violence that followed the 2007 elections in which over 1,000 people were killed.

Press: Uganda youth appreciate Auditor General report in regards to scandalous Justine Bagyenda

Dear Press men and women, we welcome you to this auspicious occasion of expressing gratitude to Auditor Generals office(AG)s for releasing rigorous report to parliament about the irregular shutdown of Crane bank (CB) and other 5 banks by Bank of Uganda.

French and British Fishermen clash over fish

French fishermen have been accused of throwing insults, rocks and smoke bombs at their British rivals in the English Channel in a vicious scrap over scallops.